Funding you earn now, next payment 04:00 UTC+0.0934%/8h= +102.3% APRnext payment +$4.67 per $10,000 · paid last 24h +0.072%
Price spread now: MEXC against Bybit−0.056%7-day average +0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$321as in the Funding arb table
Net, price: spread back to 7d avg − costs−$360as in the Price arb table
costs, in and out, $10k−$3453.448% of the position
Funding, last 7 days+0.237%+$24 on $10k
+Price spread, last 4 days (all we have)+0.236%+$24 · spread now −0.056%, 7d avg +0.093%
=Funding pays, the price is against you. MEXC is 0.149% cheaper against Bybit than usual: you would sell low and buy high (spread −0.056% now, against its 7-day average of +0.093%). If the spread goes back, that is −$15 on $10k: about 13 hours of funding at the current rate (+$28 a day). At the pace of the last 7 days (+0.237% in total) that is about 4.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.237% in total (about 12.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.67 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NOMUSDT | 0.001786 | 0.0100 | pay 0.0050% / 4h | 3h 38m | $668K | $232K | 25x |
| Short | MEXC NOM_USDT | 0.001785 | 0.1034 | get 0.0517% / 4h | 3h 38m | $406K | $187K | 20x |
Bybit NOMUSDT
MEXC NOM_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
- $196.14
- Price spread: −0.056% → +0.093%
- −$14.9
- Slippage, 4 orders
- −$329.85
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$163.61
- Costs to cover
- 3.448%
- Break-even
- 12.8 days
Slippage from Bybit: live order book, 27 min ago; MEXC: live order book, 17 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, 27 min ago | 8.40 bp | 191.4 bp −$191 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 17 min ago | 2.79 bp | 12.9 bp −$13 | 58.6 bp −$586 | 245.3 bp −$24.5K | doesn't fit |
NOM on 7 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 NOMUSDTlong | +0.0100% | 4h | 0.001786 | long leg | $668K | $232K | 25x | |
| Gate NOM_USDT | +0.0100% | 4h | 0.001786 | 0.000% | $208K | $34K | 10x | as long as short |
| KuCoin NOMUSDTM | +0.0100% | 4h | 0.001785 | −0.056% | $461K | $81K | 20x | as long as short |
| Aster NOMUSDT | +0.0852% | 4h | 0.001789 | +0.173% | $6K | $4K | 5x | as long as short |
| BloFin NOM-USDT | +0.1014% | 4h | 0.001786 | 0.000% | $319K | $11K | 20x | as long as short |
| Binance NOMUSDT | +0.1021% | 4h | 0.001788 | +0.112% | $3.4M | $3.0M | 10x | as long as short |
| MEXC NOM_USDTshort | +0.1034% | 4h | 0.001785 | −0.056% | $406K | $187K | 20x |
Gate NOM_USDT
KuCoin NOMUSDTM
Aster NOMUSDT
BloFin NOM-USDT
Binance NOMUSDT