STONK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.1252%/8h= −137.1% APRnext payment −$6.26 per $10,000 · paid last 24h −0.798%

Price spread now: Bybit against MEXC+0.304%7-day average −0.076% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$146as in the Price arb table

costs, in and out, $10k−$1841.844% of the position

Long on MEXC Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−1.834%−$183 on $10k

Price spread, last 4 days (all we have)−1.554%−$155 · spread now +0.304%, 7d avg −0.076%

Together, before fees−3.388%−$339 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.380% dearer against MEXC than usual: you sell high and buy low (spread +0.304% now, against its 7-day average of −0.076%): +$38 on $10k if it goes back. Holding the pair costs −$38 a day in funding at the current rate, which eats that in about 24 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC STONK_USDT	0.3424	0.1352	pay 0.0676% / 4h	3h 58m	$718K	$1.0M	20x
Short	Bybit STONKUSDT	0.3434	0.0100	get 0.0050% / 4h	3h 58m	$1.5M	$6.5M	5x

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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee BybitbpOrdersPrice spread, now +0.304%Rate

Funding earned: −$262.92
Price spread: +0.304% → −0.076%: $37.99
Slippage, 4 orders: −$153.44
Fee MEXC: 10 bp × 2 orders: −$20
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$409.38
Costs to cover: 1.844%
Break-even: never at this rate

Slippage from MEXC: live order book, 2 min ago; Bybit: live order book, 4 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, 2 min ago	5.28 bp	33.3 bp −$33	56.5 bp −$565	299.9 bp −$30.0K	doesn't fit
Sell Bybit live order book, 4 min ago	4.42 bp	65.8 bp −$66	248.0 bp −$2,480	doesn't fit	doesn't fit

STONK 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
Lighter STONK	+0.0032%	1h	0.3439	+0.450%	$362K	$482K	5x	as long as short
Bybit STONKUSDTshort	+0.0100%	4h	0.3434	+0.304%	$1.5M	$6.5M	5x
Bitget STONKUSDT	+0.0100%	4h	0.3436	+0.348%	$402K	$2.3M	10x	as long as short
BingX STONK-USDT	+0.0100%	4h	0.3431	+0.216%	—	$921K	—	as long as short
BloFin STONK-USDT	+0.0356%	4h	0.3420	−0.105%	$91K	$209K	5x	as long as short
Gate STONK_USDT	+0.0864%	4h	0.3428	+0.123%	$869K	$1.9M	10x	as long as short
Phoenix STONK	+0.1036%	1h	0.3401	−0.672%	$202K	$258K	3x	as long as short
MEXC STONK_USDTlong	+0.1352%	4h	0.3424	long leg	$718K	$1.0M	20x
Aster STONKUSDT	+0.1967%	1h	0.3448	+0.713%	$494K	$1.0M	10x	as long as short