Funding you earn now, next payment 08:00 UTC+0.0538%/8h= +58.9% APRnext payment +$2.69 per $10,000 · paid last 24h +0.001%
Price spread now: Bybit against MEXC−0.029%7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$630.634% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 7 days+0.084%+$8 · spread now −0.029%, 7d avg +0.036%
=Funding pays, the price is against you. Bybit is 0.065% cheaper against MEXC than usual: you would sell low and buy high (spread −0.029% now, against its 7-day average of +0.036%). If the spread goes back, that is −$7 on $10k: about 10 hours of funding at the current rate (+$16 a day). At the pace of the last 7 days (+0.001% in total) that is about years.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.001% in total (about 0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.69 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 | MEXC BANK_USDT | 0.03452 | 0.0294 | pay 0.0147% / 4h | 2h 47m | $2.5M | $507K | 20x |
| Short | Bybit BANKUSDT | 0.03451 | 0.0832 | get 0.0416% / 4h | 2h 47m | $2.8M | $6.5M | 20x |
MEXC BANK_USDT
Bybit BANKUSDTFunding 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
- $112.9
- Price spread: −0.029% → +0.036%
- −$6.52
- Slippage, 4 orders
- −$52.39
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $43
- Costs to cover
- 0.634%
- Break-even
- 4.3 days
Slippage from MEXC: live order book, 5 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, 5 min ago | 1.45 bp | 4.7 bp −$5 | 22.1 bp −$221 | 105.2 bp −$10.5K | 368.7 bp −$184.4K |
| Sell Bybit live order book, 1 min ago | 1.45 bp | 27.7 bp −$28 | 237.5 bp −$2,375 | doesn't fit | doesn't fit |
BANK 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BANKUSDT | +0.0100% | 4h | 0.03450 | −0.066% | $54K | $93K | 5x | as long as short |
| Gate BANK_USDT | +0.0100% | 4h | 0.03453 | +0.029% | $719K | $1.3M | 10x | as long as short |
| KuCoin BANKUSDTM | +0.0100% | 4h | 0.03451 | −0.029% | $1.2M | $152K | 50x | as long as short |
| HTX BANK-USDT | +0.0100% | 4h | 0.03454 | +0.058% | $40K | $231K | 20x | as long as short |
| Binance BANKUSDT | +0.0287% | 4h | 0.03452 | 0.000% | $7.5M | $31.2M | 50x | as long as short |
| MEXC BANK_USDTlong | +0.0294% | 4h | 0.03452 | long leg | $2.5M | $507K | 20x | |
| edgeX BANKUSDC | +0.0302% | 4h | 0.03452 | −0.013% | $1K | $246K | 5x | as long as short |
| BloFin BANK-USDT | +0.0527% | 4h | 0.03451 | −0.029% | $433K | $83K | 50x | as long as short |
| Bitget BANKUSDT | +0.0726% | 4h | 0.03455 | +0.087% | $2.8M | $3.5M | 25x | as long as short |
| Bybit BANKUSDTshort | +0.0832% | 4h | 0.03451 | −0.029% | $2.8M | $6.5M | 20x |
Aster BANKUSDT
Gate BANK_USDT
KuCoin BANKUSDTM
HTX BANK-USDT
Binance BANKUSDT
edgeX BANKUSDC
BloFin BANK-USDT
Bitget BANKUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BANK-USDT | +0.0890% | 4h | 0.03453 | +0.029% | — | $6.9M | — | as long as short |
BingX BANK-USDT