Funding you earn now, next payment 08:00 UTC−0.0056%/8h= −6.1% APRnext payment −$0.56 per $10,000 · paid last 24h +0.158%
Price spread now: MEXC against Bybit−0.739%7-day average — · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and MEXC is 0.739% cheaper against Bybit than usual: you would sell low and buy high (−$74 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XLKUSDT | 196.09 | 0 | get 0.0000% / 8h | 49m 04s | $32K | $19K | 25x |
| Short | MEXC XLK_USDT | 194.64 | −0.0056 | pay 0.0056% / 8h | 49m 04s | $1.4M | $102K | 20x |
Bybit XLKUSDT
MEXC XLK_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
- −$11.76
- Price spread: −0.739% → 0.000%
- −$73.95
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$96.71
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Bybit: no order-book sample; MEXC: live order book, 2 min ago. 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 Bybit no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 2 min ago | 21.06 bp | 24.4 bp −$24 | 39.4 bp −$394 | 193.8 bp −$19.4K | doesn't fit |
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.
XLK 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 XLK_USDTshort | −0.0056% | 8h | 194.64 | −0.739% | $1.4M | $102K | 20x | |
| Bybit XLKUSDTlong | 0.0000% | 8h | 196.09 | long leg | $32K | $19K | 25x | |
| Gate XLK_USDT | 0.0000% | 8h | 195.19 | −0.459% | $25K | $950 | 20x | as long as short |
| Bitget XLKUSDT | 0.0000% | 8h | 194.77 | −0.673% | $12K | $8K | 20x | as long as short |
| HTX XLK-USDT | 0.0000% | 8h | 194.65 | −0.734% | $3K | $41K | 20x | as long as short |
Gate XLK_USDT
Bitget XLKUSDT
HTX XLK-USDT