Funding you earn now, next payment 12:00 UTC−0.0099%/8h= −10.8% APRnext payment −$0.49 per $10,000 · paid last 24h +0.249%
Price spread now: MEXC against Bybit−0.983%7-day average −0.621% · you buy dearer than you sell
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$900.897% of the position
Funding, last 7 days+0.766%+$77 on $10k
+Price spread, last 4 days (all we have)+0.506%+$51 · spread now −0.983%, 7d avg −0.621%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and MEXC is 0.362% cheaper against Bybit than usual: you would sell low and buy high (−$36 if the spread goes back to its 7-day average of −0.621%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.766%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SIRENUSDT | 0.02442 | 0.1451 | pay 0.0725% / 4h | 1h 29m | $1.9M | $2.8M | 5x |
| Short | MEXC SIREN_USDT | 0.02418 | 0.1352 | get 0.0676% / 4h | 1h 29m | $684K | $126K | 100x |
Bybit SIRENUSDT
MEXC SIREN_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
- −$20.77
- Price spread: −0.983% → −0.621%
- −$36.15
- Slippage, 4 orders
- −$78.68
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$146.6
- Costs to cover
- 0.897%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; MEXC: live order book, 9 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, 1 min ago | 6.13 bp | 26.3 bp −$26 | 150.1 bp −$1,501 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 9 min ago | 2.06 bp | 14.8 bp −$15 | 76.1 bp −$761 | 802.2 bp −$80.2K | doesn't fit |
SIREN on 9 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| SunX SIREN-USDT | +0.0100% | 4h | 0.02420 | −0.901% | $1K | $1.1M | 20x | as long as short |
| Bitget SIRENUSDT | +0.0228% | 4h | 0.02434 | −0.328% | $2.8M | $1.5M | 10x | as long as short |
| KuCoin SIRENUSDTM | +0.0684% | 4h | 0.02419 | −0.942% | $999K | $427K | 10x | as long as short |
| Aster SIRENUSDT | +0.1145% | 4h | 0.02417 | −1.021% | $215K | $66K | 5x | as long as short |
| Binance SIRENUSDT | +0.1330% | 4h | 0.02418 | −0.985% | $8.5M | $3.2M | 10x | as long as short |
| MEXC SIREN_USDTshort | +0.1352% | 4h | 0.02418 | −0.983% | $684K | $126K | 100x | |
| BingX SIREN-USDT | +0.1398% | 4h | 0.02422 | −0.819% | — | $2.3M | — | as long as short |
| Bybit SIRENUSDTlong | +0.1451% | 4h | 0.02442 | long leg | $1.9M | $2.8M | 5x | |
| Gate SIREN_USDT | +0.2144% | 4h | 0.02412 | −1.229% | $573K | $205K | 10x | as long as short |
SunX SIREN-USDT
Bitget SIRENUSDT
KuCoin SIRENUSDTM
Aster SIRENUSDT
Binance SIRENUSDT
BingX SIREN-USDT
Gate SIREN_USDT