Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against Bybit+0.086%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1611.613% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 7 days−0.099%−$10 · spread now +0.086%, 7d avg −0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.093% dearer against Bybit than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XCNUSDT | 0.004396 | 0.0100 | pay 0.0050% / 4h | 25m 38s | $1.0M | $1.5M | 5x |
| Short | MEXC XCN_USDT | 0.004400 | 0.0100 | get 0.0050% / 4h | 25m 38s | $2.3M | $162K | 20x |
Bybit XCNUSDT
MEXC XCN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Bybit. 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: +0.086% → −0.007%
- $9.35
- Slippage, 4 orders
- −$146.35
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$152
- Costs to cover
- 1.613%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; MEXC: live order book, 1 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 Bybit live order book, 1 min ago | 3.41 bp | 48.1 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 2.28 bp | 32.2 bp −$32 | 105.9 bp −$1,059 | 191.9 bp −$19.2K | doesn't fit |
XCN on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate XCN_USDT | −0.0058% | 4h | 0.004386 | −0.232% | $347K | $98K | 10x | as long as short |
| Aster XCNUSDT | +0.0100% | 1h | 0.004399 | +0.056% | $9K | $3K | 3x | as long as short |
| Bybit XCNUSDTlong | +0.0100% | 4h | 0.004396 | long leg | $1.0M | $1.5M | 5x | |
| MEXC XCN_USDTshort | +0.0100% | 4h | 0.004400 | +0.086% | $2.3M | $162K | 20x | |
| BingX XCN-USDT | +0.0100% | 4h | 0.004398 | +0.041% | — | $1.6M | — | as long as short |
| Variational Omni XCN | +0.0100% | 4h | 0.004392 | −0.103% | $10K | $511 | — | as long as short |
| Kraken Futures PF_XCNUSD | +0.0171% | 1h | 0.004397 | +0.014% | $2K | $2K | 10x | as long as short |
Gate XCN_USDT
Aster XCNUSDT
BingX XCN-USDT
Variational Omni XCN
Kraken Futures PF_XCNUSD