Funding you earn now, next payment 16:00 UTC+0.0631%/8h= +69.1% APRnext payment +$6.31 per $10,000 · paid last 24h +0.149%
Price spread now: MEXC against Bybit−0.130%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. MEXC is 0.130% cheaper against Bybit than usual: you would sell low and buy high (spread −0.130% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 17 hours of funding at the current rate (+$19 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BITOUSDT | 11.515 | 0 | get 0.0000% / 8h | 7h 38m | $36K | $36K | 25x |
| Short | MEXC BITO_USDT | 11.500 | 0.0631 | get 0.0631% / 8h | 7h 38m | $121K | $85K | 20x |
Bybit BITOUSDT
MEXC BITO_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
- $132.51
- Price spread: −0.130% → 0.000%
- −$13.03
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $108.48
- Costs to cover
- 0.110%
- Break-even
- 1.3 days
Slippage unknown: Bybit: no order-book sample; MEXC: live order book, 31 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 31 min ago | 13.05 bp | 58.6 bp −$59 | 133.2 bp −$1,332 | 211.7 bp −$21.2K | doesn't fit |
Bybit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BITO 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX BITOUSDC | −0.0292% | 4h | 11.513 | −0.016% | $23K | $272K | 10x | as long as short |
| Bybit BITOUSDTlong | 0.0000% | 8h | 11.515 | long leg | $36K | $36K | 25x | |
| Gate BITO_USDT | 0.0000% | 8h | 11.500 | −0.130% | $29K | $33K | 20x | as long as short |
| Bitget BITOUSDT | 0.0000% | 8h | 11.493 | −0.191% | $1.3M | $1.3M | 20x | as long as short |
| HTX BITO-USDT | 0.0000% | 8h | 11.520 | +0.043% | $5K | $291K | 10x | as long as short |
| Binance BITOUSDT | +0.0627% | 8h | 11.516 | +0.009% | $252K | $2.0M | 25x | as long as short |
| MEXC BITO_USDTshort | +0.0631% | 8h | 11.500 | −0.130% | $121K | $85K | 20x |
edgeX BITOUSDC
Gate BITO_USDT
Bitget BITOUSDT
HTX BITO-USDT
Binance BITOUSDT