Funding you earn now, next payment 08:00 UTC−0.0825%/8h= −90.3% APRnext payment −$8.25 per $10,000 · paid last 24h −0.081%
Price spread now: Bybit against MEXC+0.156%7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. Bybit is 0.156% dearer against MEXC than usual: you sell high and buy low (spread +0.156% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$25 a day in funding at the current rate, which eats that in about 15 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BITO_USDT | 11.520 | 0.0825 | pay 0.0825% / 8h | 3h 02m | $121K | $87K | 20x |
| Short | Bybit BITOUSDT | 11.538 | 0 | get 0.0000% / 8h | 3h 02m | $36K | $36K | 25x |
MEXC BITO_USDT
Bybit BITOUSDTFunding 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
- −$173.25
- Price spread: +0.156% → 0.000%
- $15.63
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$168.62
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 22 min ago; Bybit: no order-book sample. 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 MEXC live order book, 22 min ago | 13.02 bp | 34.2 bp −$34 | 128.1 bp −$1,281 | 234.3 bp −$23.4K | doesn't fit |
| Sell Bybit no order-book sample | — | — | — | — | — |
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 | −0.0113% | 4h | 11.523 | +0.026% | $23K | $271K | 10x | as long as short |
| Bybit BITOUSDTshort | 0.0000% | 8h | 11.538 | +0.156% | $36K | $36K | 25x | |
| Gate BITO_USDT | 0.0000% | 8h | 11.532 | +0.104% | $29K | $34K | 20x | as long as short |
| Bitget BITOUSDT | 0.0000% | 8h | 11.545 | +0.217% | $728K | $1.3M | 20x | as long as short |
| HTX BITO-USDT | 0.0000% | 8h | 11.530 | +0.087% | $5K | $286K | 10x | as long as short |
| Binance BITOUSDT | +0.0820% | 8h | 11.523 | +0.028% | $258K | $2.0M | 25x | as long as short |
| MEXC BITO_USDTlong | +0.0825% | 8h | 11.520 | long leg | $121K | $87K | 20x |
edgeX BITOUSDC
Gate BITO_USDT
Bitget BITOUSDT
HTX BITO-USDT
Binance BITOUSDT