Funding you earn now, next payment 04:00 UTC+0.0264%/8h= +28.9% APRnext payment +$1.32 per $10,000 · paid last 24h +0.003%
Price spread now: MEXC against Bybit0.000%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$475as in the Funding arb table
Net, price: spread back to 7d avg − costs−$502as in the Price arb table
costs, in and out, $10k−$5004.997% of the position
Funding, last 7 days+0.248%+$25 on $10k
+Price spread, last 4 days (all we have)−0.112%−$11 · spread now 0.000%, 7d avg +0.026%
=Funding pays, the price is against you. MEXC is 0.026% cheaper against Bybit than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.026%). If the spread goes back, that is −$3 on $10k: about 8 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.248% in total) that is about 17 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit OUSDT | 0.5606 | 0.0100 | pay 0.0050% / 4h | 2h 27m | $706K | $913K | 20x |
| Short | MEXC O_USDT | 0.5606 | 0.0364 | get 0.0182% / 4h | 2h 27m | $968K | $177K | 50x |
Bybit OUSDT
MEXC O_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
- $55.44
- Price spread: 0.000% → +0.026%
- −$2.57
- Slippage, 4 orders
- −$480.72
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$446.84
- Costs to cover
- 4.997%
- Break-even
- 63.4 days
Slippage from Bybit: live order book, 37 min ago; MEXC: live order book, 33 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, 37 min ago | 5.40 bp | 268.9 bp −$269 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 33 min ago | 4.53 bp | 13.1 bp −$13 | 67.8 bp −$678 | 321.2 bp −$32.1K | doesn't fit |
O on 10 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 OUSDTlong | +0.0100% | 4h | 0.5606 | long leg | $706K | $913K | 20x | |
| Gate O_USDT | +0.0100% | 4h | 0.5600 | −0.107% | $1.5M | $494K | 20x | as long as short |
| KuCoin OUSDTM | +0.0100% | 4h | 0.5600 | −0.107% | $1.3M | $757K | 20x | as long as short |
| Bitget OUSDT | +0.0100% | 4h | 0.5606 | 0.000% | $1.6M | $300K | 10x | as long as short |
| Variational Omni O | +0.0100% | 4h | 0.5613 | +0.118% | $3K | $535 | — | as long as short |
| Aster OUSDT | +0.0204% | 4h | 0.5599 | −0.118% | $23K | $46K | 3x | as long as short |
| Binance OUSDT | +0.0313% | 4h | 0.5602 | −0.071% | $4.7M | $1.9M | 10x | as long as short |
| OKX O-USDT-SWAP | +0.0361% | 4h | 0.5607 | +0.018% | $1.5M | $1.1M | 10x | as long as short |
| MEXC O_USDTshort | +0.0364% | 4h | 0.5606 | 0.000% | $968K | $177K | 50x | |
| BingX O-USDT | +0.0400% | 4h | 0.5608 | +0.036% | — | $1.6M | — | as long as short |
Gate O_USDT
KuCoin OUSDTM
Bitget OUSDT
Variational Omni O
Aster OUSDT
Binance OUSDT
OKX O-USDT-SWAP
BingX O-USDT