Funding you earn now, next payment 12:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.27 per $10,000 · paid last 24h +0.092%
Price spread now: MEXC against Bybit−0.166%7-day average −0.275% · you buy dearer than you sell
Net, funding: paid 7d − costs−$308as in the Funding arb table
Net, price: spread back to 7d avg − costs−$316as in the Price arb table
costs, in and out, $10k−$3273.265% of the position
Funding, last 7 days+0.183%+$18 on $10k
+Price spread, last 7 days−0.175%−$17 · spread now −0.166%, 7d avg −0.275%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and MEXC is 0.109% dearer against Bybit than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.275%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit USUSDT | 0.01570 | 0.0100 | pay 0.0050% / 4h | 3h 39m | $3.1M | $1.0M | 20x |
| Short | MEXC US_USDT | 0.01568 | 0.0154 | get 0.0077% / 4h | 3h 39m | $5.3M | $117K | 100x |
Bybit USUSDT
MEXC US_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
- $11.34
- Price spread: −0.166% → −0.275%
- $10.93
- Slippage, 4 orders
- −$311.54
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$304.27
- Costs to cover
- 3.265%
- Break-even
- 194.8 days
Slippage from Bybit: live order book, 3 min ago; MEXC: live order book, 3 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, 3 min ago | 9.63 bp | 163.5 bp −$163 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.28 bp | 28.3 bp −$28 | 64.3 bp −$643 | 449.8 bp −$45.0K | doesn't fit |
US 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin USUSDTM | −0.2484% | 4h | 0.01557 | −0.821% | $3.6M | $526K | 20x | as long as short |
| BloFin US-USDT | +0.0096% | 4h | 0.01555 | −0.968% | $468K | $46K | 10x | as long as short |
| Aster USUSDT | +0.0100% | 4h | 0.01565 | −0.320% | $14K | $52K | 5x | as long as short |
| Bybit USUSDTlong | +0.0100% | 4h | 0.01570 | long leg | $3.1M | $1.0M | 20x | |
| Gate US_USDT | +0.0100% | 4h | 0.01564 | −0.376% | $2.0M | $660K | 20x | as long as short |
| Bitget USUSDT | +0.0100% | 4h | 0.01573 | +0.153% | $4.2M | $289K | 10x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01558 | −0.800% | $16K | $4K | — | as long as short |
| Extended US-USD | +0.0152% | 1h | 0.01567 | −0.212% | $4K | $205K | 5x | as long as short |
| MEXC US_USDTshort | +0.0154% | 4h | 0.01568 | −0.166% | $5.3M | $117K | 100x | |
| BingX US-USDT | +0.0154% | 4h | 0.01568 | −0.166% | — | $1.3M | — | as long as short |
KuCoin USUSDTM
BloFin US-USDT
Aster USUSDT
Gate US_USDT
Bitget USUSDT
Variational Omni US
Extended US-USD
BingX US-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance USUSDT | +0.0154% | 4h | 0.01570 | −0.025% | $8.8M | $3.5M | 10x | as long as short |
Binance USUSDT