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: Bybit against MEXC+0.113%7-day average +0.109% · you sell dearer than you buy
Net, funding: paid 7d − costs−$231as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1591.592% of the position
Funding, last 7 days−0.719%−$72 on $10k
+Price spread, last 4 days (all we have)−0.066%−$7 · spread now +0.113%, 7d avg +0.109%
=The price spread sits at its 7-day average of +0.109%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC RED_USDT | 0.1511 | 0.0386 | pay 0.0193% / 4h | 30m 07s | $560K | $174K | 20x |
| Short | Bybit REDUSDT | 0.1513 | 0.0100 | get 0.0050% / 4h | 30m 07s | $2.2M | $1.7M | 25x |
MEXC RED_USDT
Bybit REDUSDTFunding 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
- −$60.06
- Price spread: +0.113% → +0.109%
- $0.38
- Slippage, 4 orders
- −$144.17
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$218.86
- Costs to cover
- 1.592%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 40 min ago; Bybit: live order book, 2 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, 40 min ago | 3.31 bp | 9.8 bp −$10 | 32.1 bp −$321 | 199.8 bp −$20.0K | 469.1 bp −$234.6K |
| Sell Bybit live order book, 2 min ago | 2.31 bp | 59.4 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster REDUSDT | +0.0100% | 4h | 0.1513 | +0.103% | $26K | $38K | 5x | as long as short |
| Binance REDUSDT | +0.0100% | 4h | 0.1512 | +0.066% | $2.4M | $3.8M | 50x | as long as short |
| Bybit REDUSDTshort | +0.0100% | 4h | 0.1513 | +0.113% | $2.2M | $1.7M | 25x | |
| Gate RED_USDT | +0.0100% | 4h | 0.1514 | +0.199% | $349K | $151K | 25x | as long as short |
| Bitget REDUSDT | +0.0100% | 4h | 0.1512 | +0.066% | $722K | $294K | 20x | as long as short |
| Variational Omni RED | +0.0100% | 4h | 0.1513 | +0.144% | $25K | $3K | — | as long as short |
| SunX RED-USDT | +0.0100% | 4h | 0.1547 | +2.383% | $2K | $668K | 20x | as long as short |
| Extended RED-USD | +0.0104% | 1h | 0.1512 | +0.047% | $30 | — | 5x | as long as short |
| BloFin RED-USDT | +0.0144% | 4h | 0.1513 | +0.146% | $225K | $5K | 25x | as long as short |
| MEXC RED_USDTlong | +0.0386% | 4h | 0.1511 | long leg | $560K | $174K | 20x |
Aster REDUSDT
Binance REDUSDT
Gate RED_USDT
Bitget REDUSDT
Variational Omni RED
SunX RED-USDT
Extended RED-USD
BloFin RED-USDT