Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.037%
Price spread now: Bybit against MEXC0.000%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$3,686as in the Funding arb table
Net, price: spread back to 7d avg − costs−$3,668as in the Price arb table
costs, in and out, $10k−$3,66836.680% of the position
Funding, last 7 days−0.180%−$18 on $10k
+Price spread, last 4 days (all we have)−0.224%−$22 · spread now 0.000%, 7d avg −0.001%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC TOWNS_USDT | 0.002080 | 0.0100 | pay 0.0050% / 4h | 3h 58m | $397K | $120K | 100x |
| Short | Bybit TOWNSUSDT | 0.002080 | 0.0100 | get 0.0050% / 4h | 3h 58m | $382K | $117K | 5x |
MEXC TOWNS_USDT
Bybit TOWNSUSDTFunding 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
- Price spread: 0.000% → −0.001%
- $0.11
- Slippage, 4 orders
- −$3,653.02
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$3,667.91
- Costs to cover
- 36.680%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 42 min ago; Bybit: live order book, 51 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, 42 min ago | 4.83 bp | 15.9 bp −$16 | 77.2 bp −$772 | 225.5 bp −$22.5K | doesn't fit |
| Sell Bybit live order book, 51 min ago | 9.69 bp | 1203.5 bp −$1,203 | doesn't fit | doesn't fit | doesn't fit |
TOWNS on 12 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 TOWNSUSDT | +0.0100% | 4h | 0.002082 | +0.105% | $10K | $6K | 5x | as long as short |
| Binance TOWNSUSDT | +0.0100% | 4h | 0.002079 | −0.036% | $2.0M | $1.3M | 10x | as long as short |
| Bybit TOWNSUSDTshort | +0.0100% | 4h | 0.002080 | 0.000% | $382K | $117K | 5x | |
| Gate TOWNS_USDT | +0.0100% | 4h | 0.002082 | +0.096% | $71K | $14K | 10x | as long as short |
| MEXC TOWNS_USDTlong | +0.0100% | 4h | 0.002080 | long leg | $397K | $120K | 100x | |
| KuCoin TOWNSUSDTM | +0.0100% | 4h | 0.002080 | 0.000% | $248K | $31K | 10x | as long as short |
| Bitget TOWNSUSDT | +0.0100% | 4h | 0.002084 | +0.192% | $341K | $38K | 5x | as long as short |
| BingX TOWNS-USDT | +0.0100% | 4h | 0.002085 | +0.240% | — | $2.3M | — | as long as short |
| Variational Omni TOWNS | +0.0100% | 4h | 0.002081 | +0.055% | $194 | $549 | — | as long as short |
| BloFin TOWNS-USDT | +0.0112% | 4h | 0.002083 | +0.144% | $132K | $4K | 10x | as long as short |
Aster TOWNSUSDT
Binance TOWNSUSDT
Gate TOWNS_USDT
KuCoin TOWNSUSDTM
Bitget TOWNSUSDT
BingX TOWNS-USDT
Variational Omni TOWNS
BloFin TOWNS-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International TOWNS-PERP-INTX | +0.0328% | 1h | 0.002074 | −0.288% | $77K | $3K | 25x | as long as short |
| Deribit TOWNS_USDC-PERPETUAL | +0.2633% | 1h | 0.002087 | +0.337% | — | — | 25x | as long as short |
Coinbase International TOWNS-PERP-INTX
Deribit TOWNS_USDC-PERPETUAL