Funding you earn now, next payment 04:00 UTC−0.0138%/8h= −15.1% APRnext payment −$0.69 per $10,000 · paid last 24h −0.046%
Price spread now: Bybit against MEXC−0.058%7-day average −0.132% · you buy dearer than you sell
Net, funding: paid 7d − costs−$410as in the Funding arb table
Net, price: spread back to 7d avg − costs−$364as in the Price arb table
costs, in and out, $10k−$3713.715% of the position
Funding, last 7 days−0.389%−$39 on $10k
+Price spread, last 4 days (all we have)−0.104%−$10 · spread now −0.058%, 7d avg −0.132%
=The price spread pays, funding is against you. Bybit is 0.074% dearer against MEXC than usual: you sell high and buy low (spread −0.058% now, against its 7-day average of −0.132%): +$7 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 43 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC WET_USDT | 0.06887 | 0.0238 | pay 0.0119% / 4h | 2h 48m | $178K | $92K | 50x |
| Short | Bybit WETUSDT | 0.06883 | 0.0100 | get 0.0050% / 4h | 2h 48m | $1.5M | $469K | 50x |
MEXC WET_USDT
Bybit WETUSDTFunding 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
- −$28.98
- Price spread: −0.058% → −0.132%
- $7.44
- Slippage, 4 orders
- −$356.49
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$393.03
- Costs to cover
- 3.715%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 56 min ago; Bybit: live order book, 2 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, 56 min ago | 0.76 bp | 22.5 bp −$22 | 99.6 bp −$996 | 386.0 bp −$38.6K | doesn't fit |
| Sell Bybit live order book, 2 min ago | 6.60 bp | 130.8 bp −$131 | 683.0 bp −$6,830 | doesn't fit | doesn't fit |
WET on 10 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 WETUSDTshort | +0.0100% | 4h | 0.06883 | −0.058% | $1.5M | $469K | 50x | |
| OKX WET-USDT-SWAP | +0.0100% | 4h | 0.06891 | +0.058% | $705K | $462K | 20x | as long as short |
| Gate WET_USDT | +0.0100% | 8h | 0.06873 | −0.203% | $1.0M | $37K | 50x | as long as short |
| KuCoin WETUSDTM | +0.0100% | 4h | 0.06880 | −0.102% | $715K | $691K | 50x | as long as short |
| Bitget WETUSDT | +0.0100% | 4h | 0.06872 | −0.218% | $584K | $89K | 25x | as long as short |
| BloFin WET-USDT | +0.0150% | 4h | 0.06810 | −1.118% | $76K | $7K | 50x | as long as short |
| MEXC WET_USDTlong | +0.0238% | 4h | 0.06887 | long leg | $178K | $92K | 50x | |
| BingX WET-USDT | +0.0258% | 4h | 0.06882 | −0.073% | — | $6.5M | — | as long as short |
| Binance WETUSDT | +0.0261% | 4h | 0.06893 | +0.087% | $1.2M | $1.7M | 50x | as long as short |
| Aster WETUSDT | +0.1082% | 4h | 0.06837 | −0.720% | $14K | $30K | 5x | as long as short |
OKX WET-USDT-SWAP
Gate WET_USDT
KuCoin WETUSDTM
Bitget WETUSDT
BloFin WET-USDT
BingX WET-USDT
Binance WETUSDT
Aster WETUSDT