Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.057%
Price spread now: Bybit against MEXC+0.106%7-day average +0.185% · you sell dearer than you buy
Net, funding: paid 7d − costs−$195as in the Funding arb table
Net, price: spread back to 7d avg − costs−$212as in the Price arb table
costs, in and out, $10k−$2042.039% of the position
Funding, last 7 days+0.087%+$9 on $10k
+Price spread, last 4 days (all we have)−0.033%−$3 · spread now +0.106%, 7d avg +0.185%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.079% cheaper against MEXC than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.185%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC OG_USDT | 2.8380 | 0.0100 | pay 0.0050% / 4h | 1h 15m | $765K | $231K | 50x |
| Short | Bybit OGUSDT | 2.8410 | 0.0100 | get 0.0100% / 8h | 5h 15m | $532K | $175K | 13x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.106% → +0.185%
- −$7.89
- Slippage, 4 orders
- −$188.93
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$211.82
- Costs to cover
- 2.039%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 40 min ago; Bybit: live order book, 39 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, 40 min ago | 1.77 bp | 14.5 bp −$15 | 87.2 bp −$872 | 164.1 bp −$16.4K | 472.6 bp −$236.3K |
| Sell Bybit live order book, 39 min ago | 7.09 bp | 60.1 bp −$60 | 360.6 bp −$3,606 | doesn't fit | doesn't fit |
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 | 2.8383 | +0.012% | $1.9M | $1.1M | 25x | as long as short |
| Bybit OGUSDTshort | +0.0100% | 8h | 2.8410 | +0.106% | $532K | $175K | 13x | |
| Gate OG_USDT | +0.0100% | 4h | 2.8270 | −0.388% | $97K | $30K | 25x | as long as short |
| MEXC OG_USDTlong | +0.0100% | 4h | 2.8380 | long leg | $765K | $231K | 50x | |
| KuCoin OGUSDTM | +0.0100% | 4h | 2.8373 | −0.025% | $170K | $60K | 25x | as long as short |
| Bitget OGUSDT | +0.0100% | 4h | 2.8377 | −0.011% | $259K | $135K | 20x | as long as short |
| BingX OG-USDT | +0.0100% | 4h | 2.8400 | +0.070% | — | $6.5M | — | as long as short |
| Variational Omni OG | +0.0100% | 8h | 2.8419 | +0.139% | $1K | $262 | — | as long as short |
MEXC OG_USDT
Bybit OGUSDT
Binance OGUSDT
Gate OG_USDT
KuCoin OGUSDTM
Bitget OGUSDT
BingX OG-USDT
Variational Omni OG