EWZ

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0013%/8h= −1.4% APRnext payment −$0.13 per $10,000 · paid last 24h −0.098%

Price spread now: Bybit against MEXC0.000%7-day average +0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs−$269as in the Funding arb table

Net, price: spread back to 7d avg − costs−$267as in the Price arb table

costs, in and out, $10k−$2622.622% of the position

Long on MEXC Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.064%−$6 on $10k

Price spread, last 4 days (all we have)+0.187%+$19 · spread now 0.000%, 7d avg +0.048%

Together, before fees+0.123%+$12 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Bybit is 0.048% cheaper against MEXC than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.048%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC EWZ_USDT	38.020	0.0013	pay 0.0013% / 8h	5h 00m	$723K	$85K	50x
Short	Bybit EWZUSDT	38.020	0	get 0.0000% / 8h	5h 00m	$331K	$18K	25x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee BybitbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$2.73
Price spread: 0.000% → +0.048%: −$4.8
Slippage, 4 orders: −$251.21
Fee MEXC: 0 bp × 2 orders: $0
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$269.74
Costs to cover: 2.622%
Break-even: never at this rate

Slippage from MEXC: live order book, 55 min ago; Bybit: live order book, 54 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, 55 min ago	19.65 bp	28.6 bp −$29	55.5 bp −$555	215.5 bp −$21.6K	doesn't fit
Sell Bybit live order book, 54 min ago	13.08 bp	104.2 bp −$104	doesn't fit	doesn't fit	doesn't fit

EWZ on 13 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
tradeXYZ xyz:EWZ	−0.0430%	1h	38.045	+0.066%	$593K	$84K	20x	as long as short
Aster EWZUSDT	0.0000%	8h	38.013	−0.019%	$9K	$50	20x	as long as short
Bybit EWZUSDTshort	0.0000%	8h	38.020	0.000%	$331K	$18K	25x
OKX EWZ-USDT-SWAP	0.0000%	8h	38.000	−0.053%	$124K	$40K	20x	as long as short
Gate EWZ_USDT	0.0000%	8h	37.980	−0.105%	$61K	$7K	20x	as long as short
Bitget EWZUSDT	0.0000%	8h	38.042	+0.058%	$81K	$16K	20x	as long as short
Variational Omni EWZ	0.0000%	8h	38.023	+0.007%	$49K	$6K	—	as long as short
SunX EWZ-USDT	0.0000%	8h	38.030	+0.026%	$1K	$506K	10x	as long as short
HTX EWZ-USDT	0.0000%	8h	37.900	−0.316%	$5K	$6K	10x	as long as short
Binance EWZUSDT	+0.0012%	8h	38.026	+0.016%	$295K	$237K	20x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC EWZ_USDTlong	+0.0013%	8h	38.020	long leg	$723K	$85K	50x
KuCoin EWZUSDTM	+0.0100%	8h	38.000	−0.053%	$20K	$740K	20x	as long as short
GRVT EWZ_USDT_Perp	+0.0214%	8h	38.040	+0.053%	$35	$151K	10x	as long as short