Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.014%
Price spread now: Bybit against MEXC−0.089%7-day average +0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$960.963% of the position
Funding, last 7 days−0.115%−$11 on $10k
+Price spread, last 4 days (all we have)+0.133%+$13 · spread now −0.089%, 7d avg +0.035%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.124% cheaper against MEXC than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC VANA_USDT | 1.1220 | 0.0100 | pay 0.0050% / 4h | 2h 06m | $229K | $113K | 20x |
| Short | Bybit VANAUSDT | 1.1210 | 0.0100 | get 0.0050% / 4h | 2h 06m | $1.2M | $891K | 25x |
MEXC VANA_USDT
Bybit VANAUSDTFunding 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: −0.089% → +0.035%
- −$12.43
- Slippage, 4 orders
- −$81.27
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$108.7
- Costs to cover
- 0.963%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 43 min ago; Bybit: live order book, 4 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, 43 min ago | 8.92 bp | 19.4 bp −$19 | 53.3 bp −$533 | 284.8 bp −$28.5K | doesn't fit |
| Sell Bybit live order book, 4 min ago | 3.13 bp | 27.8 bp −$28 | 144.8 bp −$1,448 | doesn't fit | doesn't fit |
VANA 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster VANAUSDT | +0.0100% | 4h | 1.1209 | −0.094% | $5K | $38K | 5x | as long as short |
| Binance VANAUSDT | +0.0100% | 4h | 1.1211 | −0.080% | $2.1M | $3.2M | 50x | as long as short |
| Bybit VANAUSDTshort | +0.0100% | 4h | 1.1210 | −0.089% | $1.2M | $891K | 25x | |
| OKX VANA-USDT-SWAP | +0.0100% | 4h | 1.1216 | −0.036% | $175K | $407K | 20x | as long as short |
| Gate VANA_USDT | +0.0100% | 4h | 1.1200 | −0.178% | $128K | $336K | 50x | as long as short |
| MEXC VANA_USDTlong | +0.0100% | 4h | 1.1220 | long leg | $229K | $113K | 20x | |
| KuCoin VANAUSDTM | +0.0100% | 4h | 1.1210 | −0.089% | $262K | $34K | 30x | as long as short |
| Bitget VANAUSDT | +0.0100% | 4h | 1.1210 | −0.089% | $444K | $276K | 50x | as long as short |
| BingX VANA-USDT | +0.0100% | 4h | 1.1207 | −0.116% | — | $6.5M | — | as long as short |
Aster VANAUSDT
Binance VANAUSDT
OKX VANA-USDT-SWAP
Gate VANA_USDT
KuCoin VANAUSDTM
Bitget VANAUSDT
BingX VANA-USDT