NOT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0051%/8h= −5.5% APRnext payment −$0.25 per $10,000 · paid last 24h −0.012%

Price spread now: Bybit against MEXC−0.158%7-day average −0.090% · you buy dearer than you sell

Net, funding: paid 7d − costs−$74as in the Funding arb table

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$760.760% of the position

Long on MEXC Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.016%+$2 on $10k

Price spread, last 7 days+0.139%+$14 · spread now −0.158%, 7d avg −0.090%

Together, before fees+0.155%+$16 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bybit is 0.068% cheaper against MEXC than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.090%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC NOT_USDT	0.0005072	0.0100	pay 0.0050% / 4h	1h 42m	$1.3M	$439K	200x
Short	Bybit NOTUSDT	0.0005064	0.0049	get 0.0025% / 4h	1h 42m	$2.1M	$862K	25x

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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee BybitbpOrdersPrice spread, now −0.158%Rate

Funding earned: −$10.62
Price spread: −0.158% → −0.090%: −$6.77
Slippage, 4 orders: −$61.01
Fee MEXC: 2 bp × 2 orders: −$4
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$93.4
Costs to cover: 0.760%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; Bybit: live order book, 4 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	0.99 bp	9.4 bp −$9	52.6 bp −$526	93.4 bp −$9,336	114.5 bp −$57.3K
Sell Bybit live order book, 4 min ago	3.96 bp	31.5 bp −$32	148.1 bp −$1,481	doesn't fit	doesn't fit

NOT on 16 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
Variational Omni NOT	−0.0346%	4h	0.0005053	−0.372%	$71K	$39K	—	as long as short
KuCoin NOTUSDTM	−0.0192%	4h	0.0005066	−0.118%	$464K	$130K	50x	as long as short
Injective NOT/USDC PERP	+0.0033%	1h	0.0004874	−3.904%	$1K	$13K	5.5x	as long as short
BloFin NOT-USDT	+0.0049%	4h	0.0005069	−0.059%	$112K	$17K	50x	as long as short
Bybit NOTUSDTshort	+0.0049%	4h	0.0005064	−0.158%	$2.1M	$862K	25x
Lighter 1000NOT	+0.0096%	1h	0.0005083	+0.213%	$11K	$4K	3x	as long as short
Hyperliquid NOT	+0.0100%	1h	0.0005070	−0.039%	$370K	$51K	3x	as long as short
Aster NOTUSDT	+0.0100%	4h	0.0005068	−0.069%	$14K	$9K	5x	as long as short
Binance NOTUSDT	+0.0100%	4h	0.0005074	+0.047%	$2.1M	$3.1M	50x	as long as short
OKX NOT-USDT-SWAP	+0.0100%	4h	0.0005071	−0.020%	$634K	$652K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NOT_USDT	+0.0100%	4h	0.0005062	−0.197%	$143K	$68K	50x	as long as short
MEXC NOT_USDTlong	+0.0100%	4h	0.0005072	long leg	$1.3M	$439K	200x
Bitget NOTUSDT	+0.0100%	4h	0.0005068	−0.079%	$672K	$411K	50x	as long as short
BingX NOT-USDT	+0.0100%	4h	0.0005066	−0.118%	—	$8.8M	—	as long as short
Extended kNOT-USD	+0.0104%	1h	0.0005072	−0.001%	$4K	$491	5x	as long as short
Kraken Futures PF_NOTUSD	+0.1950%	1h	0.0005074	+0.049%	$50K	$9K	10x	as long as short