Funding you earn now, next payment 04:00 UTC+0.0583%/8h= +63.8% APRnext payment +$2.91 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bybit+0.177%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$820.821% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)−0.126%−$13 · spread now +0.177%, 7d avg +0.056%
=Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and MEXC is 0.120% dearer against Bybit than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.056%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.019% in total (about 1.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.91 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AIXBTUSDT | 0.02264 | −0.0483 | get 0.0241% / 4h | 3h 52m | $1.2M | $983K | 25x |
| Short | MEXC AIXBT_USDT | 0.02268 | 0.0100 | get 0.0050% / 4h | 3h 52m | $474K | $187K | 100x |
Bybit AIXBTUSDT
MEXC AIXBT_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
- $122.37
- Price spread: +0.177% → +0.056%
- $12.03
- Slippage, 4 orders
- −$67.1
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $52.3
- Costs to cover
- 0.821%
- Break-even
- 4.0 days
Slippage from Bybit: live order book, 3 min ago; MEXC: live order book, 12 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, 3 min ago | 4.43 bp | 22.8 bp −$23 | 973.2 bp −$9,732 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 12 min ago | 2.20 bp | 14.0 bp −$14 | 52.1 bp −$521 | 136.8 bp −$13.7K | doesn't fit |
AIXBT on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AIXBTUSD | −0.1551% | 1h | 0.02264 | +0.012% | $18K | $7K | 10x | as long as short |
| Bybit AIXBTUSDTlong | −0.0483% | 4h | 0.02264 | long leg | $1.2M | $983K | 25x | |
| BloFin AIXBT-USDT | +0.0058% | 4h | 0.02268 | +0.177% | $119K | $65K | 50x | as long as short |
| Variational Omni AIXBT | +0.0100% | 4h | 0.02270 | +0.251% | $100K | $11K | — | as long as short |
| Hyperliquid AIXBT | +0.0100% | 1h | 0.02269 | +0.208% | $376K | $180K | 3x | as long as short |
| Binance AIXBTUSDT | +0.0100% | 4h | 0.02268 | +0.169% | $2.4M | $2.9M | 50x | as long as short |
| OKX AIXBT-USDT-SWAP | +0.0100% | 4h | 0.02267 | +0.133% | $460K | $1.5M | 20x | as long as short |
| Gate AIXBT_USDT | +0.0100% | 4h | 0.02268 | +0.177% | $201K | $97K | 25x | as long as short |
| MEXC AIXBT_USDTshort | +0.0100% | 4h | 0.02268 | +0.177% | $474K | $187K | 100x | |
| KuCoin AIXBTUSDTM | +0.0100% | 4h | 0.02268 | +0.177% | $1.2M | $1.4M | 30x | as long as short |
Kraken Futures PF_AIXBTUSD
BloFin AIXBT-USDT
Variational Omni AIXBT
Hyperliquid AIXBT
Binance AIXBTUSDT
OKX AIXBT-USDT-SWAP
Gate AIXBT_USDT
KuCoin AIXBTUSDTMShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AIXBTUSDT | +0.0100% | 4h | 0.02271 | +0.309% | $639K | $462K | 20x | as long as short |
| BingX AIXBT-USDT | +0.0100% | 4h | 0.02267 | +0.133% | — | $6.6M | — | as long as short |
| GMX AIXBT/USD [ETH-USDC] | L +0.0270% / S −0.0489% | 1h | 0.02267 | +0.124% | $5K | — | 100x | as long as short |
| Reya AIXBTRUSDPERP | +0.0372% | 1h | 0.02266 | +0.106% | — | — | — | as long as short |
Bitget AIXBTUSDT
BingX AIXBT-USDT
GMX AIXBT/USD [ETH-USDC]
Reya AIXBTRUSDPERP