PTB

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.34 per $10,000 · paid last 24h +0.078%

Price spread now: MEXC against Bybit+0.044%7-day average +0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs−$390as in the Funding arb table

Net, price: spread back to 7d avg − costs−$363as in the Price arb table

costs, in and out, $10k−$3633.634% of the position

Long on Bybit Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.266%−$27 on $10k

Price spread, last 7 days+0.015%+$2 · spread now +0.044%, 7d avg +0.036%

Together, before fees−0.250%−$25 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.036%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.266%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit PTBUSDT	0.001140	0.0100	pay 0.0050% / 4h	1h 14m	$1.8M	$24.2M	25x
Short	MEXC PTB_USDT	0.001141	0.0168	get 0.0084% / 4h	1h 14m	$371K	$1.1M	20x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee MEXCbpOrdersPrice spread, now +0.044%Rate

Funding earned: $14.28
Price spread: +0.044% → +0.036%: $0.75
Slippage, 4 orders: −$344.36
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$348.32
Costs to cover: 3.634%
Break-even: 177.7 days

Slippage from Bybit: live order book, 4 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, 4 min ago	4.38 bp	119.9 bp −$120	623.5 bp −$6,235	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	2.19 bp	27.4 bp −$27	70.4 bp −$704	254.7 bp −$25.5K	doesn't fit

PTB 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
Bybit PTBUSDTlong	+0.0100%	4h	0.001140	long leg	$1.8M	$24.2M	25x
Variational Omni PTB	+0.0100%	4h	0.001143	+0.239%	$33K	$91K	—	as long as short
Binance PTBUSDT	+0.0167%	4h	0.001141	+0.048%	$8.2M	$155.5M	20x	as long as short
Extended kPTB-USD	+0.0168%	1h	0.001140	+0.025%	$4K	$42K	5x	as long as short
MEXC PTB_USDTshort	+0.0168%	4h	0.001141	+0.044%	$371K	$1.1M	20x
BloFin PTB-USDT	+0.0180%	4h	0.001140	+0.035%	$478K	$779K	20x	as long as short
BingX PTB-USDT	+0.0182%	4h	0.001140	+0.026%	—	$2.3M	—	as long as short
Aster PTBUSDT	+0.0384%	4h	0.001136	−0.366%	$93K	$935K	5x	as long as short
KuCoin PTBUSDTM	+0.0398%	4h	0.001138	−0.158%	$1.7M	$7.8M	20x	as long as short
Gate PTB_USDT	+0.0796%	4h	0.001135	−0.412%	$1.9M	$6.3M	25x	as long as short