Funding you earn now, next payment 04:00 UTC+0.0673%/8h= +73.7% APRnext payment +$3.37 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC+0.191%7-day average +0.161% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1031.026% of the position
Funding, last 7 days+0.093%+$9 on $10k
+Price spread, last 4 days (all we have)−0.043%−$4 · spread now +0.191%, 7d avg +0.161%
=Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Bybit is 0.030% dearer against MEXC than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.161%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.093% in total (about 4.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.37 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC STO_USDT | 0.04182 | 0.0100 | pay 0.0050% / 4h | 2h 50m | $794K | $101K | 50x |
| Short | Bybit STOUSDT | 0.04190 | 0.0773 | get 0.0387% / 4h | 2h 50m | $725K | $262K | 13x |
MEXC STO_USDT
Bybit STOUSDTFunding 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
- $141.37
- Price spread: +0.191% → +0.161%
- $3.04
- Slippage, 4 orders
- −$91.56
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $41.85
- Costs to cover
- 1.026%
- Break-even
- 4.9 days
Slippage from MEXC: live order book, 10 min ago; Bybit: live order book, 15 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, 10 min ago | 2.40 bp | 2.4 bp −$2 | 49.1 bp −$491 | 260.5 bp −$26.1K | doesn't fit |
| Sell Bybit live order book, 15 min ago | 4.75 bp | 41.1 bp −$41 | 249.1 bp −$2,491 | doesn't fit | doesn't fit |
STO on 9 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 STOUSDT | +0.0100% | 4h | 0.04186 | +0.085% | $26K | $1K | 5x | as long as short |
| Binance STOUSDT | +0.0100% | 4h | 0.04183 | +0.021% | $3.4M | $1.4M | 20x | as long as short |
| Gate STO_USDT | +0.0100% | 4h | 0.04178 | −0.096% | $254K | $114K | 25x | as long as short |
| MEXC STO_USDTlong | +0.0100% | 4h | 0.04182 | long leg | $794K | $101K | 50x | |
| Bitget STOUSDT | +0.0100% | 4h | 0.04187 | +0.120% | $323K | $28K | 10x | as long as short |
| Variational Omni STO | +0.0388% | 4h | 0.04185 | +0.068% | $4K | $213 | — | as long as short |
| BingX STO-USDT | +0.0706% | 4h | 0.04188 | +0.143% | — | $6.5M | — | as long as short |
| Bybit STOUSDTshort | +0.0773% | 4h | 0.04190 | +0.191% | $725K | $262K | 13x | |
| KuCoin STOUSDTM | +0.0866% | 4h | 0.04194 | +0.287% | $997K | $19K | 25x | as long as short |
Aster STOUSDT
Binance STOUSDT
Gate STO_USDT
Bitget STOUSDT
Variational Omni STO
BingX STO-USDT
KuCoin STOUSDTM