Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.038%
Price spread now: Bybit against MEXC−0.143%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$890.893% of the position
Funding, last 7 days−0.097%−$10 on $10k
+Price spread, last 4 days (all we have)−0.141%−$14 · spread now −0.143%, 7d avg −0.068%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.075% cheaper against MEXC than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.068%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC WCT_USDT | 0.04195 | 0.0100 | pay 0.0050% / 4h | 27m 16s | $354K | $125K | 50x |
| Short | Bybit WCTUSDT | 0.04189 | 0.0100 | get 0.0050% / 4h | 27m 16s | $892K | $481K | 25x |
MEXC WCT_USDT
Bybit WCTUSDTFunding 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: −0.143% → −0.068%
- −$7.51
- Slippage, 4 orders
- −$74.35
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$96.85
- Costs to cover
- 0.893%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 33 min ago; Bybit: live order book, 48 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, 33 min ago | 2.39 bp | 8.9 bp −$9 | 75.8 bp −$758 | 264.5 bp −$26.4K | 430.7 bp −$215.4K |
| Sell Bybit live order book, 48 min ago | 4.80 bp | 34.6 bp −$35 | 79.3 bp −$793 | doesn't fit | doesn't fit |
WCT on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin WCT-USDT | +0.0052% | 4h | 0.04200 | +0.119% | $73K | $3K | 50x | as long as short |
| Hyperliquid WCT | +0.0100% | 1h | 0.04208 | +0.315% | $191K | $264K | 3x | as long as short |
| Binance WCTUSDT | +0.0100% | 4h | 0.04195 | −0.007% | $1.9M | $2.4M | 25x | as long as short |
| Bybit WCTUSDTshort | +0.0100% | 4h | 0.04189 | −0.143% | $892K | $481K | 25x | |
| OKX WCT-USDT-SWAP | +0.0100% | 4h | 0.04190 | −0.119% | $388K | $582K | 20x | as long as short |
| Gate WCT_USDT | +0.0100% | 8h | 0.04194 | −0.024% | $105K | $48K | 25x | as long as short |
| MEXC WCT_USDTlong | +0.0100% | 4h | 0.04195 | long leg | $354K | $125K | 50x | |
| KuCoin WCTUSDTM | +0.0100% | 4h | 0.04196 | +0.024% | $135K | $28K | 25x | as long as short |
| Bitget WCTUSDT | +0.0100% | 4h | 0.04202 | +0.167% | $399K | $312K | 25x | as long as short |
| BingX WCT-USDT | +0.0100% | 4h | 0.04195 | 0.000% | — | $6.5M | — | as long as short |
BloFin WCT-USDT
Hyperliquid WCT
Binance WCTUSDT
OKX WCT-USDT-SWAP
Gate WCT_USDT
KuCoin WCTUSDTM
Bitget WCTUSDT
BingX WCT-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni WCT | +0.0100% | 4h | 0.04197 | +0.036% | $7K | $2K | — | as long as short |
Variational Omni WCT