Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bybit−0.051%7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$213as in the Funding arb table
Net, price: spread back to 7d avg − costs−$221as in the Price arb table
costs, in and out, $10k−$2132.133% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.119%+$12 · spread now −0.051%, 7d avg +0.030%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.081% cheaper against Bybit than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit USTCUSDT | 0.005853 | 0.0100 | pay 0.0050% / 4h | 1h 42m | $365K | $251K | 20x |
| Short | MEXC USTC_USDT | 0.005850 | 0.0100 | get 0.0050% / 4h | 1h 42m | $579K | $172K | 100x |
Bybit USTCUSDT
MEXC USTC_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
- $0
- Price spread: −0.051% → +0.030%
- −$8.09
- Slippage, 4 orders
- −$198.27
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$221.36
- Costs to cover
- 2.133%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 32 min ago; MEXC: live order book, 33 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, 32 min ago | 11.10 bp | 100.2 bp −$100 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 33 min ago | 4.27 bp | 16.9 bp −$17 | 66.4 bp −$664 | 438.3 bp −$43.8K | doesn't fit |
USTC on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance USTCUSDT | +0.0100% | 4h | 0.005849 | −0.063% | $1.2M | $2.8M | 50x | as long as short |
| Bybit USTCUSDTlong | +0.0100% | 4h | 0.005853 | long leg | $365K | $251K | 20x | |
| Gate USTC_USDT | +0.0100% | 4h | 0.005863 | +0.171% | $70K | $81K | 25x | as long as short |
| MEXC USTC_USDTshort | +0.0100% | 4h | 0.005850 | −0.051% | $579K | $172K | 100x | |
| KuCoin USTCUSDTM | +0.0100% | 4h | 0.005851 | −0.032% | $517K | $56K | 30x | as long as short |
| Bitget USTCUSDT | +0.0100% | 4h | 0.005854 | +0.017% | $222K | $130K | 50x | as long as short |
| Variational Omni USTC | +0.0100% | 4h | 0.005858 | +0.093% | $3K | $2K | — | as long as short |
Binance USTCUSDT
Gate USTC_USDT
KuCoin USTCUSDTM
Bitget USTCUSDT
Variational Omni USTC