Funding you earn now, next payment 08:00 UTC−0.0006%/8h= −0.7% APRnext payment −$0.06 per $10,000 · paid last 24h +0.001%
Price spread now: MEXC against Bybit+0.139%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$165as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1651.652% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.184%+$18 · spread now +0.139%, 7d avg −0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.146% dearer against Bybit than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PUFFERUSDT | 0.02812 | −0.0314 | get 0.0314% / 8h | 3h 58m | $689K | $2.9M | 5x |
| Short | MEXC PUFFER_USDT | 0.02816 | −0.0320 | pay 0.0320% / 8h | 3h 58m | $200K | $209K | 20x |
Bybit PUFFERUSDT
MEXC PUFFER_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
- −$1.32
- Price spread: +0.139% → −0.007%
- $14.6
- Slippage, 4 orders
- −$150.25
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$151.96
- Costs to cover
- 1.652%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; MEXC: live order book, 40 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, 3 min ago | 3.55 bp | 46.1 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 40 min ago | 5.41 bp | 28.9 bp −$29 | 106.4 bp −$1,064 | 199.0 bp −$19.9K | doesn't fit |
PUFFER 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 PUFFER | −0.0513% | 8h | 0.02819 | +0.228% | $4K | $44K | — | as long as short |
| MEXC PUFFER_USDTshort | −0.0320% | 8h | 0.02816 | +0.139% | $200K | $209K | 20x | |
| Bybit PUFFERUSDTlong | −0.0314% | 8h | 0.02812 | long leg | $689K | $2.9M | 5x |
Variational Omni PUFFER