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−0.203%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$310as in the Funding arb table
Net, price: spread back to 7d avg − costs−$349as in the Price arb table
costs, in and out, $10k−$3343.341% of the position
Funding, last 7 days+0.242%+$24 on $10k
+Price spread, last 4 days (all we have)+0.165%+$16 · spread now −0.203%, 7d avg −0.052%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.151% cheaper against MEXC than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.052%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC VELODROME_USDT | 0.03007 | 0.0100 | pay 0.0050% / 4h | 3h 52m | $242K | $90K | 50x |
| Short | Bybit VELODROMEUSDT | 0.03001 | 0.0100 | get 0.0050% / 4h | 3h 52m | $808K | $330K | 20x |
MEXC VELODROME_USDT
Bybit VELODROMEUSDTFunding 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: −0.203% → −0.052%
- −$15.09
- Slippage, 4 orders
- −$319.07
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$349.16
- Costs to cover
- 3.341%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 47 min ago; Bybit: live order book, 63 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, 47 min ago | 3.35 bp | 12.8 bp −$13 | 75.3 bp −$753 | 281.9 bp −$28.2K | 599.4 bp −$299.7K |
| Sell Bybit live order book, 63 min ago | 5.00 bp | 149.9 bp −$150 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance VELODROMEUSDT | +0.0100% | 4h | 0.03008 | +0.033% | $7.7M | $1.4M | 50x | as long as short |
| Bybit VELODROMEUSDTshort | +0.0100% | 4h | 0.03001 | −0.203% | $808K | $330K | 20x | |
| MEXC VELODROME_USDTlong | +0.0100% | 4h | 0.03007 | long leg | $242K | $90K | 50x | |
| Bitget VELODROMEUSDT | +0.0100% | 4h | 0.03008 | +0.020% | $532K | $23K | 20x | as long as short |
| BingX VELODROME-USDT | +0.0100% | 4h | 0.03006 | −0.033% | — | $1.3M | — | as long as short |
| Variational Omni VELODROME | +0.0100% | 4h | 0.02999 | −0.262% | $79K | $3K | — | as long as short |
| Gate VELODROME_USDT | +0.0684% | 4h | 0.03006 | −0.033% | $125K | $6K | 20x | as long as short |
Binance VELODROMEUSDT
Bitget VELODROMEUSDT
BingX VELODROME-USDT
Variational Omni VELODROME
Gate VELODROME_USDT