Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC+0.225%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1531.530% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.193%−$19 · spread now +0.225%, 7d avg +0.072%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.153% dearer against MEXC than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of +0.072%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC NIL_USDT | 0.07106 | 0.0100 | pay 0.0050% / 4h | 53m 15s | $2.4M | $4.3M | 100x |
| Short | Bybit NILUSDT | 0.07122 | 0.0100 | get 0.0050% / 4h | 53m 15s | $3.9M | $13.9M | 20x |
MEXC NIL_USDT
Bybit NILUSDTFunding 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
- $0
- Price spread: +0.225% → +0.072%
- $15.28
- Slippage, 4 orders
- −$138.02
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$137.74
- Costs to cover
- 1.530%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; Bybit: 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 MEXC live order book, 4 min ago | 1.40 bp | 32.5 bp −$33 | 145.1 bp −$1,451 | 313.2 bp −$31.3K | 623.3 bp −$311.6K |
| Sell Bybit live order book, 5 min ago | 2.81 bp | 40.5 bp −$41 | 176.2 bp −$1,762 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NILUSDT | +0.0100% | 4h | 0.07114 | +0.118% | $23K | $324K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.07118 | +0.169% | $5.5M | $75.2M | 50x | as long as short |
| Bybit NILUSDTshort | +0.0100% | 4h | 0.07122 | +0.225% | $3.9M | $13.9M | 20x | |
| Gate NIL_USDT | +0.0100% | 4h | 0.07119 | +0.183% | $462K | $1.9M | 50x | as long as short |
| MEXC NIL_USDTlong | +0.0100% | 4h | 0.07106 | long leg | $2.4M | $4.3M | 100x | |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.07122 | +0.225% | $593K | $712K | 30x | as long as short |
| Bitget NILUSDT | +0.0100% | 4h | 0.07117 | +0.155% | $1.8M | $8.4M | 50x | as long as short |
| BingX NIL-USDT | +0.0100% | 4h | 0.07106 | 0.000% | — | $8.4M | — | as long as short |
| Variational Omni NIL | +0.0103% | 4h | 0.07152 | +0.645% | $184K | $280K | — | as long as short |
| BloFin NIL-USDT | +0.0103% | 4h | 0.07113 | +0.099% | $365K | $128K | 50x | as long as short |
Aster NILUSDT
Binance NILUSDT
Gate NIL_USDT
KuCoin NILUSDTM
Bitget NILUSDT
BingX NIL-USDT
Variational Omni NIL
BloFin NIL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended NIL-USD | +0.0104% | 1h | 0.07118 | +0.163% | $22K | $91K | 5x | as long as short |
| Hyperliquid NIL | +0.0991% | 1h | 0.07131 | +0.346% | $4.5M | $4.6M | 3x | as long as short |
Extended NIL-USD
Hyperliquid NIL