Funding you earn now, next payment 04:00 UTC−0.0087%/8h= −9.5% APRnext payment −$0.43 per $10,000 · paid last 24h +0.001%
Price spread now: Bybit against MEXC−0.036%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$677as in the Funding arb table
Net, price: spread back to 7d avg − costs−$654as in the Price arb table
costs, in and out, $10k−$6536.531% of the position
Funding, last 7 days−0.244%−$24 on $10k
+Price spread, last 4 days (all we have)+0.556%+$56 · spread now −0.036%, 7d avg −0.026%
=The price spread sits at its 7-day average of −0.026%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC O_USDT | 0.5619 | 0.0470 | pay 0.0235% / 4h | 3m 19s | $970K | $178K | 50x |
| Short | Bybit OUSDT | 0.5617 | 0.0383 | get 0.0192% / 4h | 3m 19s | $718K | $937K | 20x |
MEXC O_USDT
Bybit OUSDTFunding 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
- −$18.19
- Price spread: −0.036% → −0.026%
- −$0.99
- Slippage, 4 orders
- −$634.1
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$672.29
- Costs to cover
- 6.531%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 48 min ago; Bybit: live order book, 52 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, 48 min ago | 1.80 bp | 12.9 bp −$13 | 71.0 bp −$710 | 449.7 bp −$45.0K | doesn't fit |
| Sell Bybit live order book, 52 min ago | 8.07 bp | 294.7 bp −$295 | doesn't fit | doesn't fit | doesn't fit |
O on 11 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 OUSDT | +0.0100% | 4h | 0.5609 | −0.171% | $20K | $50K | 3x | as long as short |
| Gate O_USDT | +0.0100% | 4h | 0.5614 | −0.089% | $1.5M | $543K | 20x | as long as short |
| Bitget OUSDT | +0.0100% | 4h | 0.5624 | +0.089% | $1.6M | $327K | 10x | as long as short |
| Variational Omni O | +0.0100% | 4h | 0.5608 | −0.204% | $3K | $518 | — | as long as short |
| Binance OUSDT | +0.0163% | 4h | 0.5619 | −0.002% | $4.8M | $2.0M | 10x | as long as short |
| KuCoin OUSDTM | +0.0340% | 4h | 0.5617 | −0.036% | $1.3M | $676K | 20x | as long as short |
| Bybit OUSDTshort | +0.0383% | 4h | 0.5617 | −0.036% | $718K | $937K | 20x | |
| BloFin O-USDT | +0.0452% | 4h | 0.5611 | −0.142% | $240K | $6K | 20x | as long as short |
| OKX O-USDT-SWAP | +0.0466% | 4h | 0.5622 | +0.053% | $1.5M | $1.1M | 10x | as long as short |
| MEXC O_USDTlong | +0.0470% | 4h | 0.5619 | long leg | $970K | $178K | 50x |
Aster OUSDT
Gate O_USDT
Bitget OUSDT
Variational Omni O
Binance OUSDT
KuCoin OUSDTM
BloFin O-USDT
OKX O-USDT-SWAPShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX O-USDT | +0.0476% | 4h | 0.5620 | +0.018% | — | $1.6M | — | as long as short |
BingX O-USDT