Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against MEXC−0.318%7-day average −0.181% · you buy dearer than you sell
Net, funding: paid 7d − costs−$164as in the Funding arb table
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$1641.642% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.080%+$8 · spread now −0.318%, 7d avg −0.181%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.137% cheaper against MEXC than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.181%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ORDER_USDT | 0.04092 | 0.0100 | pay 0.0050% / 4h | 2h 07m | $276K | $101K | 20x |
| Short | Bybit ORDERUSDT | 0.04079 | 0.0100 | get 0.0100% / 8h | 6h 07m | $1.3M | $717K | 20x |
MEXC ORDER_USDT
Bybit ORDERUSDTFunding 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: −0.318% → −0.181%
- −$13.71
- Slippage, 4 orders
- −$149.16
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$177.86
- Costs to cover
- 1.642%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 42 min ago; Bybit: live order book, 3 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, 42 min ago | 4.99 bp | 19.5 bp −$19 | 75.7 bp −$757 | 250.1 bp −$25.0K | doesn't fit |
| Sell Bybit live order book, 3 min ago | 4.92 bp | 56.1 bp −$56 | 231.9 bp −$2,319 | doesn't fit | doesn't fit |
ORDER 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ORDERUSDT | +0.0100% | 4h | 0.04093 | +0.024% | $1.4M | $1.8M | 50x | as long as short |
| Bybit ORDERUSDTshort | +0.0100% | 8h | 0.04079 | −0.318% | $1.3M | $717K | 20x | |
| OKX ORDER-USDT-SWAP | +0.0100% | 4h | 0.04089 | −0.073% | $167K | $321K | 20x | as long as short |
| Gate ORDER_USDT | +0.0100% | 4h | 0.04083 | −0.220% | $77K | $69K | 20x | as long as short |
| MEXC ORDER_USDTlong | +0.0100% | 4h | 0.04092 | long leg | $276K | $101K | 20x | |
| KuCoin ORDERUSDTM | +0.0100% | 4h | 0.04083 | −0.220% | $229K | $92K | 30x | as long as short |
| Bitget ORDERUSDT | +0.0100% | 4h | 0.04087 | −0.122% | $489K | $236K | 20x | as long as short |
| BingX ORDER-USDT | +0.0100% | 4h | 0.04086 | −0.147% | — | $1.3M | — | as long as short |
| Variational Omni ORDER | +0.0100% | 8h | 0.04067 | −0.604% | $10K | $2K | — | as long as short |
| Orderly PERP_ORDER_USDC | +0.0747% | 4h | 0.04082 | −0.244% | $193K | $201K | 10x | as long as short |
Binance ORDERUSDT
OKX ORDER-USDT-SWAP
Gate ORDER_USDT
KuCoin ORDERUSDTM
Bitget ORDERUSDT
BingX ORDER-USDT
Variational Omni ORDER
Orderly PERP_ORDER_USDC