Settings8H · net · $10k
Funding arb · Price arb /

PUNDIX

all PUNDIX markets
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Alert: funding
Alert: spread
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−0.222%7-day average −0.137% · you buy dearer than you sell
Net, funding: paid 7d − costs−$187as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1491.493% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.372%−$37 on $10k
Price spread, last 4 days (all we have)+0.641%+$64 · spread now −0.222%, 7d avg −0.137%
Together, before fees+0.269%+$27 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.084% cheaper against Bybit than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.137%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit PUNDIXUSDT0.11720.0100pay 0.0050% / 4h3h 47m$743K$432K20x
ShortMEXC PUNDIX_USDT0.11690.0100get 0.0050% / 4h3h 47m$2.3M$103K50x

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

Funding earned
$0
Price spread: −0.222% → −0.137%
−$8.44
Slippage, 4 orders
−$134.28
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$157.72
Costs to cover
1.493%
Break-even
never at this rate
Slippage from Bybit: live order book, 48 min ago; MEXC: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 48 min ago3.42 bp49.5 bp −$502455.1 bp −$24.6Kdoesn't fitdoesn't fit
Sell MEXC live order book, 5 min ago1.71 bp28.0 bp −$2869.4 bp −$694181.3 bp −$18.1Kdoesn't fit

PUNDIX on 7 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX PUNDIX-USDT+0.0070%4h0.1170−0.145%$1.2Mas long as short
Binance PUNDIXUSDT+0.0100%4h0.1170−0.205%$1.3M$1.7M50xas long as short
Bybit PUNDIXUSDTlong+0.0100%4h0.1172long leg$743K$432K20x
Gate PUNDIX_USDT+0.0100%4h0.1168−0.341%$37K$11K20xas long as short
MEXC PUNDIX_USDTshort+0.0100%4h0.1169−0.222%$2.3M$103K50x
Bitget PUNDIXUSDT+0.0100%4h0.1169−0.273%$221K$214K20xas long as short
Variational Omni PUNDIX+0.0100%4h0.1173+0.052%$85$39Kas long as short