Funding you earn now, next payment 08:00 UTC−0.0043%/8h= −4.7% APRnext payment −$0.21 per $10,000 · paid last 24h +0.006%
Price spread now: MEXC against Bybit+0.189%7-day average −0.097% · you sell dearer than you buy
Net, funding: paid 7d − costs−$500as in the Funding arb table
Net, price: spread back to 7d avg − costs−$472as in the Price arb table
costs, in and out, $10k−$5015.007% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 4 days (all we have)−0.497%−$50 · spread now +0.189%, 7d avg −0.097%
=The price spread pays, funding is against you. MEXC is 0.286% dearer against Bybit than usual: you sell high and buy low (spread +0.189% now, against its 7-day average of −0.097%): +$29 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 22 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TMXUSDT | 0.02114 | 0.1965 | pay 0.0982% / 4h | 43m 08s | $894K | $818K | 20x |
| Short | MEXC TMX_USDT | 0.02118 | 0.1922 | get 0.0961% / 4h | 43m 08s | $299K | $396K | 20x |
Bybit TMXUSDT
MEXC TMX_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
- −$8.96
- Price spread: +0.189% → −0.097%
- $28.61
- Slippage, 4 orders
- −$485.74
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$481.08
- Costs to cover
- 5.007%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 57 min ago; MEXC: live order book, 42 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, 57 min ago | 14.64 bp | 120.4 bp −$120 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 42 min ago | 4.82 bp | 123.6 bp −$124 | 179.2 bp −$1,792 | 734.5 bp −$73.5K | doesn't fit |
TMX on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC TMX_USDTshort | +0.1922% | 4h | 0.02118 | +0.189% | $299K | $396K | 20x | |
| Bybit TMXUSDTlong | +0.1965% | 4h | 0.02114 | long leg | $894K | $818K | 20x | |
| Aster TMXUSDT | +0.2394% | 1h | 0.02092 | −1.046% | $47K | $54K | 5x | as long as short |
Aster TMXUSDT