Funding you earn now, next payment 08:00 UTC−0.0524%/8h= −57.4% APRnext payment −$2.62 per $10,000 · paid last 24h −0.116%
Price spread now: Bybit against MEXC−0.136%7-day average −0.194% · you buy dearer than you sell
Net, funding: paid 7d − costs−$696as in the Funding arb table
Net, price: spread back to 7d avg − costs−$645as in the Price arb table
costs, in and out, $10k−$6516.506% of the position
Funding, last 7 days−0.454%−$45 on $10k
+Price spread, last 7 days−0.043%−$4 · spread now −0.136%, 7d avg −0.194%
=The price spread pays, funding is against you. Bybit is 0.058% dearer against MEXC than usual: you sell high and buy low (spread −0.136% now, against its 7-day average of −0.194%): +$6 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.454% in total) that is about 21 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XAN_USDT | 0.01246 | 0.0624 | pay 0.0312% / 4h | 3h 58m | $9.0M | $108K | 50x |
| Short | Bybit XANUSDT | 0.01244 | 0.0100 | get 0.0050% / 4h | 3h 58m | $1.0M | $211K | 13x |
MEXC XAN_USDT
Bybit XANUSDTFunding 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
- −$110.04
- Price spread: −0.136% → −0.194%
- $5.77
- Slippage, 4 orders
- −$635.58
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$754.86
- Costs to cover
- 6.506%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 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, 5 min ago | 0.80 bp | 36.6 bp −$37 | 64.1 bp −$641 | 320.0 bp −$32.0K | doesn't fit |
| Sell Bybit live order book, 2 min ago | 3.21 bp | 285.1 bp −$285 | doesn't fit | doesn't fit | doesn't fit |
XAN on 9 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 XANUSDTshort | +0.0100% | 4h | 0.01244 | −0.136% | $1.0M | $211K | 13x | |
| Gate XAN_USDT | +0.0100% | 4h | 0.01246 | −0.040% | $248K | $28K | 20x | as long as short |
| KuCoin XANUSDTM | +0.0100% | 4h | 0.01247 | +0.104% | $615K | $1.7M | 50x | as long as short |
| Bitget XANUSDT | +0.0100% | 4h | 0.01246 | +0.008% | $417K | $124K | 50x | as long as short |
| Variational Omni XAN | +0.0100% | 4h | 0.01244 | −0.130% | $7K | $2K | — | as long as short |
| BingX XAN-USDT | +0.0608% | 4h | 0.01246 | −0.024% | — | $1.3M | — | as long as short |
| MEXC XAN_USDTlong | +0.0624% | 4h | 0.01246 | long leg | $9.0M | $108K | 50x | |
| Binance XANUSDT | +0.0628% | 4h | 0.01246 | +0.016% | $2.1M | $1.4M | 50x | as long as short |
| Aster XANUSDT | +0.0862% | 4h | 0.01246 | +0.027% | $45K | $8K | 5x | as long as short |
Gate XAN_USDT
KuCoin XANUSDTM
Bitget XANUSDT
Variational Omni XAN
BingX XAN-USDT
Binance XANUSDT
Aster XANUSDT