Funding you earn now, next payment 00:00 UTC+0.0015%/8h= +1.7% APRnext payment +$0.08 per $10,000 · paid last 24h −0.126%
Price spread now: Bybit against MEXC−0.025%7-day average −0.215% · you buy dearer than you sell
Net, funding: paid 7d − costs−$287as in the Funding arb table
Net, price: spread back to 7d avg − costs−$241as in the Price arb table
costs, in and out, $10k−$2602.603% of the position
Funding, last 7 days−0.267%−$27 on $10k
+Price spread, last 7 days−0.194%−$19 · spread now −0.025%, 7d avg −0.215%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Bybit is 0.191% dearer against MEXC than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of −0.215%. Mind the row above: over the last 7 days funding on this pair cost −0.267%, 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 B_USDT | 0.2020 | 0.0860 | pay 0.0430% / 4h | 2h 05m | $965K | $345K | 100x |
| Short | Bybit BUSDT | 0.2019 | 0.0875 | get 0.0438% / 4h | 2h 05m | $1.7M | $947K | 13x |
Funding 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
- $3.25
- Price spread: −0.025% → −0.215%
- $19.05
- Slippage, 4 orders
- −$245.26
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$237.96
- Costs to cover
- 2.603%
- Break-even
- 520.1 days
Slippage from MEXC: live order book, 15 min ago; Bybit: live order book, 1 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, 15 min ago | 2.47 bp | 10.1 bp −$10 | 90.5 bp −$905 | 240.3 bp −$24.0K | doesn't fit |
| Sell Bybit live order book, 1 min ago | 1.24 bp | 137.1 bp −$137 | 1255.8 bp −$12.6K | doesn't fit | doesn't fit |
B on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate B_USDT | +0.0100% | 4h | 0.2019 | −0.050% | $3.4M | $596K | 20x | as long as short |
| KuCoin BUSDTM | +0.0100% | 4h | 0.2017 | −0.134% | $1.9M | $71K | 10x | as long as short |
| edgeX BUSDC | +0.0858% | 4h | 0.2024 | +0.191% | $3K | $391K | 5x | as long as short |
| MEXC B_USDTlong | +0.0860% | 4h | 0.2020 | long leg | $965K | $345K | 100x | |
| Binance BUSDT | +0.0862% | 4h | 0.2021 | +0.050% | $11.7M | $2.0M | 20x | as long as short |
| BloFin B-USDT | +0.0863% | 4h | 0.2022 | +0.099% | $593K | $39K | 20x | as long as short |
| Extended B-USD | +0.0864% | 1h | 0.2021 | +0.067% | $15K | $117K | 5x | as long as short |
| Bybit BUSDTshort | +0.0875% | 4h | 0.2019 | −0.025% | $1.7M | $947K | 13x | |
| BingX B-USDT | +0.0982% | 4h | 0.2021 | +0.050% | — | $1.2M | — | as long as short |
| Bitget BUSDT | +0.1050% | 4h | 0.2021 | +0.050% | $2.7M | $230K | 10x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1335% | 4h | 0.2021 | +0.050% | $1.9M | $203K | 5x | as long as short |
MEXC B_USDT
Bybit BUSDT
Gate B_USDT
KuCoin BUSDTM
edgeX BUSDC
Binance BUSDT
BloFin B-USDT
Extended B-USD
BingX B-USDT
Bitget BUSDT
Aster BUSDT