Funding you earn now, next payment 08:00 UTC+0.0329%/8h= +36.0% APRnext payment +$3.29 per $10,000 · paid last 24h −0.066%
Price spread now: Bybit against MEXC−0.200%7-day average −0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$720.721% of the position
Funding, last 7 days−0.331%−$33 on $10k
+Price spread, last 4 days (all we have)+0.315%+$32 · spread now −0.200%, 7d avg −0.090%
=Funding pays, the price is against you. Bybit is 0.110% cheaper against MEXC than usual: you would sell low and buy high (spread −0.200% now, against its 7-day average of −0.090%). If the spread goes back, that is −$11 on $10k: about 27 hours of funding at the current rate (+$10 a day). Mind the row above: over the last 7 days funding on this pair cost −0.331%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SOXX_USDT | 564.20 | −0.0329 | get 0.0329% / 8h | 4h 17m | $2.8M | $141K | 50x |
| Short | Bybit SOXXUSDT | 563.07 | 0 | get 0.0000% / 8h | 4h 17m | $530K | $572K | 25x |
MEXC SOXX_USDT
Bybit SOXXUSDTFunding 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
- $69.09
- Price spread: −0.200% → −0.090%
- −$11
- Slippage, 4 orders
- −$61.06
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$13.97
- Costs to cover
- 0.721%
- Break-even
- 8.4 days
Slippage from MEXC: live order book, 5 min ago; Bybit: live order book, 33 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, 5 min ago | 1.77 bp | 1.8 bp −$2 | 2.7 bp −$27 | 156.0 bp −$15.6K | doesn't fit |
| Sell Bybit live order book, 33 min ago | 3.19 bp | 31.2 bp −$31 | 493.2 bp −$4,932 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC SOXX_USDTlong | −0.0329% | 8h | 564.20 | long leg | $2.8M | $141K | 50x | |
| Bybit SOXXUSDTshort | 0.0000% | 8h | 563.07 | −0.200% | $530K | $572K | 25x | |
| Gate SOXX_USDT | 0.0000% | 8h | 564.50 | +0.053% | $1.1M | $388K | 20x | as long as short |
| Bitget SOXXUSDT | 0.0000% | 8h | 563.91 | −0.051% | $2.6M | $720K | 20x | as long as short |
| HTX SOXX-USDT | 0.0000% | 8h | 564.45 | +0.044% | $7K | $39K | 10x | as long as short |
Gate SOXX_USDT
Bitget SOXXUSDT
HTX SOXX-USDT