Funding you earn now, next payment 08:00 UTC−0.0686%/8h= −75.1% APRnext payment −$6.86 per $10,000 · paid last 24h −0.119%
Price spread now: Bybit against MEXC+0.134%7-day average +0.212% · you sell dearer than you buy
Net, funding: paid 7d − costs−$442as in the Funding arb table
Net, price: spread back to 7d avg − costs−$424as in the Price arb table
costs, in and out, $10k−$4174.167% of the position
Funding, last 7 days−0.252%−$25 on $10k
+Price spread, last 4 days (all we have)+0.103%+$10 · spread now +0.134%, 7d avg +0.212%
=Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Bybit is 0.078% cheaper against MEXC than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.212%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.252% in total (about -13.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.86 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC WENSTOCK_USDT | 6.7130 | 0.0686 | pay 0.0686% / 8h | 1h 57m | $473K | $79K | 20x |
| Short | Bybit WENSTOCKUSDT | 6.7220 | 0 | get 0.0000% / 8h | 1h 57m | $152K | $381K | 25x |
MEXC WENSTOCK_USDT
Bybit WENSTOCKUSDTFunding 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
- −$144.06
- Price spread: +0.134% → +0.212%
- −$7.8
- Slippage, 4 orders
- −$405.66
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$568.52
- Costs to cover
- 4.167%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 42 min ago; Bybit: live order book, 47 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, 42 min ago | 29.06 bp | 38.8 bp −$39 | 164.3 bp −$1,643 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 47 min ago | 7.44 bp | 162.7 bp −$163 | 238.7 bp −$2,387 | doesn't fit | doesn't fit |
WENSTOCK on 3 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 WENSTOCKUSDTshort | 0.0000% | 8h | 6.7220 | +0.134% | $152K | $381K | 25x | |
| HTX WENSTOCK-USDT | 0.0000% | 8h | 6.7300 | +0.253% | $6K | $2K | 10x | as long as short |
| MEXC WENSTOCK_USDTlong | +0.0686% | 8h | 6.7130 | long leg | $473K | $79K | 20x |
HTX WENSTOCK-USDT