Funding you earn now, next payment 00:00 UTC+0.0001%/8h= +0.2% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC+0.315%7-day average +0.195% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1561.563% of the position
Funding, last 7 days+0.360%+$36 on $10k
+Price spread, last 4 days (all we have)−0.023%−$2 · spread now +0.315%, 7d avg +0.195%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.120% dearer against MEXC than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.195%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC TOSHI_USDT | 0.0001270 | 0.0100 | pay 0.0050% / 4h | 27m 17s | $544K | $155K | 50x |
| Short | Bybit 1000TOSHIUSDT | 0.0001274 | 0.0101 | get 0.0051% / 4h | 27m 17s | $716K | $485K | 25x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.29
- Price spread: +0.315% → +0.195%
- $12.03
- Slippage, 4 orders
- −$137.34
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$144.02
- Costs to cover
- 1.563%
- Break-even
- 3485.7 days
Slippage from MEXC: live order book, 43 min ago; Bybit: live order book, 43 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, 43 min ago | 3.96 bp | 17.7 bp −$18 | 81.5 bp −$815 | 346.7 bp −$34.7K | doesn't fit |
| Sell Bybit live order book, 43 min ago | 15.78 bp | 73.7 bp −$74 | doesn't fit | doesn't fit | doesn't fit |
TOSHI 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 TOSHIUSDT | +0.0100% | 4h | 0.0001269 | −0.063% | $49K | $25K | 5x | as long as short |
| Binance TOSHIUSDT | +0.0100% | 4h | 0.0001271 | +0.071% | $1.1M | $1.7M | 50x | as long as short |
| Gate TOSHI_USDT | +0.0100% | 8h | 0.0001268 | −0.157% | $157K | $39K | 50x | as long as short |
| MEXC TOSHI_USDTlong | +0.0100% | 4h | 0.0001270 | long leg | $544K | $155K | 50x | |
| KuCoin TOSHIUSDTM | +0.0100% | 4h | 0.0001272 | +0.142% | $143K | $21K | 30x | as long as short |
| Bitget TOSHIUSDT | +0.0100% | 4h | 0.0001272 | +0.157% | $546K | $426K | 20x | as long as short |
| Bybit 1000TOSHIUSDTshort | +0.0101% | 4h | 0.0001274 | +0.315% | $716K | $485K | 25x | |
| BingX TOSHI-USDT | +0.0102% | 4h | 0.0001272 | +0.157% | — | $6.5M | — | as long as short |
| BloFin TOSHI-USDT | +0.0106% | 4h | 0.0001272 | +0.157% | $72K | $14K | 50x | as long as short |
MEXC TOSHI_USDT
Bybit 1000TOSHIUSDT
Aster TOSHIUSDT
Binance TOSHIUSDT
Gate TOSHI_USDT
KuCoin TOSHIUSDTM
Bitget TOSHIUSDT
BingX TOSHI-USDT
BloFin TOSHI-USDT