Funding you earn now, next payment 04:00 UTC+0.1026%/8h= +112.4% APRnext payment +$5.13 per $10,000 · paid last 24h −0.080%
Price spread now: Bybit against MEXC−0.070%7-day average −0.118% · you buy dearer than you sell
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1171.169% of the position
Funding, last 7 days−0.367%−$37 on $10k
+Price spread, last 4 days (all we have)−0.221%−$22 · spread now −0.070%, 7d avg −0.118%
=Both sides work for this trade now. Funding pays +$31 a day on $10k at the current rate, and Bybit is 0.048% dearer against MEXC than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.118%. Mind the row above: over the last 7 days funding on this pair cost −0.367%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.367% in total (about -19.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.13 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC 1000RATS_USDT | 0.00004295 | 0.0870 | pay 0.0435% / 4h | 1m 23s | $811K | $167K | 125x |
| Short | Bybit 1000RATSUSDT | 0.00004292 | 0.1896 | get 0.0948% / 4h | 1m 23s | $4.3M | $976K | 20x |
MEXC 1000RATS_USDT
Bybit 1000RATSUSDTFunding 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
- $215.54
- Price spread: −0.070% → −0.118%
- $4.77
- Slippage, 4 orders
- −$101.93
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $103.37
- Costs to cover
- 1.169%
- Break-even
- 3.6 days
Slippage from MEXC: live order book, 49 min ago; Bybit: 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 MEXC live order book, 49 min ago | 1.18 bp | 21.1 bp −$21 | 69.4 bp −$694 | 237.8 bp −$23.8K | 445.2 bp −$222.6K |
| Sell Bybit live order book, 1 min ago | 8.17 bp | 37.5 bp −$37 | 275.8 bp −$2,758 | doesn't fit | doesn't fit |
RATS 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate RATS_USDT | +0.0100% | 4h | 0.00004282 | −0.303% | $2.5M | $455K | 25x | as long as short |
| Bitget 1000RATSUSDT | +0.0270% | 4h | 0.00004297 | +0.047% | $1.6M | $382K | 25x | as long as short |
| BloFin 1000RATS-USDT | +0.0859% | 4h | 0.00004294 | −0.023% | $1.1M | $11K | 40x | as long as short |
| Binance 1000RATSUSDT | +0.0863% | 4h | 0.00004297 | +0.047% | $11.3M | $2.1M | 40x | as long as short |
| MEXC 1000RATS_USDTlong | +0.0870% | 4h | 0.00004295 | long leg | $811K | $167K | 125x | |
| edgeX 1000RATSUSDC | +0.0898% | 4h | 0.00004295 | +0.004% | $34K | $295K | 10x | as long as short |
| KuCoin 1000RATSUSDTM | +0.1390% | 4h | 0.00004284 | −0.256% | $653K | $89K | 30x | as long as short |
| BingX RATS-USDT | +0.1780% | 4h | 0.00004290 | −0.116% | — | $1.3M | — | as long as short |
| Bybit 1000RATSUSDTshort | +0.1896% | 4h | 0.00004292 | −0.070% | $4.3M | $976K | 20x | |
| Aster 1000RATSUSDT | +0.2054% | 4h | 0.00004285 | −0.243% | $20K | $15K | 5x | as long as short |
Gate RATS_USDT
Bitget 1000RATSUSDT
BloFin 1000RATS-USDT
Binance 1000RATSUSDT
edgeX 1000RATSUSDC
KuCoin 1000RATSUSDTM
BingX RATS-USDT
Aster 1000RATSUSDT