Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC+0.237%7-day average +0.136% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1511.509% of the position
Funding, last 7 days+0.458%+$46 on $10k
+Price spread, last 4 days (all we have)−0.656%−$66 · spread now +0.237%, 7d avg +0.136%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.101% dearer against MEXC than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.136%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PUNDIX_USDT | 0.1182 | 0.0100 | pay 0.0050% / 4h | 1h 34m | $2.4M | $105K | 50x |
| Short | Bybit PUNDIXUSDT | 0.1184 | 0.0100 | get 0.0050% / 4h | 1h 34m | $754K | $453K | 20x |
MEXC PUNDIX_USDT
Bybit PUNDIXUSDTFunding 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
- $0
- Price spread: +0.237% → +0.136%
- $10.14
- Slippage, 4 orders
- −$135.87
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$140.73
- Costs to cover
- 1.509%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Bybit: live order book, 25 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, 2 min ago | 2.54 bp | 16.1 bp −$16 | 66.0 bp −$660 | 131.1 bp −$13.1K | doesn't fit |
| Sell Bybit live order book, 25 min ago | 2.12 bp | 46.5 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
PUNDIX on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX PUNDIX-USDT | +0.0070% | 4h | 0.1182 | +0.025% | — | $1.2M | — | as long as short |
| Binance PUNDIXUSDT | +0.0100% | 4h | 0.1182 | +0.020% | $1.4M | $1.8M | 50x | as long as short |
| Bybit PUNDIXUSDTshort | +0.0100% | 4h | 0.1184 | +0.237% | $754K | $453K | 20x | |
| Gate PUNDIX_USDT | +0.0100% | 4h | 0.1180 | −0.144% | $37K | $9K | 20x | as long as short |
| MEXC PUNDIX_USDTlong | +0.0100% | 4h | 0.1182 | long leg | $2.4M | $105K | 50x | |
| Bitget PUNDIXUSDT | +0.0100% | 4h | 0.1182 | +0.068% | $238K | $231K | 20x | as long as short |
| Variational Omni PUNDIX | +0.0100% | 4h | 0.1185 | +0.247% | $2K | $59K | — | as long as short |
BingX PUNDIX-USDT
Binance PUNDIXUSDT
Gate PUNDIX_USDT
Bitget PUNDIXUSDT
Variational Omni PUNDIX