Funding arb · Price arb /

MOG

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.022%

Price spread now: MEXC against Bybit−0.123%7-day average −0.213% · you buy dearer than you sell

Net, funding: paid 7d − costs−$122as in the Funding arb table

Net, price: spread back to 7d avg − costs−$108as in the Price arb table

costs, in and out, $10k−$1171.169% of the position

Long on Bybit Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.055%−$5 on $10k

Price spread, last 4 days (all we have)−0.038%−$4 · spread now −0.123%, 7d avg −0.213%

Together, before fees−0.093%−$9 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.090% dearer against Bybit than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.213%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit 1000000MOGUSDT	0.0000001215	0.0100	pay 0.0050% / 4h	1h 34m	$1.7M	$2.4M	50x
Short	MEXC 1000000MOG_USDT	0.0000001214	0.0100	get 0.0050% / 4h	1h 34m	$701K	$238K	100x

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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee MEXCbpOrdersPrice spread, now −0.123%Rate

Funding earned: $0
Price spread: −0.123% → −0.213%: $8.98
Slippage, 4 orders: −$101.9
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$107.92
Costs to cover: 1.169%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 min ago; MEXC: live order book, 1 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	8.21 bp	41.7 bp −$42	219.3 bp −$2,193	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	4.11 bp	15.7 bp −$16	68.4 bp −$684	283.3 bp −$28.3K	doesn't fit

MOG on 12 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
Deribit 1000MOG_USDC-PERPETUAL	−0.4668%	1h	0.0000001214	−0.123%	$32K	$30K	10x	as long as short
Binance 1000000MOGUSDT	+0.0100%	4h	0.0000001214	−0.128%	$1.2M	$4.1M	50x	as long as short
Bybit 1000000MOGUSDTlong	+0.0100%	4h	0.0000001215	long leg	$1.7M	$2.4M	50x
Gate MOG_USDT	+0.0100%	4h	0.0000001213	−0.206%	$447K	$351K	25x	as long as short
MEXC 1000000MOG_USDTshort	+0.0100%	4h	0.0000001214	−0.123%	$701K	$238K	100x
Bitget 1000000MOGUSDT	+0.0100%	4h	0.0000001214	−0.123%	$341K	$161K	50x	as long as short
Variational Omni 1000000MOG	+0.0100%	4h	0.0000001218	+0.188%	$7K	$14K	—	as long as short
Coinbase International 1000MOG-PERP-INTX	+0.0104%	1h	0.0000001221	+0.452%	$67K	$10K	25x	as long as short
BloFin 1000000MOG-USDT	+0.0153%	4h	0.0000001214	−0.123%	$76K	$22K	50x	as long as short
BingX 1000000MOG-USDT	+0.0200%	4h	0.0000001216	+0.041%	—	$1.4M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_MOGUSD	+0.0228%	1h	0.0000001211	−0.346%	$48K	$41K	10x	as long as short
KuCoin 1000000MOGUSDTM	+0.1112%	4h	0.0000001219	+0.288%	$669K	$156K	30x	as long as short