Funding you earn now, next payment 04:00 UTC−0.0572%/8h= −62.6% APRnext payment −$2.86 per $10,000 · paid last 24h −0.072%
Price spread now: Bybit against MEXC−0.166%7-day average −0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$576as in the Funding arb table
Net, price: spread back to 7d avg − costs−$560as in the Price arb table
costs, in and out, $10k−$5535.527% of the position
Funding, last 7 days−0.237%−$24 on $10k
+Price spread, last 4 days (all we have)+0.006%+$1 · spread now −0.166%, 7d avg −0.093%
=Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Bybit is 0.073% cheaper against MEXC than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.093%). Swap the legs.
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 −$2.86 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 | MEXC NOM_USDT | 0.001808 | 0.0672 | pay 0.0336% / 4h | 2h 06m | $406K | $202K | 20x |
| Short | Bybit NOMUSDT | 0.001805 | 0.0100 | get 0.0050% / 4h | 2h 06m | $674K | $241K | 25x |
MEXC NOM_USDT
Bybit NOMUSDTFunding 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
- −$120.12
- Price spread: −0.166% → −0.093%
- −$7.27
- Slippage, 4 orders
- −$537.68
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$680.07
- Costs to cover
- 5.527%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 44 min ago; Bybit: live order book, 53 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, 44 min ago | 2.79 bp | 16.4 bp −$16 | 91.4 bp −$914 | 268.9 bp −$26.9K | 3088.8 bp −$1.54M |
| Sell Bybit live order book, 53 min ago | 8.37 bp | 266.9 bp −$267 | doesn't fit | doesn't fit | doesn't fit |
NOM on 6 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 NOMUSDTshort | +0.0100% | 4h | 0.001805 | −0.166% | $674K | $241K | 25x | |
| Gate NOM_USDT | +0.0100% | 4h | 0.001804 | −0.221% | $209K | $37K | 10x | as long as short |
| KuCoin NOMUSDTM | +0.0100% | 4h | 0.001807 | −0.055% | $470K | $85K | 20x | as long as short |
| Aster NOMUSDT | +0.0502% | 4h | 0.001807 | −0.063% | $7K | $4K | 5x | as long as short |
| Binance NOMUSDT | +0.0632% | 4h | 0.001807 | −0.030% | $3.4M | $3.2M | 10x | as long as short |
| MEXC NOM_USDTlong | +0.0672% | 4h | 0.001808 | long leg | $406K | $202K | 20x |
Gate NOM_USDT
KuCoin NOMUSDTM
Aster NOMUSDT
Binance NOMUSDT