Funding you earn now, next payment 04:00 UTC+0.0427%/8h= +46.8% APRpaid last 24h −0.055%
Price spread now: Bybit against MEXC−0.349%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$327as in the Funding arb table
Net, price: spread back to 7d avg − costs−$355as in the Price arb table
costs, in and out, $10k−$3243.240% of the position
Funding, last 7 days−0.031%−$3 on $10k
+Price spread, last 4 days (all we have)+0.265%+$26 · spread now −0.349%, 7d avg −0.041%
=Funding pays, the price is against you. Bybit is 0.309% cheaper against MEXC than usual: you would sell low and buy high (spread −0.349% now, against its 7-day average of −0.041%). If the spread goes back, that is −$31 on $10k: about 2.4 days of funding at the current rate (+$13 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.031% in total (about -1.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CSOPSKHYNIX2L_USDT | 6.0120 | 0.5260 | pay 0.2630% / 4h | 3h 32m | $177K | $83K | 10x |
| Short | Bybit CSOPSKHYNIX2LUSDT | 5.9910 | 0.5687 | get 0.5687% / 8h | 7h 32m | $111K | $84K | 20x |
MEXC CSOPSKHYNIX2L_USDT
Bybit CSOPSKHYNIX2LUSDTFunding 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
- $89.7
- Price spread: −0.349% → −0.041%
- −$30.88
- Slippage, 4 orders
- −$312.99
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$265.16
- Costs to cover
- 3.240%
- Break-even
- 27.7 days
Slippage from MEXC: live order book, 13 min ago; Bybit: live order book, 22 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, 13 min ago | 10.79 bp | 18.2 bp −$18 | 80.5 bp −$805 | 210.2 bp −$21.0K | doesn't fit |
| Sell Bybit live order book, 22 min ago | 5.85 bp | 79.8 bp −$80 | doesn't fit | doesn't fit | doesn't fit |
CSOPSKHYNIX2L 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 CSOPSKHYNIX2L_USDT | +0.1516% | 4h | 5.9890 | −0.383% | $66K | $3K | 20x | as long as short |
| OKX CSOPSKHYNIX2L-USDT-SWAP | +0.1686% | 8h | 6.0020 | −0.166% | $143K | $138K | 10x | as long as short |
| HTX CSOPSKHYNIX2L-USDT | +0.4539% | 4h | 6.0400 | +0.466% | $24K | $336K | 10x | as long as short |
| BloFin CSOPSKHYNIX2L-USDT | +0.5241% | 4h | 6.0000 | −0.200% | — | $170K | 20x | as long as short |
| MEXC CSOPSKHYNIX2L_USDTlong | +0.5260% | 4h | 6.0120 | long leg | $177K | $83K | 10x | |
| Binance CSOPSKHYNIX2LUSDT | +0.5279% | 4h | 6.0084 | −0.060% | $1.7M | $3.4M | 20x | as long as short |
| Bybit CSOPSKHYNIX2LUSDTshort | +0.5687% | 8h | 5.9910 | −0.349% | $111K | $84K | 20x |
Gate CSOPSKHYNIX2L_USDT
OKX CSOPSKHYNIX2L-USDT-SWAP
HTX CSOPSKHYNIX2L-USDT
BloFin CSOPSKHYNIX2L-USDT
Binance CSOPSKHYNIX2LUSDT