Funding you earn now, next payment 08:00 UTC−0.0035%/8h= −3.8% APRnext payment −$0.35 per $10,000 · paid last 24h −0.017%
Price spread now: MEXC against Bybit+0.036%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$210.214% of the position
Funding, last 7 days−0.085%−$8 on $10k
+Price spread, last 7 days−0.022%−$2 · spread now +0.036%, 7d avg +0.016%
=The price spread sits at its 7-day average of +0.016%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ARBUSDT | 0.2219 | −0.0099 | get 0.0099% / 8h | 5h 28m | $56.4M | $126.0M | 50x |
| Short | MEXC ARB_USDT | 0.2219 | −0.0134 | pay 0.0134% / 8h | 5h 28m | $38.1M | $59.2M | 200x |
Funding 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
- −$7.37
- Price spread: +0.036% → +0.016%
- $1.99
- Slippage, 4 orders
- −$10.44
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$26.82
- Costs to cover
- 0.214%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; MEXC: live order book, 5 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, 5 min ago | 0.22 bp | 9.6 bp −$10 | 20.7 bp −$207 | 51.1 bp −$5,106 | doesn't fit |
| Sell MEXC live order book, 5 min ago | 0.22 bp | 0.5 bp −$1 | 9.4 bp −$94 | 40.3 bp −$4,028 | 73.4 bp −$36.7K |
ARB on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1577% | 1h | 0.2212 | −0.297% | $40K | $372K | 12x | as long as short |
| Variational Omni ARB | −0.0152% | 8h | 0.2226 | +0.315% | $1.9M | $2.9M | — | as long as short |
| 01 Exchange ARBUSD | −0.0136% | 1h | 0.2222 | +0.140% | $7K | $2K | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0134% | 8h | 0.2218 | −0.036% | $22.3M | $150.7M | 50x | as long as short |
| MEXC ARB_USDTshort | −0.0134% | 8h | 0.2219 | +0.036% | $38.1M | $59.2M | 200x | |
| SoDEX ARB-USD | −0.0115% | 1h | 0.2220 | +0.059% | $10K | $2.4M | 5x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0110% | 1h | 0.2221 | +0.104% | $24K | $34K | 25x | as long as short |
| Bybit ARBUSDTlong | −0.0099% | 8h | 0.2219 | long leg | $56.4M | $126.0M | 50x | |
| Kraken Futures PF_ARBUSD | −0.0098% | 1h | 0.2221 | +0.131% | $1.1M | $4.5M | 50x | as long as short |
| Gate ARB_USDT | −0.0096% | 8h | 0.2220 | +0.068% | $5.4M | $19.1M | 60x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ARB-USD | −0.0094% | 1h | 0.2221 | +0.126% | $96K | $2.1M | 10x | as long as short |
| Orderly PERP_ARB_USDC | −0.0071% | 8h | 0.2221 | +0.108% | $13K | $386K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2221 | +0.104% | $66K | $5K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0013% | 1h | 0.2222 | +0.170% | $11K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0013% | 8h | 0.2220 | +0.059% | $64.7M | $307.7M | 75x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2218 | −0.048% | $355K | $2.5M | 25x | as long as short |
| ApeX Omni ARBUSDT | +0.0020% | 1h | 0.2227 | +0.379% | $120K | $283K | 50x | as long as short |
| BloFin ARB-USDT | +0.0053% | 8h | 0.2222 | +0.158% | $3.1M | $2.7M | 75x | as long as short |
| Bitget ARBUSDT | +0.0087% | 8h | 0.2218 | −0.027% | $21.2M | $34.7M | 50x | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2221 | +0.131% | $141K | $7K | 3x | as long as short |
| BingX ARB-USDT | +0.0093% | 8h | 0.2219 | +0.005% | — | $53.9M | — | as long as short |
| Phemex ARBUSDT | +0.0096% | 8h | 0.2222 | +0.153% | $5.0M | $12.9M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2220 | +0.054% | $1.2M | $6.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2221 | +0.122% | $38.5M | $49.8M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2222 | +0.140% | $651K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2220 | +0.063% | $42K | $175K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2220 | +0.059% | $19.6M | $15.4M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2223 | +0.221% | $40K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2228 | +0.424% | $483K | $3.6M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2224 | +0.243% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2222 | +0.158% | $298K | $938K | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2230 | +0.514% | $509K | $2.0M | 50x | as long as short |
| RISEx ARB/USDC | +0.0232% | 1h | 0.2219 | +0.030% | $488K | $2.7M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2222 | +0.155% | $829K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2221 | +0.103% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0566% | 1h | 0.2223 | +0.207% | $1.0M | $2.8M | 20x | as long as short |
Bybit ARBUSDT
MEXC ARB_USDT
Injective ARB/USDC PERP
Variational Omni ARB
01 Exchange ARBUSD
OKX ARB-USDT-SWAP
SoDEX ARB-USD
Deribit ARB_USDC-PERPETUAL
Kraken Futures PF_ARBUSD
Gate ARB_USDT
Polymarket Perps ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
ApeX Omni ARBUSDT
BloFin ARB-USDT
Bitget ARBUSDT
BingX ARB-USDT
Phemex ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
HTX ARB-USDT
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Backpack ARB_USDC_PERP