Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bybit−0.040%7-day average −0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$337as in the Funding arb table
Net, price: spread back to 7d avg − costs−$341as in the Price arb table
costs, in and out, $10k−$3453.454% of the position
Funding, last 7 days+0.085%+$9 on $10k
+Price spread, last 4 days (all we have)+0.013%+$1 · spread now −0.040%, 7d avg −0.085%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.045% dearer against Bybit than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.085%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PORTALUSDT | 0.02003 | 0.0100 | pay 0.0050% / 4h | 47m 31s | $1.3M | $587K | 20x |
| Short | MEXC PORTAL_USDT | 0.02002 | 0.0100 | get 0.0050% / 4h | 47m 31s | $1.0M | $337K | 50x |
Bybit PORTALUSDT
MEXC PORTAL_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
- Price spread: −0.040% → −0.085%
- $4.54
- Slippage, 4 orders
- −$330.44
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$340.89
- Costs to cover
- 3.454%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; MEXC: 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 Bybit live order book, 1 min ago | 3.25 bp | 191.2 bp −$191 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 2.50 bp | 13.8 bp −$14 | 105.6 bp −$1,056 | 334.2 bp −$33.4K | 607.2 bp −$303.6K |
PORTAL on 9 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster PORTALUSDT | +0.0100% | 4h | 0.02001 | −0.090% | $9K | $26K | 5x | as long as short |
| Binance PORTALUSDT | +0.0100% | 4h | 0.02002 | −0.040% | $3.3M | $4.1M | 10x | as long as short |
| Bybit PORTALUSDTlong | +0.0100% | 4h | 0.02003 | long leg | $1.3M | $587K | 20x | |
| MEXC PORTAL_USDTshort | +0.0100% | 4h | 0.02002 | −0.040% | $1.0M | $337K | 50x | |
| BingX PORTAL-USDT | +0.0100% | 4h | 0.02002 | −0.040% | — | $1.3M | — | as long as short |
| Variational Omni PORTAL | +0.0100% | 4h | 0.01996 | −0.336% | $1K | $201 | — | as long as short |
| BloFin PORTAL-USDT | +0.0125% | 4h | 0.01995 | −0.389% | $211K | $18K | 10x | as long as short |
| Kraken Futures PF_PORTALUSD | +0.0336% | 1h | 0.02003 | +0.024% | $32K | $142K | 10x | as long as short |
| KuCoin PORTALUSDTM | +0.0546% | 4h | 0.01998 | −0.240% | $337K | $71K | 10x | as long as short |
Aster PORTALUSDT
Binance PORTALUSDT
BingX PORTAL-USDT
Variational Omni PORTAL
BloFin PORTAL-USDT
Kraken Futures PF_PORTALUSD
KuCoin PORTALUSDTM