Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC−0.142%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$185as in the Funding arb table
Net, price: spread back to 7d avg − costs−$201as in the Price arb table
costs, in and out, $10k−$1851.845% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.337%+$34 · spread now −0.142%, 7d avg +0.018%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.161% cheaper against MEXC than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC WAVES_USDT | 0.2809 | 0.0328 | pay 0.0328% / 8h | 2h 40m | $469K | $127K | 20x |
| Short | Bybit WAVESUSDT | 0.2805 | 0.0329 | get 0.0329% / 8h | 2h 40m | $1.6M | $1.5M | 20x |
MEXC WAVES_USDT
Bybit WAVESUSDTFunding 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
- $0.18
- Price spread: −0.142% → +0.018%
- −$16.08
- Slippage, 4 orders
- −$169.53
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$200.43
- Costs to cover
- 1.845%
- Break-even
- 7775.7 days
Slippage from MEXC: live order book, 63 min ago; Bybit: 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 MEXC live order book, 63 min ago | 3.54 bp | 50.8 bp −$51 | 64.9 bp −$649 | 106.5 bp −$10.7K | doesn't fit |
| Sell Bybit live order book, 5 min ago | 3.55 bp | 47.5 bp −$47 | 192.5 bp −$1,925 | doesn't fit | doesn't fit |
WAVES on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin WAVESUSDTM | +0.0100% | 8h | 0.2819 | +0.356% | $361K | $35K | 20x | as long as short |
| BingX WAVES-USDT | +0.0324% | 8h | 0.2809 | 0.000% | — | $1.3M | — | as long as short |
| MEXC WAVES_USDTlong | +0.0328% | 8h | 0.2809 | long leg | $469K | $127K | 20x | |
| Bybit WAVESUSDTshort | +0.0329% | 8h | 0.2805 | −0.142% | $1.6M | $1.5M | 20x | |
| BloFin WAVES-USDT | +0.0335% | 8h | 0.2810 | +0.036% | $90K | $23K | 20x | as long as short |
| Variational Omni WAVES | +0.0377% | 8h | 0.2807 | −0.069% | $275 | $2K | — | as long as short |
KuCoin WAVESUSDTM
BingX WAVES-USDT
BloFin WAVES-USDT
Variational Omni WAVES