Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC−0.100%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$408as in the Funding arb table
Net, price: spread back to 7d avg − costs−$418as in the Price arb table
costs, in and out, $10k−$4084.082% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.108%−$11 · spread now −0.100%, 7d avg −0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.094% cheaper against MEXC than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC VELO_USDT | 0.005015 | 0.0100 | pay 0.0100% / 8h | 5h 13m | $1.5M | $604K | 100x |
| Short | Bybit VELOUSDT | 0.005010 | 0.0100 | get 0.0100% / 8h | 5h 13m | $540K | $551K | 5x |
Funding 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: −0.100% → −0.006%
- −$9.38
- Slippage, 4 orders
- −$393.23
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$417.61
- Costs to cover
- 4.082%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Bybit: live order book, 41 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, 3 min ago | 16.06 bp | 65.2 bp −$65 | 79.4 bp −$794 | 129.1 bp −$12.9K | 389.2 bp −$194.6K |
| Sell Bybit live order book, 41 min ago | 11.09 bp | 126.4 bp −$126 | doesn't fit | doesn't fit | doesn't fit |
VELO 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster VELOUSDT | +0.0100% | 1h | 0.005012 | −0.055% | $5K | $509 | 3x | as long as short |
| Bybit VELOUSDTshort | +0.0100% | 8h | 0.005010 | −0.100% | $540K | $551K | 5x | |
| Gate VELO_USDT | +0.0100% | 8h | 0.005019 | +0.080% | $157K | $44K | 20x | as long as short |
| MEXC VELO_USDTlong | +0.0100% | 8h | 0.005015 | long leg | $1.5M | $604K | 100x | |
| KuCoin VELOUSDTM | +0.0100% | 4h | 0.005019 | +0.080% | $566K | $18K | 8x | as long as short |
| Variational Omni VELO | +0.0100% | 8h | 0.004981 | −0.677% | $9K | $501 | — | as long as short |
| Kraken Futures PF_VELOUSD | +0.0967% | 1h | 0.005009 | −0.110% | $3K | $1K | 10x | as long as short |
MEXC VELO_USDT
Bybit VELOUSDT
Aster VELOUSDT
Gate VELO_USDT
KuCoin VELOUSDTM
Variational Omni VELO
Kraken Futures PF_VELOUSD