Funding you earn now, next payment 11:00 UTC−0.0236%/8h= −25.8% APRpaid last 24h −0.816%
Price spread now: MEXC against Bybit+0.433%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$347as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$710.710% of the position
Funding, last 7 days−2.763%−$276 on $10k
+Price spread, last 4 days (all we have)−0.371%−$37 · spread now +0.433%, 7d avg +0.031%
=The price spread pays, funding is against you. MEXC is 0.402% dearer against Bybit than usual: you sell high and buy low (spread +0.433% now, against its 7-day average of +0.031%): +$40 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 5.7 days. At the pace of the last 7 days (−2.763% in total) that is about 24 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CVCUSDT | 0.02773 | 0 | get 0.0000% / 1h | 6m 23s | $1.6M | $1.7M | 25x |
| Short | MEXC CVC_USDT | 0.02785 | −0.0236 | pay 0.0118% / 4h | 1h 06m | $726K | $151K | 20x |
Bybit CVCUSDT
MEXC CVC_USDTFunding 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
- −$49.56
- Price spread: +0.433% → +0.031%
- $40.2
- Slippage, 4 orders
- −$55.97
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$80.33
- Costs to cover
- 0.710%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; MEXC: live order book, 32 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, 3 min ago | 1.81 bp | 27.0 bp −$27 | 379.6 bp −$3,796 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 32 min ago | 1.81 bp | 9.1 bp −$9 | 28.8 bp −$288 | 215.0 bp −$21.5K | doesn't fit |
CVC on 8 exchanges
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 CVC_USDT | −0.1056% | 4h | 0.02785 | +0.433% | $186K | $315K | 25x | as long as short |
| Bitget CVCUSDT | −0.0264% | 4h | 0.02784 | +0.397% | $420K | $741K | 50x | as long as short |
| Binance CVCUSDT | −0.0237% | 4h | 0.02784 | +0.409% | $2.8M | $5.9M | 50x | as long as short |
| MEXC CVC_USDTshort | −0.0236% | 4h | 0.02785 | +0.433% | $726K | $151K | 20x | |
| BingX CVC-USDT | −0.0062% | 4h | 0.02782 | +0.325% | — | $2.4M | — | as long as short |
| Bybit CVCUSDTlong | 0.0000% | 1h | 0.02773 | long leg | $1.6M | $1.7M | 25x | |
| Variational Omni CVC | +0.0081% | 1h | 0.02761 | −0.422% | $2K | $1K | — | as long as short |
| KuCoin CVCUSDTM | +0.0100% | 4h | 0.02786 | +0.469% | $1.3M | $451K | 30x | as long as short |
Gate CVC_USDT
Bitget CVCUSDT
Binance CVCUSDT
BingX CVC-USDT
Variational Omni CVC
KuCoin CVCUSDTM