Funding you earn now, next payment 04:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.10 per $10,000 · paid last 24h −0.072%
Price spread now: Bybit against MEXC−0.041%7-day average −0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$503as in the Funding arb table
Net, price: spread back to 7d avg − costs−$485as in the Price arb table
costs, in and out, $10k−$4894.889% of the position
Funding, last 7 days−0.140%−$14 on $10k
+Price spread, last 7 days+0.105%+$10 · spread now −0.041%, 7d avg −0.085%
=The price spread pays, funding is against you. Bybit is 0.043% dearer against MEXC than usual: you sell high and buy low (spread −0.041% now, against its 7-day average of −0.085%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.3 days. At the pace of the last 7 days (−0.140% in total) that is about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC 4_USDT | 0.02170 | 0.0672 | pay 0.0336% / 4h | 3h 33m | $1.9M | $844K | 100x |
| Short | Bybit 4USDT | 0.02169 | 0.0652 | get 0.0326% / 4h | 3h 33m | $2.9M | $1.7M | 5x |
MEXC 4_USDT
Bybit 4USDTFunding 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
- −$4.13
- Price spread: −0.041% → −0.085%
- $4.32
- Slippage, 4 orders
- −$473.92
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$488.73
- Costs to cover
- 4.889%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Bybit: live order book, 4 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, 3 min ago | 2.30 bp | 13.2 bp −$13 | 104.1 bp −$1,041 | 256.5 bp −$25.7K | doesn't fit |
| Sell Bybit live order book, 4 min ago | 4.38 bp | 208.0 bp −$208 | 632.1 bp −$6,321 | doesn't fit | doesn't fit |
4 on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni 4 | +0.0100% | 4h | 0.02170 | −0.022% | $50K | $8K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.02169 | −0.046% | $2K | $1.1M | 20x | as long as short |
| Aster 4USDT | +0.0527% | 4h | 0.02169 | −0.032% | $248K | $95K | 5x | as long as short |
| KuCoin 4USDTM | +0.0544% | 4h | 0.02168 | −0.092% | $942K | $12.8M | 20x | as long as short |
| BingX 4-USDT | +0.0618% | 4h | 0.02169 | −0.060% | — | $1.4M | — | as long as short |
| Bybit 4USDTshort | +0.0652% | 4h | 0.02169 | −0.041% | $2.9M | $1.7M | 5x | |
| MEXC 4_USDTlong | +0.0672% | 4h | 0.02170 | long leg | $1.9M | $844K | 100x | |
| Binance 4USDT | +0.0685% | 4h | 0.02169 | −0.041% | $8.4M | $11.2M | 20x | as long as short |
| Gate 4_USDT | +0.1696% | 4h | 0.02171 | +0.028% | $594K | $243K | 20x | as long as short |
Variational Omni 4
SunX 4-USDT
Aster 4USDT
KuCoin 4USDTM
BingX 4-USDT
Binance 4USDT
Gate 4_USDT