Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC−0.027%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1041.035% of the position
Funding, last 7 days−0.127%−$13 on $10k
+Price spread, last 7 days−0.081%−$8 · spread now −0.027%, 7d avg −0.037%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SPK_USDT | 0.02182 | 0.0100 | pay 0.0050% / 4h | 2h 28m | $2.2M | $654K | 50x |
| Short | Bybit SPKUSDT | 0.02181 | 0.0100 | get 0.0050% / 4h | 2h 28m | $1.9M | $2.2M | 25x |
Funding 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: −0.027% → −0.037%
- $0.94
- Slippage, 4 orders
- −$88.52
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$102.58
- Costs to cover
- 1.035%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 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, 3 min ago | 2.29 bp | 5.8 bp −$6 | 57.3 bp −$573 | 230.9 bp −$23.1K | 470.2 bp −$235.1K |
| Sell Bybit live order book, 3 min ago | 2.29 bp | 41.3 bp −$41 | 153.9 bp −$1,539 | doesn't fit | doesn't fit |
SPK on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate SPK_USDT | −0.0222% | 4h | 0.02183 | +0.046% | $142K | $132K | 50x | as long as short |
| Aster SPKUSDT | +0.0069% | 4h | 0.02183 | +0.046% | $9K | $66K | 5x | as long as short |
| Binance SPKUSDT | +0.0100% | 4h | 0.02180 | −0.092% | $3.8M | $5.7M | 50x | as long as short |
| Bybit SPKUSDTshort | +0.0100% | 4h | 0.02181 | −0.027% | $1.9M | $2.2M | 25x | |
| OKX SPK-USDT-SWAP | +0.0100% | 4h | 0.02183 | +0.046% | $769K | $2.1M | 20x | as long as short |
| MEXC SPK_USDTlong | +0.0100% | 4h | 0.02182 | long leg | $2.2M | $654K | 50x | |
| KuCoin SPKUSDTM | +0.0100% | 4h | 0.02187 | +0.229% | $940K | $414K | 30x | as long as short |
| Bitget SPKUSDT | +0.0100% | 4h | 0.02182 | 0.000% | $1.3M | $1.4M | 50x | as long as short |
| BingX SPK-USDT | +0.0100% | 4h | 0.02182 | 0.000% | — | $2.3M | — | as long as short |
| Variational Omni SPK | +0.0100% | 4h | 0.02186 | +0.168% | $177K | $76K | — | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SPK-USDT | +0.0100% | 4h | 0.02227 | +2.062% | $817 | $1.2M | 20x | as long as short |
| Extended SPK-USD | +0.0104% | 1h | 0.02180 | −0.098% | $3K | $146K | 5x | as long as short |
| Kraken Futures PF_SPKUSD | +0.0800% | 1h | 0.02193 | +0.513% | $23K | $28K | 10x | as long as short |
MEXC SPK_USDT
Bybit SPKUSDT
Gate SPK_USDT
Aster SPKUSDT
Binance SPKUSDT
OKX SPK-USDT-SWAP
KuCoin SPKUSDTM
Bitget SPKUSDT
BingX SPK-USDT
Variational Omni SPK
SunX SPK-USDT
Extended SPK-USD
Kraken Futures PF_SPKUSD