XAI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0144%/8h= −15.8% APRnext payment −$0.72 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against MEXC−0.063%7-day average +0.032% · you buy dearer than you sell

Net, funding: paid 7d − costs−$160as in the Funding arb table

Net, price: spread back to 7d avg − costs−$161as in the Price arb table

costs, in and out, $10k−$1521.519% of the position

Long on MEXC Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.085%−$9 on $10k

Price spread, last 4 days (all we have)−0.022%−$2 · spread now −0.063%, 7d avg +0.032%

Together, before fees−0.107%−$11 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bybit is 0.095% cheaper against MEXC than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.032%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC XAI_USDT	0.007940	0.0100	pay 0.0050% / 4h	2h 56m	$1.9M	$433K	50x
Short	Bybit XAIUSDT	0.007935	−0.0044	pay 0.0022% / 4h	2h 56m	$657K	$398K	25x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee BybitbpOrdersPrice spread, now −0.063%Rate

Funding earned: −$30.22
Price spread: −0.063% → +0.032%: −$9.54
Slippage, 4 orders: −$140.89
Fee MEXC: 0 bp × 2 orders: $0
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$191.65
Costs to cover: 1.519%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 min ago; Bybit: live order book, 49 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, 1 min ago	3.78 bp	9.2 bp −$9	58.9 bp −$589	463.3 bp −$46.3K	doesn't fit
Sell Bybit live order book, 49 min ago	5.63 bp	65.1 bp −$65	315.9 bp −$3,159	doesn't fit	doesn't fit

XAI 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 XAIUSDTshort	−0.0044%	4h	0.007935	−0.063%	$657K	$398K	25x
BloFin XAI-USDT	+0.0043%	4h	0.007931	−0.113%	$160K	$20K	25x	as long as short
Hyperliquid XAI	+0.0100%	1h	0.007940	0.000%	$407K	$64K	3x	as long as short
Aster XAIUSDT	+0.0100%	4h	0.007932	−0.097%	$5K	$19K	5x	as long as short
Binance XAIUSDT	+0.0100%	4h	0.007941	+0.015%	$1.5M	$2.0M	25x	as long as short
Gate XAI_USDT	+0.0100%	4h	0.007930	−0.126%	$79K	$37K	50x	as long as short
MEXC XAI_USDTlong	+0.0100%	4h	0.007940	long leg	$1.9M	$433K	50x
KuCoin XAIUSDTM	+0.0100%	4h	0.007930	−0.126%	$178K	$45K	25x	as long as short
Bitget XAIUSDT	+0.0100%	4h	0.007939	−0.013%	$450K	$253K	25x	as long as short
BingX XAI-USDT	+0.0100%	4h	0.007930	−0.126%	—	$2.3M	—	as long as short