Funding you earn now, next payment 12:00 UTC−0.0922%/8h= −101.0% APRnext payment −$4.61 per $10,000 · paid last 24h −0.236%
Price spread now: Bybit against MEXC+0.411%7-day average +0.315% · you sell dearer than you buy
Net, funding: paid 7d − costs−$716as in the Funding arb table
Net, price: spread back to 7d avg − costs−$583as in the Price arb table
costs, in and out, $10k−$5935.931% of the position
Funding, last 7 days−1.231%−$123 on $10k
+Price spread, last 4 days (all we have)−0.711%−$71 · spread now +0.411%, 7d avg +0.315%
=The price spread pays, funding is against you. Bybit is 0.096% dearer against MEXC than usual: you sell high and buy low (spread +0.411% now, against its 7-day average of +0.315%): +$10 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 8 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SPORTFUN_USDT | 0.01947 | 0.1022 | pay 0.0511% / 4h | 3h 48m | $332K | $119K | 20x |
| Short | Bybit SPORTFUNUSDT | 0.01955 | 0.0100 | get 0.0050% / 4h | 3h 48m | $402K | $51K | 20x |
MEXC SPORTFUN_USDT
Bybit SPORTFUNUSDTFunding 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
- −$193.62
- Price spread: +0.411% → +0.315%
- $9.58
- Slippage, 4 orders
- −$578.06
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$777.1
- Costs to cover
- 5.931%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 31 min ago; Bybit: live order book, 41 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, 31 min ago | 2.59 bp | 36.5 bp −$37 | 175.5 bp −$1,755 | 902.8 bp −$90.3K | doesn't fit |
| Sell Bybit live order book, 41 min ago | 7.74 bp | 234.3 bp −$234 | doesn't fit | doesn't fit | doesn't fit |
SPORTFUN on 5 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 SPORTFUNUSDTshort | +0.0100% | 4h | 0.01955 | +0.411% | $402K | $51K | 20x | |
| KuCoin SPORTFUNUSDTM | +0.0126% | 4h | 0.01958 | +0.565% | $222K | $4K | 20x | as long as short |
| Binance SPORTFUNUSDT | +0.1012% | 4h | 0.01947 | 0.000% | $2.1M | $690K | 10x | as long as short |
| BingX SPORTFUN-USDT | +0.1012% | 4h | 0.01950 | +0.154% | — | $1.6M | — | as long as short |
| MEXC SPORTFUN_USDTlong | +0.1022% | 4h | 0.01947 | long leg | $332K | $119K | 20x |
KuCoin SPORTFUNUSDTM
Binance SPORTFUNUSDT
BingX SPORTFUN-USDT