Funding you earn now, next payment 08:00 UTC+0.0730%/8h= +79.9% APRnext payment +$3.65 per $10,000 · paid last 24h −0.005%
Price spread now: MEXC against Bybit−0.258%7-day average −0.135% · you buy dearer than you sell
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1331.326% of the position
Funding, last 7 days+0.165%+$16 on $10k
+Price spread, last 4 days (all we have)+0.222%+$22 · spread now −0.258%, 7d avg −0.135%
=Funding pays, the price is against you. MEXC is 0.123% cheaper against Bybit than usual: you would sell low and buy high (spread −0.258% now, against its 7-day average of −0.135%). If the spread goes back, that is −$12 on $10k: about 13 hours of funding at the current rate (+$22 a day). At the pace of the last 7 days (+0.165% in total) that is about 5.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.165% in total (about 8.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.65 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 | Bybit RVNUSDT | 0.002322 | −0.0630 | get 0.0315% / 4h | 22m 54s | $1.1M | $912K | 25x |
| Short | MEXC RVN_USDT | 0.002316 | 0.0100 | get 0.0050% / 4h | 22m 54s | $1.0M | $321K | 125x |
Bybit RVNUSDT
MEXC RVN_USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $153.28
- Price spread: −0.258% → −0.135%
- −$12.3
- Slippage, 4 orders
- −$117.58
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $8.4
- Costs to cover
- 1.326%
- Break-even
- 6.6 days
Slippage from Bybit: live order book, 8 min ago; MEXC: live order book, 3 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, 8 min ago | 4.31 bp | 54.7 bp −$55 | 491.2 bp −$4,912 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 2.16 bp | 9.4 bp −$9 | 40.7 bp −$407 | 249.1 bp −$24.9K | doesn't fit |
RVN 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin RVNUSDTM | −0.0858% | 4h | 0.002332 | +0.431% | $1.4M | $154K | 30x | as long as short |
| BingX RVN-USDT | −0.0779% | 4h | 0.002320 | −0.086% | — | $1.2M | — | as long as short |
| Bybit RVNUSDTlong | −0.0630% | 4h | 0.002322 | long leg | $1.1M | $912K | 25x | |
| Bitget RVNUSDT | −0.0418% | 4h | 0.002314 | −0.345% | $347K | $220K | 50x | as long as short |
| Variational Omni RVN | −0.0033% | 4h | 0.002323 | +0.025% | $17K | $17K | — | as long as short |
| BloFin RVN-USDT | +0.0093% | 4h | 0.002315 | −0.301% | $105K | $11K | 75x | as long as short |
| Binance RVNUSDT | +0.0100% | 4h | 0.002317 | −0.219% | $2.1M | $4.8M | 50x | as long as short |
| OKX RVN-USDT-SWAP | +0.0100% | 4h | 0.002317 | −0.215% | $408K | $837K | 20x | as long as short |
| Gate RVN_USDT | +0.0100% | 8h | 0.002308 | −0.603% | $171K | $43K | 50x | as long as short |
| MEXC RVN_USDTshort | +0.0100% | 4h | 0.002316 | −0.258% | $1.0M | $321K | 125x |
KuCoin RVNUSDTM
BingX RVN-USDT
Bitget RVNUSDT
Variational Omni RVN
BloFin RVN-USDT
Binance RVNUSDT
OKX RVN-USDT-SWAP
Gate RVN_USDT