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: Bybit against MEXC+0.061%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1481.475% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 7 days−0.057%−$6 · spread now +0.061%, 7d avg +0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.052% dearer against MEXC than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XCN_USDT | 0.004404 | 0.0100 | pay 0.0050% / 4h | 2h 27m | $2.3M | $158K | 20x |
| Short | Bybit XCNUSDT | 0.004407 | 0.0100 | get 0.0050% / 4h | 2h 27m | $1.0M | $1.6M | 5x |
MEXC XCN_USDT
Bybit XCNUSDTFunding 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
- $0
- Price spread: +0.061% → +0.009%
- $5.22
- Slippage, 4 orders
- −$132.53
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$142.31
- Costs to cover
- 1.475%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; Bybit: live order book, 4 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 | 4.53 bp | 26.5 bp −$26 | 109.3 bp −$1,093 | 197.3 bp −$19.7K | doesn't fit |
| Sell Bybit live order book, 4 min ago | 1.13 bp | 48.2 bp −$48 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster XCNUSDT | +0.0100% | 1h | 0.004408 | +0.084% | $9K | $4K | 3x | as long as short |
| Bybit XCNUSDTshort | +0.0100% | 4h | 0.004407 | +0.061% | $1.0M | $1.6M | 5x | |
| Gate XCN_USDT | +0.0100% | 4h | 0.004399 | −0.114% | $351K | $98K | 10x | as long as short |
| MEXC XCN_USDTlong | +0.0100% | 4h | 0.004404 | long leg | $2.3M | $158K | 20x | |
| BingX XCN-USDT | +0.0100% | 4h | 0.004404 | 0.000% | — | $1.6M | — | as long as short |
| Variational Omni XCN | +0.0100% | 4h | 0.004409 | +0.121% | $10K | $511 | — | as long as short |
| Kraken Futures PF_XCNUSD | +0.0193% | 1h | 0.004403 | −0.022% | $2K | $2K | 10x | as long as short |
Aster XCNUSDT
Gate XCN_USDT
BingX XCN-USDT
Variational Omni XCN
Kraken Futures PF_XCNUSD