Funding you earn now, next payment 08:00 UTC+0.0116%/8h= +12.7% APRnext payment +$0.58 per $10,000 · paid last 24h +0.147%
Price spread now: MEXC against Bybit+0.375%7-day average +0.199% · you sell dearer than you buy
Net, funding: paid 7d − costs−$365as in the Funding arb table
Net, price: spread back to 7d avg − costs−$386as in the Price arb table
costs, in and out, $10k−$4044.041% of the position
Funding, last 7 days+0.394%+$39 on $10k
+Price spread, last 7 days−0.360%−$36 · spread now +0.375%, 7d avg +0.199%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and MEXC is 0.176% dearer against Bybit than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.199%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NAORISUSDT | 0.03730 | 0.0100 | pay 0.0050% / 4h | 2h 14m | $1.1M | $457K | 20x |
| Short | MEXC NAORIS_USDT | 0.03744 | 0.0216 | get 0.0108% / 4h | 2h 14m | $4.4M | $216K | 100x |
Bybit NAORISUSDT
MEXC NAORIS_USDTFunding 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
- $24.36
- Price spread: +0.375% → +0.199%
- $17.64
- Slippage, 4 orders
- −$385.07
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$362.07
- Costs to cover
- 4.041%
- Break-even
- 111.0 days
Slippage from Bybit: live order book, 1 min ago; MEXC: live order book, 2 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, 1 min ago | 12.01 bp | 139.5 bp −$139 | 4848.3 bp −$48.5K | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 26.67 bp | 71.6 bp −$72 | 102.5 bp −$1,025 | 128.1 bp −$12.8K | 377.7 bp −$188.8K |
NAORIS on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NAORISUSDT | +0.0100% | 4h | 0.03737 | +0.182% | $5K | $5K | 5x | as long as short |
| Bybit NAORISUSDTlong | +0.0100% | 4h | 0.03730 | long leg | $1.1M | $457K | 20x | |
| Gate NAORIS_USDT | +0.0100% | 4h | 0.03734 | +0.107% | $291K | $14K | 20x | as long as short |
| Bitget NAORISUSDT | +0.0100% | 4h | 0.03737 | +0.188% | $3.3M | $223K | 10x | as long as short |
| Variational Omni NAORIS | +0.0100% | 4h | 0.03746 | +0.426% | $77K | $24K | — | as long as short |
| BloFin NAORIS-USDT | +0.0165% | 4h | 0.03753 | +0.617% | $290K | $10K | 10x | as long as short |
| Binance NAORISUSDT | +0.0213% | 4h | 0.03741 | +0.295% | $5.0M | $1.2M | 10x | as long as short |
| Extended NAORIS-USD | +0.0216% | 1h | 0.03740 | +0.269% | $4K | $154K | 5x | as long as short |
| MEXC NAORIS_USDTshort | +0.0216% | 4h | 0.03744 | +0.375% | $4.4M | $216K | 100x | |
| BingX NAORIS-USDT | +0.0234% | 4h | 0.03741 | +0.295% | — | $1.3M | — | as long as short |
Aster NAORISUSDT
Gate NAORIS_USDT
Bitget NAORISUSDT
Variational Omni NAORIS
BloFin NAORIS-USDT
Binance NAORISUSDT
Extended NAORIS-USD
BingX NAORIS-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NAORISUSDTM | +0.0432% | 4h | 0.03743 | +0.349% | $440K | $28K | 10x | as long as short |
KuCoin NAORISUSDTM