Funding you earn now, next payment 04:00 UTC+0.0039%/8h= +4.3% APRnext payment +$0.20 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC0.000%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$189as in the Funding arb table
Net, price: spread back to 7d avg − costs−$196as in the Price arb table
costs, in and out, $10k−$1891.891% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.098%+$10 · spread now 0.000%, 7d avg +0.074%
=Funding pays, the price is against you. Bybit is 0.074% cheaper against MEXC than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.074%). If the spread goes back, that is −$7 on $10k: about 6.3 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PIXEL_USDT | 0.005485 | 0.0100 | pay 0.0050% / 4h | 1h 22m | $914K | $207K | 20x |
| Short | Bybit PIXELUSDT | 0.005485 | 0.0139 | get 0.0070% / 4h | 1h 22m | $529K | $200K | 25x |
MEXC PIXEL_USDT
Bybit PIXELUSDTFunding 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
- $8.26
- Price spread: 0.000% → +0.074%
- −$7.39
- Slippage, 4 orders
- −$174.1
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$188.22
- Costs to cover
- 1.891%
- Break-even
- 166.5 days
Slippage from MEXC: live order book, 34 min ago; Bybit: live order book, 33 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, 34 min ago | 1.83 bp | 9.9 bp −$10 | 49.0 bp −$490 | 481.1 bp −$48.1K | doesn't fit |
| Sell Bybit live order book, 33 min ago | 4.57 bp | 88.1 bp −$88 | doesn't fit | doesn't fit | doesn't fit |
PIXEL on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin PIXEL-USDT | +0.0043% | 4h | 0.005461 | −0.438% | $117K | $10K | 50x | as long as short |
| Aster PIXELUSDT | +0.0100% | 4h | 0.005482 | −0.060% | $4K | $4K | 5x | as long as short |
| Binance PIXELUSDT | +0.0100% | 4h | 0.005476 | −0.168% | $1.8M | $1.7M | 25x | as long as short |
| Gate PIXEL_USDT | +0.0100% | 4h | 0.005477 | −0.146% | $154K | $40K | 50x | as long as short |
| MEXC PIXEL_USDTlong | +0.0100% | 4h | 0.005485 | long leg | $914K | $207K | 20x | |
| KuCoin PIXELUSDTM | +0.0100% | 4h | 0.005478 | −0.128% | $360K | $73K | 25x | as long as short |
| Bitget PIXELUSDT | +0.0100% | 4h | 0.005473 | −0.219% | $586K | $404K | 25x | as long as short |
| BingX PIXEL-USDT | +0.0100% | 4h | 0.005479 | −0.109% | — | $1.3M | — | as long as short |
| Variational Omni PIXEL | +0.0100% | 4h | 0.005463 | −0.394% | $1K | $254 | — | as long as short |
| Bybit PIXELUSDTshort | +0.0139% | 4h | 0.005485 | 0.000% | $529K | $200K | 25x |
BloFin PIXEL-USDT
Aster PIXELUSDT
Binance PIXELUSDT
Gate PIXEL_USDT
KuCoin PIXELUSDTM
Bitget PIXELUSDT
BingX PIXEL-USDT
Variational Omni PIXELShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PIXELUSD | +0.2886% | 1h | 0.005507 | +0.405% | $5K | $2K | 10x | as long as short |
Kraken Futures PF_PIXELUSD