Funding you earn now, next payment 12:00 UTC+0.0232%/8h= +25.4% APRnext payment +$1.16 per $10,000 · paid last 24h +0.004%
Price spread now: MEXC against Bybit+0.029%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$494as in the Funding arb table
Net, price: spread back to 7d avg − costs−$473as in the Price arb table
costs, in and out, $10k−$4704.699% of the position
Funding, last 7 days−0.238%−$24 on $10k
+Price spread, last 4 days (all we have)+0.112%+$11 · spread now +0.029%, 7d avg +0.058%
=Funding pays, the price is against you. MEXC is 0.029% cheaper against Bybit than usual: you would sell low and buy high (spread +0.029% now, against its 7-day average of +0.058%). If the spread goes back, that is −$3 on $10k: about 10 hours of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.238%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit VELODROMEUSDT | 0.03119 | 0.0100 | pay 0.0050% / 4h | 2h 58m | $852K | $419K | 20x |
| Short | MEXC VELODROME_USDT | 0.03120 | 0.0332 | get 0.0166% / 4h | 2h 58m | $250K | $89K | 50x |
Bybit VELODROMEUSDT
MEXC VELODROME_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
- $48.72
- Price spread: +0.029% → +0.058%
- −$2.91
- Slippage, 4 orders
- −$454.91
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$424.1
- Costs to cover
- 4.699%
- Break-even
- 67.9 days
Slippage from Bybit: live order book, 31 min ago; MEXC: live order book, 16 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, 31 min ago | 10.85 bp | 143.4 bp −$143 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 16 min ago | 1.62 bp | 16.6 bp −$17 | 97.7 bp −$977 | 287.5 bp −$28.8K | 526.6 bp −$263.3K |
VELODROME 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit VELODROMEUSDTlong | +0.0100% | 4h | 0.03119 | long leg | $852K | $419K | 20x | |
| Bitget VELODROMEUSDT | +0.0100% | 4h | 0.03113 | −0.199% | $551K | $25K | 20x | as long as short |
| Variational Omni VELODROME | +0.0100% | 4h | 0.03101 | −0.568% | $73K | $11K | — | as long as short |
| Gate VELODROME_USDT | +0.0286% | 4h | 0.03122 | +0.093% | $132K | $9K | 20x | as long as short |
| MEXC VELODROME_USDTshort | +0.0332% | 4h | 0.03120 | +0.029% | $250K | $89K | 50x | |
| BingX VELODROME-USDT | +0.0332% | 4h | 0.03120 | +0.029% | — | $1.3M | — | as long as short |
| Binance VELODROMEUSDT | +0.0335% | 4h | 0.03124 | +0.147% | $8.1M | $1.6M | 50x | as long as short |
Bitget VELODROMEUSDT
Variational Omni VELODROME
Gate VELODROME_USDT
BingX VELODROME-USDT
Binance VELODROMEUSDT