Settings8H · net · $10k
Funding arb · Price arb /

SAFE

all SAFE markets
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Alert: funding
Alert: spread
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: MEXC against Bybit+0.222%7-day average +0.255% · you sell dearer than you buy
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1561.556% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.023%+$2 on $10k
Price spread, last 4 days (all we have)+0.063%+$6 · spread now +0.222%, 7d avg +0.255%
Together, before fees+0.086%+$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.032% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.255%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SAFEUSDT0.10800.0100pay 0.0050% / 4h2h 05m$1.3M$635K25x
ShortMEXC SAFE_USDT0.10820.0100get 0.0050% / 4h2h 05m$394K$131K100x

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

Funding earned
$0
Price spread: +0.222% → +0.255%
−$3.22
Slippage, 4 orders
−$140.59
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$158.81
Costs to cover
1.556%
Break-even
never at this rate
Slippage from Bybit: live order book, just now; MEXC: live order book, 45 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, just now4.17 bp65.9 bp −$66218.0 bp −$2,180doesn't fitdoesn't fit
Sell MEXC live order book, 45 min ago4.62 bp9.3 bp −$966.6 bp −$666508.0 bp −$50.8Kdoesn't fit

SAFE on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SAFE/USDC PERP+0.0033%1h0.1002−7.179%$9$19K5.5xas long as short
Binance SAFEUSDT+0.0100%4h0.1083+0.293%$1.1M$2.1M50xas long as short
Bybit SAFEUSDTlong+0.0100%4h0.1080long leg$1.3M$635K25x
MEXC SAFE_USDTshort+0.0100%4h0.1082+0.222%$394K$131K100x
Bitget SAFEUSDT+0.0100%4h0.1081+0.139%$396K$266K50xas long as short
BingX SAFE-USDT+0.0100%4h0.1081+0.167%$6.5Mas long as short
Variational Omni SAFE+0.0100%4h0.1079−0.036%$3K$3Kas long as short
Gate SAFE_USDT+0.0424%4h0.1082+0.232%$705K$70K50xas long as short