Funding you earn now, next payment 08:00 UTC+0.0019%/8h= +2.0% APRnext payment +$0.09 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bybit+0.037%7-day average −0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1081.080% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 7 days−0.035%−$3 · spread now +0.037%, 7d avg −0.024%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.061% dearer against Bybit than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CASHCATUSDT | 0.1636 | 0.0401 | pay 0.0201% / 4h | 1h 38m | $12.2M | $19.2M | 10x |
| Short | MEXC CASHCAT_USDT | 0.1637 | 0.0420 | get 0.0210% / 4h | 1h 38m | $8.2M | $527K | 20x |
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
- $3.89
- Price spread: +0.037% → −0.024%
- $6.06
- Slippage, 4 orders
- −$76.97
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 10 bp × 2 orders
- −$20
- Net
- −$98.02
- Costs to cover
- 1.080%
- Break-even
- 183.2 days
Slippage from Bybit: live order book, 5 min ago; MEXC: 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 Bybit live order book, 5 min ago | 3.66 bp | 31.0 bp −$31 | 97.8 bp −$978 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 3.36 bp | 19.3 bp −$19 | 193.1 bp −$1,931 | 959.6 bp −$96.0K | doesn't fit |
CASHCAT on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter CASHCAT | −0.0520% | 1h | 0.1634 | −0.128% | $1.1M | $1.8M | 3x | as long as short |
| Lighter RH CASHCAT | +0.0096% | 1h | 0.1637 | +0.043% | $339K | $955K | 3x | as long as short |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1635 | −0.067% | $44.7M | $20.3M | 3x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1635 | −0.043% | $1.5M | $2.0M | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1634 | −0.110% | $574K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1639 | +0.157% | $1.1M | $1.8M | — | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1637 | +0.087% | — | $2.4M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1637 | +0.073% | $491 | $1K | 3x | as long as short |
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1639 | +0.204% | $19K | $293K | 10x | as long as short |
| ApeX Omni CASHCATUSDT | +0.0258% | 1h | 0.1637 | +0.049% | $74K | $59K | 50x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado CASHCAT-PERP | +0.0325% | 1h | 0.1634 | −0.122% | $206K | $194K | 5x | as long as short |
| Bybit CASHCATUSDTlong | +0.0401% | 4h | 0.1636 | long leg | $12.2M | $19.2M | 10x | |
| MEXC CASHCAT_USDTshort | +0.0420% | 4h | 0.1637 | +0.037% | $8.2M | $527K | 20x | |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1636 | +0.022% | $106K | $756K | 5x | as long as short |
| edgeX CASHCATUSDC | +0.0739% | 4h | 0.1641 | +0.330% | $50K | $168K | 5x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0742% | 1h | 0.1636 | 0.000% | $64K | $1.3M | 3x | as long as short |
| Arcus CASHCAT-USD | +0.0990% | 1h | 0.1642 | +0.344% | $102K | $280K | 5x | as long as short |
| BingX CASHCAT-USDT | +0.1036% | 4h | 0.1636 | 0.000% | — | $1.1M | — | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.1044% | 4h | 0.1635 | −0.061% | $1.5M | $12.2M | 20x | as long as short |
| BloFin CASHCAT-USDT | +0.1380% | 4h | 0.1640 | +0.244% | $53K | $563K | 20x | as long as short |
| Aster CASHCATUSDT | +0.1823% | 1h | 0.1638 | +0.108% | $549K | $1.1M | 10x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1659 | +1.406% | $8K | $19K | 5.5x | as long as short |
Bybit CASHCATUSDT
MEXC CASHCAT_USDT
Lighter CASHCAT
Lighter RH CASHCAT
Hyperliquid CASHCAT
Gate CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
SunX CASHCAT-USDT
SoDEX CASHCAT-USD
HTX CASHCAT-USDT
ApeX Omni CASHCATUSDT
Extended CASHCAT-USD
edgeX CASHCATUSDC
Polymarket Perps CASHCAT-USD
BingX CASHCAT-USDT
OKX CASHCAT-USDT-SWAP
BloFin CASHCAT-USDT
Aster CASHCATUSDT
Injective CASHCAT/USDC PERP