Funding you earn now, next payment 00:00 UTC−0.0318%/8h= −34.8% APRnext payment −$3.18 per $10,000 · paid last 24h −0.015%
Price spread now: Bybit against MEXC−0.226%7-day average −0.214% · you buy dearer than you sell
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1081.083% of the position
Funding, last 7 days−0.107%−$11 on $10k
+Price spread, last 4 days (all we have)+0.010%+$1 · spread now −0.226%, 7d avg −0.214%
=The price spread sits at its 7-day average of −0.214%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.107% in total (about -5.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.18 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 CORE_USDT | 0.02212 | 0.0151 | pay 0.0151% / 8h | 1h 27m | $867K | $205K | 100x |
| Short | Bybit COREUSDT | 0.02207 | −0.0167 | pay 0.0167% / 8h | 1h 27m | $1.4M | $857K | 20x |
MEXC CORE_USDT
Bybit COREUSDTFunding 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
- −$66.82
- Price spread: −0.226% → −0.214%
- −$1.22
- Slippage, 4 orders
- −$93.32
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$176.36
- Costs to cover
- 1.083%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 48 min ago; Bybit: live order book, 3 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, 48 min ago | 4.49 bp | 21.7 bp −$22 | 75.2 bp −$752 | 127.6 bp −$12.8K | 238.7 bp −$119.4K |
| Sell Bybit live order book, 3 min ago | 6.81 bp | 36.1 bp −$36 | 280.3 bp −$2,803 | doesn't fit | doesn't fit |
CORE on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CORE | −0.0341% | 8h | 0.02207 | −0.239% | $8K | $886 | — | as long as short |
| Bybit COREUSDTshort | −0.0167% | 8h | 0.02207 | −0.226% | $1.4M | $857K | 20x | |
| OKX CORE-USDT-SWAP | +0.0100% | 8h | 0.02212 | 0.000% | $1.7M | $4.2M | 20x | as long as short |
| Gate CORE_USDT | +0.0100% | 8h | 0.02209 | −0.136% | $171K | $167K | 25x | as long as short |
| MEXC CORE_USDTlong | +0.0151% | 8h | 0.02212 | long leg | $867K | $205K | 100x | |
| BingX CORE-USDT | +0.0151% | 8h | 0.02212 | 0.000% | — | $1.3M | — | as long as short |
Variational Omni CORE
OKX CORE-USDT-SWAP
Gate CORE_USDT
BingX CORE-USDT