Funding you earn now, next payment 04:00 UTC−0.0636%/8h= −69.6% APRnext payment −$3.18 per $10,000 · paid last 24h −0.194%
Price spread now: Bybit against MEXC−0.061%7-day average −0.149% · you buy dearer than you sell
Net, funding: paid 7d − costs−$178as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1471.471% of the position
Funding, last 7 days−0.306%−$31 on $10k
+Price spread, last 4 days (all we have)−0.109%−$11 · spread now −0.061%, 7d avg −0.149%
=The price spread pays, funding is against you. Bybit is 0.087% dearer against MEXC than usual: you sell high and buy low (spread −0.061% now, against its 7-day average of −0.149%): +$9 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 7 days (−0.306% in total) that is about 48 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.306% in total (about -16.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.18 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MAVIA_USDT | 0.03259 | 0.0736 | pay 0.0368% / 4h | 2h 50m | $216K | $107K | 100x |
| Short | Bybit MAVIAUSDT | 0.03257 | 0.0100 | get 0.0050% / 4h | 2h 50m | $1.3M | $312K | 25x |
MEXC MAVIA_USDT
Bybit MAVIAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against MEXC. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$133.56
- Price spread: −0.061% → −0.149%
- $8.73
- Slippage, 4 orders
- −$132.14
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$271.97
- Costs to cover
- 1.471%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 63 min ago; Bybit: live order book, 5 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 63 min ago | 4.61 bp | 23.7 bp −$24 | 68.7 bp −$687 | 116.2 bp −$11.6K | 304.2 bp −$152.1K |
| Sell Bybit live order book, 5 min ago | 6.15 bp | 54.7 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
MAVIA on 7 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit MAVIAUSDTshort | +0.0100% | 4h | 0.03257 | −0.061% | $1.3M | $312K | 25x | |
| KuCoin MAVIAUSDTM | +0.0100% | 4h | 0.03250 | −0.276% | $165K | $43K | 10x | as long as short |
| Variational Omni MAVIA | +0.0100% | 4h | 0.03255 | −0.108% | $3K | $617 | — | as long as short |
| Gate MAVIA_USDT | +0.0510% | 4h | 0.03258 | −0.031% | $130K | $62K | 25x | as long as short |
| Binance MAVIAUSDT | +0.0730% | 4h | 0.03259 | +0.015% | $1.6M | $991K | 10x | as long as short |
| MEXC MAVIA_USDTlong | +0.0736% | 4h | 0.03259 | long leg | $216K | $107K | 100x | |
| BingX MAVIA-USDT | +0.0748% | 4h | 0.03260 | +0.031% | — | $1.2M | — | as long as short |
KuCoin MAVIAUSDTM
Variational Omni MAVIA
Gate MAVIA_USDT
Binance MAVIAUSDT
BingX MAVIA-USDT