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: MEXC against Bybit+0.161%7-day average +0.094% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$870.869% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 7 days−0.043%−$4 · spread now +0.161%, 7d avg +0.094%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.067% dearer against Bybit than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.094%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit WUSDT | 0.01178 | 0.0100 | pay 0.0050% / 4h | 43m 04s | $4.1M | $1.6M | 50x |
| Short | MEXC W_USDT | 0.01180 | 0.0100 | get 0.0050% / 4h | 43m 04s | $12.3M | $1.3M | 50x |
Bybit WUSDT
MEXC W_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: +0.161% → +0.094%
- $6.71
- Slippage, 4 orders
- −$71.91
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$80.2
- Costs to cover
- 0.869%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; MEXC: live order book, 5 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, 5 min ago | 5.92 bp | 34.6 bp −$35 | 137.6 bp −$1,376 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 2.54 bp | 12.5 bp −$13 | 55.3 bp −$553 | 90.3 bp −$9,035 | 160.6 bp −$80.3K |
W on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit W_USDC-PERPETUAL | −0.0174% | 1h | 0.01180 | +0.195% | $14K | $4K | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +2.658% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01180 | +0.195% | $2.0M | $275K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01180 | +0.156% | $3.0M | $5.2M | 50x | as long as short |
| Bybit WUSDTlong | +0.0100% | 4h | 0.01178 | long leg | $4.1M | $1.6M | 50x | |
| OKX W-USDT-SWAP | +0.0100% | 4h | 0.01179 | +0.068% | $1.3M | $1.5M | 20x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01179 | +0.093% | $428K | $233K | 75x | as long as short |
| MEXC W_USDTshort | +0.0100% | 4h | 0.01180 | +0.161% | $12.3M | $1.3M | 50x | |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01179 | +0.110% | $388K | $192K | 50x | as long as short |
| Bitget WUSDT | +0.0100% | 4h | 0.01180 | +0.195% | $1.3M | $568K | 50x | as long as short |
Deribit W_USDC-PERPETUAL
Injective W/USDC PERP
Hyperliquid W
Binance WUSDT
OKX W-USDT-SWAP
Gate W_USDT
KuCoin WUSDTM
Bitget WUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX W-USDT | +0.0100% | 4h | 0.01179 | +0.102% | — | $6.7M | — | as long as short |
| Variational Omni W | +0.0100% | 4h | 0.01179 | +0.121% | $71K | $41K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01182 | +0.348% | $126K | $378K | 10x | as long as short |
| Extended W-USD | +0.0104% | 1h | 0.01180 | +0.162% | $62K | $322K | 5x | as long as short |
| Backpack W_USDC_PERP | +0.0182% | 1h | 0.01181 | +0.289% | $46K | $53K | 15x | as long as short |
| Coinbase International W-PERP-INTX | +0.0384% | 1h | 0.01186 | +0.696% | $13K | $13K | 50x | as long as short |
| Kraken Futures PF_WUSD | +0.1320% | 1h | 0.01181 | +0.291% | $147K | $84K | 20x | as long as short |
BingX W-USDT
Variational Omni W
GRVT W_USDT_Perp
Extended W-USD
Backpack W_USDC_PERP
Coinbase International W-PERP-INTX
Kraken Futures PF_WUSD