Funding you earn now, next payment 08:00 UTC+0.0818%/8h= +89.6% APRnext payment +$4.09 per $10,000 · paid last 24h +0.013%
Price spread now: Bybit against MEXC−0.386%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.057%+$6 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Bybit is 0.386% cheaper against MEXC than usual: you would sell low and buy high (spread −0.386% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$39 on $10k: about 38 hours of funding at the current rate (+$25 a day). At the pace of the last 7 days (+0.057% in total) that is about 47 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.057% in total (about 3.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.09 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC TREE_USDT | 0.04663 | −0.0718 | get 0.0359% / 4h | 2h 39m | $22K | $83K | 20x |
| Short | Bybit TREEUSDT | 0.04645 | 0.0100 | get 0.0050% / 4h | 2h 39m | $920K | $1.1M | 25x |
MEXC TREE_USDT
Bybit TREEUSDTFunding 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
- $171.78
- Price spread: −0.386% → 0.000%
- −$38.6
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $114.18
- Costs to cover
- 0.190%
- Break-even
- 2.3 days
Slippage unknown: MEXC: no order-book sample; Bybit: live order book, 1 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 1 min ago | 4.30 bp | 42.2 bp −$42 | 356.5 bp −$3,565 | doesn't fit | doesn't fit |
MEXC: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
TREE 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni TREE | −0.1335% | 4h | 0.04679 | +0.338% | $10K | $1 | — | as long as short |
| MEXC TREE_USDTlong | −0.0718% | 4h | 0.04663 | long leg | $22K | $83K | 20x | |
| BingX TREE-USDT | −0.0718% | 4h | 0.04657 | −0.129% | — | $2.3M | — | as long as short |
| Binance TREEUSDT | −0.0713% | 4h | 0.04652 | −0.237% | $2.0M | $5.0M | 10x | as long as short |
| KuCoin TREEUSDTM | −0.0614% | 4h | 0.04657 | −0.129% | $205K | $56K | 10x | as long as short |
| Aster TREEUSDT | −0.0468% | 4h | 0.04650 | −0.287% | $3K | $2K | 5x | as long as short |
| Bybit TREEUSDTshort | +0.0100% | 4h | 0.04645 | −0.386% | $920K | $1.1M | 25x | |
| Gate TREE_USDT | +0.0100% | 4h | 0.04659 | −0.086% | $98K | $89K | 20x | as long as short |
| Bitget TREEUSDT | +0.0100% | 4h | 0.04645 | −0.386% | $1.8M | $273K | 5x | as long as short |
Variational Omni TREE
BingX TREE-USDT
Binance TREEUSDT
KuCoin TREEUSDTM
Aster TREEUSDT
Gate TREE_USDT
Bitget TREEUSDT