Funding you earn now, next payment 04:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.05 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bybit+0.032%7-day average −0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$1021.015% of the position
Funding, last 7 days+0.061%+$6 on $10k
+Price spread, last 7 days−0.048%−$5 · spread now +0.032%, 7d avg −0.054%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and MEXC is 0.086% dearer against Bybit than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.054%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit METUSDT | 0.2788 | 0.0089 | pay 0.0045% / 4h | 1h 14m | $4.8M | $3.2M | 25x |
| Short | MEXC MET_USDT | 0.2789 | 0.0100 | get 0.0050% / 4h | 1h 14m | $938K | $284K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Bybit. 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
- $2.29
- Price spread: +0.032% → −0.054%
- $8.64
- Slippage, 4 orders
- −$86.53
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$90.6
- Costs to cover
- 1.015%
- Break-even
- 284.1 days
Slippage from Bybit: live order book, 3 min ago; MEXC: live order book, 52 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 Bybit live order book, 3 min ago | 1.79 bp | 39.6 bp −$40 | 275.2 bp −$2,752 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 52 min ago | 1.80 bp | 13.0 bp −$13 | 42.6 bp −$426 | 238.3 bp −$23.8K | 932.5 bp −$466.3K |
MET on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX MET/USD [WBTC.b-USDC] | L −0.0599% / S +0.0206% | 1h | 0.2789 | +0.027% | $4K | — | 50x | as long as short |
| Bybit METUSDTlong | +0.0089% | 4h | 0.2788 | long leg | $4.8M | $3.2M | 25x | |
| Lighter MET | +0.0096% | 1h | 0.2790 | +0.054% | $169K | $423K | 5x | as long as short |
| Hyperliquid MET | +0.0100% | 1h | 0.2789 | +0.029% | $3.8M | $1.7M | 3x | as long as short |
| Aster METUSDT | +0.0100% | 4h | 0.2790 | +0.080% | $53K | $11K | 5x | as long as short |
| Binance METUSDT | +0.0100% | 4h | 0.2789 | +0.032% | $4.8M | $12.2M | 50x | as long as short |
| OKX MET-USDT-SWAP | +0.0100% | 4h | 0.2789 | +0.032% | $1.2M | $3.4M | 20x | as long as short |
| Gate MET_USDT | +0.0100% | 4h | 0.2791 | +0.104% | $180K | $175K | 50x | as long as short |
| MEXC MET_USDTshort | +0.0100% | 4h | 0.2789 | +0.032% | $938K | $284K | 20x | |
| KuCoin METUSDTM | +0.0100% | 4h | 0.2792 | +0.140% | $1.3M | $2.6M | 50x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget METUSDT | +0.0100% | 4h | 0.2792 | +0.140% | $654K | $888K | 25x | as long as short |
| ApeX Omni METUSDT | +0.0100% | 1h | 0.2789 | +0.032% | $36K | $117K | 50x | as long as short |
| SunX MET-USDT | +0.0100% | 4h | 0.2788 | −0.004% | $1K | $1.6M | 20x | as long as short |
| BloFin MET-USDT | +0.0114% | 4h | 0.2791 | +0.104% | $285K | $90K | 50x | as long as short |
| Phoenix MET | +0.0173% | 1h | 0.2804 | +0.567% | $14K | $15K | 5x | as long as short |
| Backpack MET_USDC_PERP | +0.0399% | 1h | 0.2792 | +0.133% | $315K | $310K | 5x | as long as short |
Bybit METUSDT
MEXC MET_USDT
GMX MET/USD [WBTC.b-USDC]
Lighter MET
Hyperliquid MET
Aster METUSDT
Binance METUSDT
OKX MET-USDT-SWAP
Gate MET_USDT
KuCoin METUSDTM
Bitget METUSDT
ApeX Omni METUSDT
SunX MET-USDT
BloFin MET-USDT
Phoenix MET
Backpack MET_USDC_PERP