Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.5% APRnext payment +$0.04 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bybit−0.073%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$226as in the Funding arb table
Net, price: spread back to 7d avg − costs−$233as in the Price arb table
costs, in and out, $10k−$2262.262% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.023%−$2 · spread now −0.073%, 7d avg −0.001%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.072% cheaper against Bybit than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PEAQUSDT | 0.03562 | −0.0241 | get 0.0241% / 8h | 3h 49m | $1.3M | $1.5M | 5x |
| Short | MEXC PEAQ_USDT | 0.03559 | −0.0237 | pay 0.0237% / 8h | 3h 49m | $908K | $239K | 100x |
Bybit PEAQUSDT
MEXC PEAQ_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
- $0.9
- Price spread: −0.073% → −0.001%
- −$7.21
- Slippage, 4 orders
- −$207.24
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$232.55
- Costs to cover
- 2.262%
- Break-even
- 1822.4 days
Slippage from Bybit: live order book, 1 min ago; MEXC: live order book, 51 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, 1 min ago | 3.65 bp | 68.1 bp −$68 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 51 min ago | 12.69 bp | 32.1 bp −$32 | 113.1 bp −$1,131 | 472.1 bp −$47.2K | doesn't fit |
PEAQ on 3 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 PEAQUSDTlong | −0.0241% | 8h | 0.03562 | long leg | $1.3M | $1.5M | 5x | |
| MEXC PEAQ_USDTshort | −0.0237% | 8h | 0.03559 | −0.073% | $908K | $239K | 100x | |
| Variational Omni PEAQ | −0.0222% | 8h | 0.03563 | +0.029% | $102K | $73K | — | as long as short |
Variational Omni PEAQ