Funding you earn now, next payment 04:00 UTC−0.0025%/8h= −2.7% APRpaid last 24h −0.057%
Price spread now: MEXC against Bybit−0.127%7-day average −0.186% · you buy dearer than you sell
Net, funding: paid 7d − costs−$269as in the Funding arb table
Net, price: spread back to 7d avg − costs−$254as in the Price arb table
costs, in and out, $10k−$2602.602% of the position
Funding, last 7 days−0.088%−$9 on $10k
+Price spread, last 4 days (all we have)−0.009%−$1 · spread now −0.127%, 7d avg −0.186%
=The price spread pays, funding is against you. MEXC is 0.059% dearer against Bybit than usual: you sell high and buy low (spread −0.127% now, against its 7-day average of −0.186%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit OGUSDT | 2.8356 | 0.0125 | pay 0.0125% / 8h | 7h 39m | $539K | $176K | 13x |
| Short | MEXC OG_USDT | 2.8320 | 0.0100 | get 0.0050% / 4h | 3h 39m | $777K | $225K | 50x |
Bybit OGUSDT
MEXC OG_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
- −$5.23
- Price spread: −0.127% → −0.186%
- $5.93
- Slippage, 4 orders
- −$245.19
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$259.49
- Costs to cover
- 2.602%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 25 min ago; MEXC: live order book, 26 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, 25 min ago | 5.31 bp | 161.5 bp −$162 | 955.6 bp −$9,556 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 26 min ago | 3.55 bp | 16.3 bp −$16 | 91.6 bp −$916 | 166.0 bp −$16.6K | 485.4 bp −$242.7K |
OG on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance OGUSDT | +0.0100% | 4h | 2.8316 | −0.140% | $1.9M | $1.1M | 25x | as long as short |
| Gate OG_USDT | +0.0100% | 4h | 2.8260 | −0.339% | $98K | $29K | 25x | as long as short |
| MEXC OG_USDTshort | +0.0100% | 4h | 2.8320 | −0.127% | $777K | $225K | 50x | |
| KuCoin OGUSDTM | +0.0100% | 4h | 2.8348 | −0.028% | $171K | $73K | 25x | as long as short |
| Bitget OGUSDT | +0.0100% | 4h | 2.8314 | −0.148% | $265K | $124K | 20x | as long as short |
| BingX OG-USDT | +0.0100% | 4h | 2.8320 | −0.127% | — | $6.5M | — | as long as short |
| Variational Omni OG | +0.0100% | 8h | 2.8351 | −0.019% | $1K | $241 | — | as long as short |
| Bybit OGUSDTlong | +0.0125% | 8h | 2.8356 | long leg | $539K | $176K | 13x |
Binance OGUSDT
Gate OG_USDT
KuCoin OGUSDTM
Bitget OGUSDT
BingX OG-USDT
Variational Omni OG