Funding you earn now, next payment 04:00 UTC+0.2397%/8h= +262.5% APRnext payment +$11.99 per $10,000 · paid last 24h +0.967%
Price spread now: Bybit against MEXC−0.356%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$239as in the Price arb table
costs, in and out, $10k−$2072.072% of the position
Funding, last 7 days+1.073%+$107 on $10k
+Price spread, last 4 days (all we have)+0.532%+$53 · spread now −0.356%, 7d avg −0.034%
=Funding pays, the price is against you. Bybit is 0.322% cheaper against MEXC than usual: you would sell low and buy high (spread −0.356% now, against its 7-day average of −0.034%). If the spread goes back, that is −$32 on $10k: about 11 hours of funding at the current rate (+$72 a day). At the pace of the last 7 days (+1.073% in total) that is about 2.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 1.073% in total (about 55.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$11.99 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 TRUST_USDT | 0.06180 | 0.0524 | pay 0.0262% / 4h | 2h 06m | $215K | $105K | 50x |
| Short | Bybit TRUSTUSDT | 0.06158 | 0.2921 | get 0.1461% / 4h | 2h 06m | $534K | $449K | 25x |
MEXC TRUST_USDT
Bybit TRUSTUSDTFunding 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
- $503.42
- Price spread: −0.356% → −0.034%
- −$32.24
- Slippage, 4 orders
- −$192.21
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $263.97
- Costs to cover
- 2.072%
- Break-even
- 3.3 days
Slippage from MEXC: live order book, 34 min ago; Bybit: live order book, 53 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, 34 min ago | 2.46 bp | 39.9 bp −$40 | 185.7 bp −$1,857 | 914.3 bp −$91.4K | doesn't fit |
| Sell Bybit live order book, 53 min ago | 3.29 bp | 65.2 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
TRUST on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX TRUST-USDT-SWAP | +0.0100% | 4h | 0.06186 | +0.097% | $118K | $292K | 10x | as long as short |
| Gate TRUST_USDT | +0.0100% | 8h | 0.06193 | +0.210% | $506K | $29K | 10x | as long as short |
| KuCoin TRUSTUSDTM | +0.0100% | 4h | 0.06185 | +0.081% | $297K | $733K | 10x | as long as short |
| Bitget TRUSTUSDT | +0.0100% | 4h | 0.06174 | −0.097% | $662K | $71K | 10x | as long as short |
| Binance TRUSTUSDT | +0.0508% | 4h | 0.06175 | −0.089% | $1.7M | $1.8M | 10x | as long as short |
| MEXC TRUST_USDTlong | +0.0524% | 4h | 0.06180 | long leg | $215K | $105K | 50x | |
| Aster TRUSTUSDT | +0.0637% | 4h | 0.06182 | +0.030% | $10K | $7K | 5x | as long as short |
| BingX TRUST-USDT | +0.2654% | 4h | 0.06177 | −0.049% | — | $6.5M | — | as long as short |
| Bybit TRUSTUSDTshort | +0.2921% | 4h | 0.06158 | −0.356% | $534K | $449K | 25x | |
| Variational Omni TRUST | +0.3462% | 4h | 0.06154 | −0.414% | $56K | $409 | — | as long as short |
OKX TRUST-USDT-SWAP
Gate TRUST_USDT
KuCoin TRUSTUSDTM
Bitget TRUSTUSDT
Binance TRUSTUSDT
Aster TRUSTUSDT
BingX TRUST-USDT
Variational Omni TRUST