Funding you earn now, next payment 04:00 UTC+0.0069%/8h= +7.5% APRnext payment +$0.34 per $10,000 · paid last 24h −0.118%
Price spread now: MEXC against Bybit+0.098%7-day average −0.223% · you sell dearer than you buy
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$900.900% of the position
Funding, last 7 days−0.407%−$41 on $10k
+Price spread, last 7 days−2.134%−$213 · spread now +0.098%, 7d avg −0.223%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and MEXC is 0.320% dearer against Bybit than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of −0.223%. Mind the row above: over the last 7 days funding on this pair cost −0.407%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TUSDT | 0.005126 | −0.0879 | get 0.0439% / 4h | 3h 39m | $1.6M | $1.7M | 25x |
| Short | MEXC T_USDT | 0.005131 | −0.0810 | pay 0.0405% / 4h | 3h 39m | $3.1M | $256K | 20x |
Bybit TUSDT
MEXC T_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Bybit. 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
- $14.45
- Price spread: +0.098% → −0.223%
- $32.01
- Slippage, 4 orders
- −$74.99
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$43.52
- Costs to cover
- 0.900%
- Break-even
- 28.1 days
Slippage from Bybit: live order book, 1 min ago; MEXC: 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 Bybit live order book, 1 min ago | 2.92 bp | 37.8 bp −$38 | 273.9 bp −$2,739 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 2.92 bp | 10.3 bp −$10 | 21.5 bp −$215 | 117.2 bp −$11.7K | doesn't fit |
T 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TUSD | −0.3835% | 1h | 0.005128 | +0.033% | $2K | $2K | 10x | as long as short |
| Gate T_USDT | −0.1266% | 4h | 0.005135 | +0.176% | $212K | $99K | 20x | as long as short |
| Bybit TUSDTlong | −0.0879% | 4h | 0.005126 | long leg | $1.6M | $1.7M | 25x | |
| KuCoin TUSDTM | −0.0854% | 4h | 0.005133 | +0.137% | $1.3M | $83K | 12x | as long as short |
| Binance TUSDT | −0.0811% | 4h | 0.005130 | +0.078% | $3.3M | $8.6M | 50x | as long as short |
| MEXC T_USDTshort | −0.0810% | 4h | 0.005131 | +0.098% | $3.1M | $256K | 20x | |
| Variational Omni T | −0.0801% | 4h | 0.005135 | +0.170% | $8K | $9K | — | as long as short |
| Bitget TUSDT | −0.0572% | 4h | 0.005121 | −0.098% | $875K | $631K | 50x | as long as short |
Kraken Futures PF_TUSD
Gate T_USDT
KuCoin TUSDTM
Binance TUSDT
Variational Omni T
Bitget TUSDT