Funding you earn now, next payment 04:00 UTC+0.0248%/8h= +27.2% APRnext payment +$1.24 per $10,000 · paid last 24h −0.036%
Price spread now: MEXC against Bybit−0.097%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$3,867as in the Funding arb table
Net, price: spread back to 7d avg − costs−$3,895as in the Price arb table
costs, in and out, $10k−$3,88638.856% of the position
Funding, last 7 days+0.182%+$18 on $10k
+Price spread, last 4 days (all we have)+0.080%+$8 · spread now −0.097%, 7d avg +0.002%
=Funding pays, the price is against you. MEXC is 0.098% cheaper against Bybit than usual: you would sell low and buy high (spread −0.097% now, against its 7-day average of +0.002%). If the spread goes back, that is −$10 on $10k: about 32 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.182% in total) that is about 3.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TOWNSUSDT | 0.002069 | 0.0100 | pay 0.0050% / 4h | 2h 23m | $373K | $115K | 5x |
| Short | MEXC TOWNS_USDT | 0.002067 | 0.0348 | get 0.0174% / 4h | 2h 23m | $396K | $126K | 100x |
Bybit TOWNSUSDT
MEXC TOWNS_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
- $52.08
- Price spread: −0.097% → +0.002%
- −$9.83
- Slippage, 4 orders
- −$3,870.63
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$3,843.38
- Costs to cover
- 38.856%
- Break-even
- 523.6 days
Slippage from Bybit: live order book, 36 min ago; MEXC: live order book, 27 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, 36 min ago | 4.85 bp | 2776.2 bp −$2,776 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 27 min ago | 2.42 bp | 12.2 bp −$12 | 79.1 bp −$791 | 218.2 bp −$21.8K | doesn't fit |
TOWNS on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit TOWNSUSDTlong | +0.0100% | 4h | 0.002069 | long leg | $373K | $115K | 5x | |
| Gate TOWNS_USDT | +0.0100% | 4h | 0.002070 | +0.048% | $71K | $20K | 10x | as long as short |
| Variational Omni TOWNS | +0.0100% | 4h | 0.002073 | +0.201% | $194 | $555 | — | as long as short |
| Aster TOWNSUSDT | +0.0198% | 4h | 0.002070 | +0.065% | $10K | $6K | 5x | as long as short |
| Binance TOWNSUSDT | +0.0343% | 4h | 0.002067 | −0.097% | $2.0M | $1.3M | 10x | as long as short |
| MEXC TOWNS_USDTshort | +0.0348% | 4h | 0.002067 | −0.097% | $396K | $126K | 100x | |
| Coinbase International TOWNS-PERP-INTX | +0.0392% | 1h | 0.002171 | +4.930% | $81K | $4K | 25x | as long as short |
| Bitget TOWNSUSDT | +0.0622% | 4h | 0.002068 | −0.048% | $339K | $48K | 5x | as long as short |
| BingX TOWNS-USDT | +0.0634% | 4h | 0.002070 | +0.048% | — | $2.3M | — | as long as short |
| KuCoin TOWNSUSDTM | +0.0808% | 4h | 0.002070 | +0.048% | $247K | $31K | 10x | as long as short |
Gate TOWNS_USDT
Variational Omni TOWNS
Aster TOWNSUSDT
Binance TOWNSUSDT
Coinbase International TOWNS-PERP-INTX
Bitget TOWNSUSDT
BingX TOWNS-USDT
KuCoin TOWNSUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit TOWNS_USDC-PERPETUAL | +0.3137% | 1h | 0.002074 | +0.242% | — | — | 25x | as long as short |
Deribit TOWNS_USDC-PERPETUAL