Funding you earn now, next payment 04:00 UTC+0.0641%/8h= +70.2% APRpaid last 24h −0.089%
Price spread now: MEXC against Bybit−0.043%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$242as in the Funding arb table
Net, price: spread back to 7d avg − costs−$171as in the Price arb table
costs, in and out, $10k−$1691.686% of the position
Funding, last 7 days−0.733%−$73 on $10k
+Price spread, last 4 days (all we have)+0.071%+$7 · spread now −0.043%, 7d avg −0.015%
=Funding pays, the price is against you. MEXC is 0.029% cheaper against Bybit than usual: you would sell low and buy high (spread −0.043% now, against its 7-day average of −0.015%). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$19 a day). Mind the row above: over the last 7 days funding on this pair cost −0.733%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SKLUSDT | 0.004603 | −0.0541 | get 0.0541% / 8h | 7h 37m | $887K | $1.0M | 25x |
| Short | MEXC SKL_USDT | 0.004601 | 0.0100 | get 0.0050% / 4h | 3h 37m | $395K | $206K | 20x |
Bybit SKLUSDT
MEXC SKL_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
- $134.62
- Price spread: −0.043% → −0.015%
- −$2.86
- Slippage, 4 orders
- −$153.58
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$36.82
- Costs to cover
- 1.686%
- Break-even
- 8.9 days
Slippage from Bybit: live order book, 2 min ago; MEXC: live order book, 18 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, 2 min ago | 4.34 bp | 74.4 bp −$74 | 612.9 bp −$6,129 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 18 min ago | 2.18 bp | 22.2 bp −$22 | 86.3 bp −$863 | 207.9 bp −$20.8K | doesn't fit |
SKL 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SKLUSDTlong | −0.0541% | 8h | 0.004603 | long leg | $887K | $1.0M | 25x | |
| Bitget SKLUSDT | +0.0082% | 4h | 0.004599 | −0.087% | $499K | $1.0M | 25x | as long as short |
| BloFin SKL-USDT | +0.0093% | 4h | 0.004607 | +0.087% | $184K | $44K | 50x | as long as short |
| Binance SKLUSDT | +0.0100% | 4h | 0.004599 | −0.086% | $2.8M | $9.5M | 50x | as long as short |
| Gate SKL_USDT | +0.0100% | 4h | 0.004610 | +0.152% | $205K | $237K | 50x | as long as short |
| MEXC SKL_USDTshort | +0.0100% | 4h | 0.004601 | −0.043% | $395K | $206K | 20x | |
| KuCoin SKLUSDTM | +0.0100% | 4h | 0.004606 | +0.065% | $840K | $364K | 30x | as long as short |
| BingX SKL-USDT | +0.0100% | 4h | 0.004602 | −0.022% | — | $2.3M | — | as long as short |
| Variational Omni SKL | +0.0100% | 8h | 0.004607 | +0.093% | $709 | $1K | — | as long as short |
| Kraken Futures PF_SKLUSD | +0.0400% | 1h | 0.004611 | +0.182% | $5K | $5K | 10x | as long as short |
Bitget SKLUSDT
BloFin SKL-USDT
Binance SKLUSDT
Gate SKL_USDT
KuCoin SKLUSDTM
BingX SKL-USDT
Variational Omni SKL
Kraken Futures PF_SKLUSD