Funding you earn now, next payment 08:00 UTC−0.0281%/8h= −30.8% APRnext payment −$2.81 per $10,000 · paid last 24h +0.066%
Price spread now: MEXC against Bybit+0.423%7-day average +0.099% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$990.991% of the position
Funding, last 7 days+0.331%+$33 on $10k
+Price spread, last 4 days (all we have)−0.476%−$48 · spread now +0.423%, 7d avg +0.099%
=The price spread pays, funding is against you. MEXC is 0.324% dearer against Bybit than usual: you sell high and buy low (spread +0.423% now, against its 7-day average of +0.099%): +$32 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 3.8 days. Mind the row above: over the last 7 days funding on this pair paid +0.331%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SOXXUSDT | 552.89 | 0 | get 0.0000% / 8h | 1h 41m | $507K | $578K | 25x |
| Short | MEXC SOXX_USDT | 555.23 | −0.0281 | pay 0.0281% / 8h | 1h 41m | $2.7M | $136K | 50x |
Bybit SOXXUSDT
MEXC SOXX_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
- −$59.01
- Price spread: +0.423% → +0.099%
- $32.45
- Slippage, 4 orders
- −$88.15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$125.71
- Costs to cover
- 0.991%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 59 min ago; MEXC: live order book, 6 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 Bybit live order book, 59 min ago | 3.34 bp | 39.8 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 6 min ago | 8.73 bp | 8.7 bp −$9 | 9.5 bp −$95 | 156.0 bp −$15.6K | 270.7 bp −$135.4K |
SOXX on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SOXXUSDT | −0.0287% | 8h | 554.72 | +0.331% | $2.6M | $717K | 20x | as long as short |
| MEXC SOXX_USDTshort | −0.0281% | 8h | 555.23 | +0.423% | $2.7M | $136K | 50x | |
| Bybit SOXXUSDTlong | 0.0000% | 8h | 552.89 | long leg | $507K | $578K | 25x | |
| Gate SOXX_USDT | 0.0000% | 8h | 554.40 | +0.273% | $1.1M | $400K | 20x | as long as short |
| HTX SOXX-USDT | 0.0000% | 8h | 549.67 | −0.582% | $7K | $40K | 10x | as long as short |
Bitget SOXXUSDT
Gate SOXX_USDT
HTX SOXX-USDT