Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bybit−0.428%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$185as in the Price arb table
costs, in and out, $10k−$1501.498% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.388%+$39 · spread now −0.428%, 7d avg −0.078%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.350% cheaper against Bybit than usual: you would sell low and buy high, −$35 on $10k if it goes back to its 7-day average of −0.078%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NILUSDT | 0.07716 | 0.0100 | pay 0.0050% / 4h | 46m 53s | $4.3M | $10.8M | 20x |
| Short | MEXC NIL_USDT | 0.07683 | 0.0100 | get 0.0050% / 4h | 46m 53s | $2.4M | $3.2M | 100x |
Bybit NILUSDT
MEXC NIL_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
- $0
- Price spread: −0.428% → −0.078%
- −$34.98
- Slippage, 4 orders
- −$134.78
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$184.76
- Costs to cover
- 1.498%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; MEXC: 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 Bybit live order book, 1 min ago | 4.57 bp | 48.3 bp −$48 | 183.7 bp −$1,837 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 1.96 bp | 29.9 bp −$30 | 110.8 bp −$1,108 | 290.1 bp −$29.0K | 518.0 bp −$259.0K |
NIL 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin NIL-USDT | +0.0093% | 4h | 0.07641 | −0.972% | $376K | $98K | 50x | as long as short |
| Aster NILUSDT | +0.0100% | 4h | 0.07704 | −0.161% | $33K | $292K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.07698 | −0.233% | $6.0M | $54.3M | 50x | as long as short |
| Bybit NILUSDTlong | +0.0100% | 4h | 0.07716 | long leg | $4.3M | $10.8M | 20x | |
| MEXC NIL_USDTshort | +0.0100% | 4h | 0.07683 | −0.428% | $2.4M | $3.2M | 100x | |
| Bitget NILUSDT | +0.0100% | 4h | 0.07698 | −0.233% | $2.1M | $6.6M | 50x | as long as short |
| BingX NIL-USDT | +0.0100% | 4h | 0.07701 | −0.194% | — | $8.1M | — | as long as short |
| Variational Omni NIL | +0.0100% | 4h | 0.07687 | −0.376% | $190K | $250K | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.07678 | −0.494% | $23K | $189K | 5x | as long as short |
| KuCoin NILUSDTM | +0.0160% | 4h | 0.07683 | −0.428% | $588K | $559K | 30x | as long as short |
BloFin NIL-USDT
Aster NILUSDT
Binance NILUSDT
Bitget NILUSDT
BingX NIL-USDT
Variational Omni NIL
Extended NIL-USD
KuCoin NILUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NIL_USDT | +0.0170% | 4h | 0.07706 | −0.130% | $492K | $1.4M | 50x | as long as short |
| Hyperliquid NIL | +0.1610% | 1h | 0.07703 | −0.167% | $5.0M | $4.6M | 3x | as long as short |
Gate NIL_USDT
Hyperliquid NIL