Funding you earn now, next payment 08:00 UTC−0.0144%/8h= −15.8% APRnext payment −$0.72 per $10,000 · paid last 24h −0.147%
Price spread now: Bybit against MEXC−0.053%7-day average −0.199% · you buy dearer than you sell
Net, funding: paid 7d − costs−$448as in the Funding arb table
Net, price: spread back to 7d avg − costs−$394as in the Price arb table
costs, in and out, $10k−$4094.087% of the position
Funding, last 7 days−0.394%−$39 on $10k
+Price spread, last 7 days+0.038%+$4 · spread now −0.053%, 7d avg −0.199%
=The price spread pays, funding is against you. Bybit is 0.146% dearer against MEXC than usual: you sell high and buy low (spread −0.053% now, against its 7-day average of −0.199%): +$15 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC NAORIS_USDT | 0.03755 | 0.0244 | pay 0.0122% / 4h | 2h 19m | $4.4M | $216K | 100x |
| Short | Bybit NAORISUSDT | 0.03753 | 0.0100 | get 0.0050% / 4h | 2h 19m | $1.1M | $457K | 20x |
Funding 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
- −$30.24
- Price spread: −0.053% → −0.199%
- $14.57
- Slippage, 4 orders
- −$389.72
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$424.39
- Costs to cover
- 4.087%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Bybit: 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 MEXC live order book, 3 min ago | 18.65 bp | 85.2 bp −$85 | 123.3 bp −$1,233 | 162.1 bp −$16.2K | doesn't fit |
| Sell Bybit live order book, 1 min ago | 12.00 bp | 116.4 bp −$116 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NAORISUSDTshort | +0.0100% | 4h | 0.03753 | −0.053% | $1.1M | $457K | 20x | |
| Gate NAORIS_USDT | +0.0100% | 4h | 0.03743 | −0.320% | $291K | $14K | 20x | as long as short |
| Bitget NAORISUSDT | +0.0100% | 4h | 0.03767 | +0.320% | $3.4M | $219K | 10x | as long as short |
| Variational Omni NAORIS | +0.0100% | 4h | 0.03748 | −0.191% | $77K | $24K | — | as long as short |
| Aster NAORISUSDT | +0.0101% | 4h | 0.03748 | −0.190% | $5K | $5K | 5x | as long as short |
| Extended NAORIS-USD | +0.0232% | 1h | 0.03751 | −0.119% | $7K | $151K | 5x | as long as short |
| Binance NAORISUSDT | +0.0234% | 4h | 0.03754 | −0.039% | $5.0M | $1.2M | 10x | as long as short |
| MEXC NAORIS_USDTlong | +0.0244% | 4h | 0.03755 | long leg | $4.4M | $216K | 100x | |
| BingX NAORIS-USDT | +0.0264% | 4h | 0.03754 | −0.027% | — | $1.3M | — | as long as short |
| BloFin NAORIS-USDT | +0.0298% | 4h | 0.03756 | +0.027% | $291K | $10K | 10x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NAORISUSDTM | +0.0422% | 4h | 0.03744 | −0.293% | $440K | $28K | 10x | as long as short |
MEXC NAORIS_USDT
Bybit NAORISUSDT
Gate NAORIS_USDT
Bitget NAORISUSDT
Variational Omni NAORIS
Aster NAORISUSDT
Extended NAORIS-USD
Binance NAORISUSDT
BingX NAORIS-USDT
BloFin NAORIS-USDT
KuCoin NAORISUSDTM