RED

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0286%/8h= +31.3% APRnext payment +$1.43 per $10,000 · paid last 24h +0.094%

Price spread now: MEXC against Bybit−0.059%7-day average −0.109% · you buy dearer than you sell

Net, funding: paid 7d − costs−$16as in the Funding arb table

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$880.879% of the position

Long on Bybit Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.719%+$72 on $10k

Price spread, last 4 days (all we have)+0.013%+$1 · spread now −0.059%, 7d avg −0.109%

Together, before fees+0.732%+$73 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and MEXC is 0.049% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.109%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit REDUSDT	0.1518	0.0100	pay 0.0050% / 4h	5m 13s	$2.1M	$1.7M	25x
Short	MEXC RED_USDT	0.1517	0.0386	get 0.0193% / 4h	5m 13s	$552K	$178K	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 −0.059%Rate

Funding earned: $60.06
Price spread: −0.059% → −0.109%: $4.95
Slippage, 4 orders: −$72.91
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$22.9
Costs to cover: 0.879%
Break-even: 9.7 days

Slippage from Bybit: live order book, 2 min ago; MEXC: live order book, 65 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, 2 min ago	3.30 bp	32.0 bp −$32	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 65 min ago	3.31 bp	9.4 bp −$9	44.4 bp −$444	203.8 bp −$20.4K	488.9 bp −$244.4K

RED 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
BloFin RED-USDT	+0.0067%	4h	0.1518	−0.007%	$225K	$5K	25x	as long as short
Aster REDUSDT	+0.0100%	4h	0.1519	+0.055%	$26K	$37K	5x	as long as short
Binance REDUSDT	+0.0100%	4h	0.1518	−0.023%	$2.4M	$3.8M	50x	as long as short
Bybit REDUSDTlong	+0.0100%	4h	0.1518	long leg	$2.1M	$1.7M	25x
Gate RED_USDT	+0.0100%	4h	0.1518	+0.007%	$350K	$152K	25x	as long as short
Bitget REDUSDT	+0.0100%	4h	0.1518	+0.007%	$724K	$292K	20x	as long as short
Variational Omni RED	+0.0100%	4h	0.1517	−0.053%	$25K	$3K	—	as long as short
SunX RED-USDT	+0.0100%	4h	0.1554	+2.378%	$2K	$672K	20x	as long as short
Extended RED-USD	+0.0104%	1h	0.1517	−0.044%	$30	—	5x	as long as short
MEXC RED_USDTshort	+0.0386%	4h	0.1517	−0.059%	$552K	$178K	20x