Funding you earn now, next payment 08:00 UTC−0.0022%/8h= −2.4% APRpaid last 24h −0.017%
Price spread now: Bybit against MEXC−0.081%7-day average +0.083% · you buy dearer than you sell
Net, funding: paid 7d − costs−$210as in the Funding arb table
Net, price: spread back to 7d avg − costs−$226as in the Price arb table
costs, in and out, $10k−$2092.094% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 4 days (all we have)+0.426%+$43 · spread now −0.081%, 7d avg +0.083%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.164% cheaper against MEXC than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.083%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SATS_USDT | 0.00000001235 | 0.0122 | pay 0.0122% / 8h | 3h 58m | $375K | $182K | 100x |
| Short | Bybit 10000SATSUSDT | 0.00000001234 | 0.0100 | get 0.0050% / 4h | 3h 58m | $287K | $888K | 13x |
MEXC SATS_USDT
Bybit 10000SATSUSDTFunding 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
- −$4.62
- Price spread: −0.081% → +0.083%
- −$16.42
- Slippage, 4 orders
- −$190.41
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$230.45
- Costs to cover
- 2.094%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 42 min ago; Bybit: live order book, 57 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, 42 min ago | 8.20 bp | 28.8 bp −$29 | 151.3 bp −$1,513 | 295.2 bp −$29.5K | 581.4 bp −$290.7K |
| Sell Bybit live order book, 57 min ago | 6.10 bp | 73.8 bp −$74 | doesn't fit | doesn't fit | doesn't fit |
SATS on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance 1000SATSUSDT | +0.0100% | 4h | 0.00000001234 | −0.081% | $2.2M | $5.4M | 25x | as long as short |
| Bybit 10000SATSUSDTshort | +0.0100% | 4h | 0.00000001234 | −0.081% | $287K | $888K | 13x | |
| Gate SATS_USDT | +0.0100% | 4h | 0.00000001233 | −0.162% | $362K | $249K | 25x | as long as short |
| KuCoin 10000SATSUSDTM | +0.0100% | 4h | 0.00000001234 | −0.081% | $198K | $88K | 10x | as long as short |
| Bitget 1000SATSUSDT | +0.0100% | 4h | 0.00000001235 | 0.000% | $720K | $243K | 25x | as long as short |
| MEXC SATS_USDTlong | +0.0122% | 8h | 0.00000001235 | long leg | $375K | $182K | 100x | |
| OKX SATS-USDT-SWAP | +0.0122% | 8h | 0.00000001235 | −0.008% | $822K | $3.0M | 10x | as long as short |
| BingX 10000SATS-USDT | +0.0124% | 4h | 0.00000001235 | 0.000% | — | $5.8M | — | as long as short |
Binance 1000SATSUSDT
Gate SATS_USDT
KuCoin 10000SATSUSDTM
Bitget 1000SATSUSDT
OKX SATS-USDT-SWAP
BingX 10000SATS-USDT