Funding you earn now, next payment 08:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.02 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC+0.040%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$211as in the Funding arb table
Net, price: spread back to 7d avg − costs−$207as in the Price arb table
costs, in and out, $10k−$2112.107% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.004%$0 · spread now +0.040%, 7d avg −0.002%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.041% dearer against MEXC than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PEAQ_USDT | 0.03507 | −0.0131 | get 0.0131% / 8h | 1h 34m | $879K | $239K | 100x |
| Short | Bybit PEAQUSDT | 0.03508 | −0.0129 | pay 0.0129% / 8h | 1h 34m | $1.3M | $1.4M | 5x |
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
- $0.46
- Price spread: +0.040% → −0.002%
- $4.14
- Slippage, 4 orders
- −$191.66
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$206.05
- Costs to cover
- 2.107%
- Break-even
- 3172.2 days
Slippage from MEXC: live order book, 56 min ago; Bybit: live order book, 1 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, 56 min ago | 8.58 bp | 30.3 bp −$30 | 106.1 bp −$1,061 | 249.5 bp −$24.9K | doesn't fit |
| Sell Bybit live order book, 1 min ago | 10.70 bp | 78.6 bp −$79 | 1369.1 bp −$13.7K | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni PEAQ | −0.0158% | 8h | 0.03506 | −0.016% | $103K | $77K | — | as long as short |
| MEXC PEAQ_USDTlong | −0.0131% | 8h | 0.03507 | long leg | $879K | $239K | 100x | |
| Bybit PEAQUSDTshort | −0.0129% | 8h | 0.03508 | +0.040% | $1.3M | $1.4M | 5x |
MEXC PEAQ_USDT
Bybit PEAQUSDT
Variational Omni PEAQ