Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.092%
Price spread now: Bybit against MEXC+0.139%7-day average +0.273% · you sell dearer than you buy
Net, funding: paid 7d − costs−$279as in the Funding arb table
Net, price: spread back to 7d avg − costs−$274as in the Price arb table
costs, in and out, $10k−$2612.609% of the position
Funding, last 7 days−0.183%−$18 on $10k
+Price spread, last 7 days+0.188%+$19 · spread now +0.139%, 7d avg +0.273%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.134% cheaper against MEXC than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.273%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC US_USDT | 0.01509 | 0.0100 | pay 0.0050% / 4h | 1h 31m | $5.1M | $135K | 100x |
| Short | Bybit USUSDT | 0.01511 | 0.0100 | get 0.0050% / 4h | 1h 31m | $3.0M | $1.2M | 20x |
MEXC US_USDT
Bybit USUSDTFunding 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: +0.139% → +0.273%
- −$13.43
- Slippage, 4 orders
- −$245.88
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$274.31
- Costs to cover
- 2.609%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 9 min ago; Bybit: live order book, 9 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, 9 min ago | 1.65 bp | 29.0 bp −$29 | 77.0 bp −$770 | 506.8 bp −$50.7K | doesn't fit |
| Sell Bybit live order book, 9 min ago | 6.57 bp | 95.2 bp −$95 | 467.6 bp −$4,676 | doesn't fit | doesn't fit |
US on 11 exchanges
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 | −0.0996% | 4h | 0.01500 | −0.550% | $3.1M | $701K | 20x | as long as short |
| BloFin US-USDT | +0.0086% | 4h | 0.01506 | −0.172% | $456K | $45K | 10x | as long as short |
| Binance USUSDT | +0.0100% | 4h | 0.01508 | −0.013% | $8.5M | $3.8M | 10x | as long as short |
| Bybit USUSDTshort | +0.0100% | 4h | 0.01511 | +0.139% | $3.0M | $1.2M | 20x | |
| Gate US_USDT | +0.0100% | 4h | 0.01506 | −0.192% | $1.9M | $784K | 20x | as long as short |
| MEXC US_USDTlong | +0.0100% | 4h | 0.01509 | long leg | $5.1M | $135K | 100x | |
| Bitget USUSDT | +0.0100% | 4h | 0.01509 | 0.000% | $4.0M | $331K | 10x | as long as short |
| BingX US-USDT | +0.0100% | 4h | 0.01510 | +0.086% | — | $1.3M | — | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01514 | +0.326% | $15K | $4K | — | as long as short |
| Extended US-USD | +0.0104% | 1h | 0.01508 | −0.031% | $4K | $205K | 5x | as long as short |
KuCoin USUSDTM
BloFin US-USDT
Binance USUSDT
Gate US_USDT
Bitget USUSDT
BingX US-USDT
Variational Omni US
Extended US-USDShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster USUSDT | +0.0219% | 4h | 0.01505 | −0.216% | $14K | $49K | 5x | as long as short |
Aster USUSDT