Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC−0.123%7-day average −0.111% · you buy dearer than you sell
Net, funding: paid 7d − costs−$170as in the Funding arb table
Net, price: spread back to 7d avg − costs−$167as in the Price arb table
costs, in and out, $10k−$1661.663% of the position
Funding, last 7 days−0.040%−$4 on $10k
+Price spread, last 4 days (all we have)−0.260%−$26 · spread now −0.123%, 7d avg −0.111%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SOMI_USDT | 0.1877 | 0.0100 | pay 0.0050% / 4h | 3h 58m | $574K | $196K | 50x |
| Short | Bybit SOMIUSDT | 0.1875 | 0.0100 | get 0.0050% / 4h | 3h 58m | $2.0M | $1.3M | 50x |
MEXC SOMI_USDT
Bybit SOMIUSDTFunding 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
- $0
- Price spread: −0.123% → −0.111%
- −$1.19
- Slippage, 4 orders
- −$151.28
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$167.47
- Costs to cover
- 1.663%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 32 min ago; Bybit: 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 MEXC live order book, 32 min ago | 2.67 bp | 7.0 bp −$7 | 50.9 bp −$509 | 300.0 bp −$30.0K | 599.7 bp −$299.9K |
| Sell Bybit live order book, 3 min ago | 4.27 bp | 69.5 bp −$70 | 1463.7 bp −$14.6K | doesn't fit | doesn't fit |
SOMI 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SOMIUSDT | +0.0100% | 4h | 0.1877 | −0.006% | $12K | $11K | 5x | as long as short |
| Binance SOMIUSDT | +0.0100% | 4h | 0.1876 | −0.027% | $2.3M | $3.6M | 50x | as long as short |
| Bybit SOMIUSDTshort | +0.0100% | 4h | 0.1875 | −0.123% | $2.0M | $1.3M | 50x | |
| Gate SOMI_USDT | +0.0100% | 4h | 0.1879 | +0.107% | $649K | $459K | 50x | as long as short |
| MEXC SOMI_USDTlong | +0.0100% | 4h | 0.1877 | long leg | $574K | $196K | 50x | |
| KuCoin SOMIUSDTM | +0.0100% | 4h | 0.1877 | 0.000% | $381K | $1.5M | 50x | as long as short |
| Bitget SOMIUSDT | +0.0100% | 4h | 0.1877 | 0.000% | $641K | $420K | 50x | as long as short |
| BingX SOMI-USDT | +0.0100% | 4h | 0.1877 | 0.000% | — | $6.6M | — | as long as short |
| Variational Omni SOMI | +0.0100% | 4h | 0.1875 | −0.123% | $52K | $1K | — | as long as short |
| ApeX Omni SOMIUSDT | +0.0100% | 1h | 0.1878 | +0.053% | $21K | $220K | 50x | as long as short |
Aster SOMIUSDT
Binance SOMIUSDT
Gate SOMI_USDT
KuCoin SOMIUSDTM
Bitget SOMIUSDT
BingX SOMI-USDT
Variational Omni SOMI
ApeX Omni SOMIUSDT