Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.225%
Price spread now: Bybit against MEXC0.000%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$264as in the Funding arb table
Net, price: spread back to 7d avg − costs−$182as in the Price arb table
costs, in and out, $10k−$1811.806% of the position
Funding, last 7 days−0.832%−$83 on $10k
+Price spread, last 4 days (all we have)−0.045%−$4 · spread now 0.000%, 7d avg +0.012%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SONIC_USDT | 0.02653 | 0.0100 | pay 0.0050% / 4h | 3h 39m | $895K | $168K | 50x |
| Short | Bybit SONICUSDT | 0.02653 | 0.0100 | get 0.0050% / 4h | 3h 39m | $1.1M | $1.9M | 25x |
MEXC SONIC_USDT
Bybit SONICUSDTFunding 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: 0.000% → +0.012%
- −$1.18
- Slippage, 4 orders
- −$165.62
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$181.8
- Costs to cover
- 1.806%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 51 min ago; Bybit: live order book, 2 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, 51 min ago | 5.59 bp | 31.6 bp −$32 | 145.0 bp −$1,450 | 326.5 bp −$32.6K | 593.2 bp −$296.6K |
| Sell Bybit live order book, 2 min ago | 5.66 bp | 62.6 bp −$63 | 362.2 bp −$3,622 | doesn't fit | doesn't fit |
SONIC 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SONIC-USDT | +0.0068% | 4h | 0.02650 | −0.113% | $121K | $22K | 10x | as long as short |
| Binance SONICUSDT | +0.0100% | 4h | 0.02654 | +0.031% | $1.3M | $4.1M | 10x | as long as short |
| Bybit SONICUSDTshort | +0.0100% | 4h | 0.02653 | 0.000% | $1.1M | $1.9M | 25x | |
| Gate SONIC_USDT | +0.0100% | 4h | 0.02652 | −0.038% | $125K | $123K | 25x | as long as short |
| MEXC SONIC_USDTlong | +0.0100% | 4h | 0.02653 | long leg | $895K | $168K | 50x | |
| KuCoin SONICUSDTM | +0.0100% | 4h | 0.02655 | +0.075% | $493K | $26K | 10x | as long as short |
| Bitget SONICUSDT | +0.0100% | 4h | 0.02652 | −0.038% | $421K | $597K | 10x | as long as short |
| Variational Omni SONIC | +0.0100% | 4h | 0.02652 | −0.054% | $3K | $4K | — | as long as short |
BloFin SONIC-USDT
Binance SONICUSDT
Gate SONIC_USDT
KuCoin SONICUSDTM
Bitget SONICUSDT
Variational Omni SONIC