Funding you earn now, next payment 09:00 UTC+0.0370%/8h= +40.5% APRpaid last 24h +0.921%
Price spread now: Bybit against MEXC−0.398%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs+$190as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$740.745% of the position
Funding, last 7 days+2.649%+$265 on $10k
+Price spread, last 4 days (all we have)−0.087%−$9 · spread now −0.398%, 7d avg −0.028%
=Funding pays, the price is against you. Bybit is 0.370% cheaper against MEXC than usual: you would sell low and buy high (spread −0.398% now, against its 7-day average of −0.028%). If the spread goes back, that is −$37 on $10k: about 3.3 days of funding at the current rate (+$11 a day). At the pace of the last 7 days (+2.649% in total) that is about 23 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CVC_USDT | 0.02765 | 0.0100 | pay 0.0050% / 4h | 3h 25m | $669K | $143K | 20x |
| Short | Bybit CVCUSDT | 0.02754 | 0.0470 | get 0.0059% / 1h | 25m 57s | $1.6M | $1.9M | 25x |
MEXC CVC_USDT
Bybit CVCUSDTFunding 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
- $77.73
- Price spread: −0.398% → −0.028%
- −$37
- Slippage, 4 orders
- −$59.46
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$33.73
- Costs to cover
- 0.745%
- Break-even
- 10.0 days
Slippage from MEXC: live order book, 64 min ago; Bybit: live order book, 5 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, 64 min ago | 1.86 bp | 7.9 bp −$8 | 33.3 bp −$333 | 190.8 bp −$19.1K | doesn't fit |
| Sell Bybit live order book, 5 min ago | 1.83 bp | 30.9 bp −$31 | 232.4 bp −$2,324 | doesn't fit | doesn't fit |
CVC on 8 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 CVC_USDT | −0.0282% | 4h | 0.02759 | −0.217% | $199K | $326K | 25x | as long as short |
| Variational Omni CVC | +0.0100% | 1h | 0.02723 | −1.517% | $2K | $1K | — | as long as short |
| Binance CVCUSDT | +0.0100% | 4h | 0.02763 | −0.072% | $2.8M | $6.0M | 50x | as long as short |
| MEXC CVC_USDTlong | +0.0100% | 4h | 0.02765 | long leg | $669K | $143K | 20x | |
| KuCoin CVCUSDTM | +0.0100% | 4h | 0.02761 | −0.145% | $1.3M | $462K | 30x | as long as short |
| Bitget CVCUSDT | +0.0100% | 4h | 0.02763 | −0.072% | $479K | $660K | 50x | as long as short |
| BingX CVC-USDT | +0.0102% | 4h | 0.02761 | −0.145% | — | $2.4M | — | as long as short |
| Bybit CVCUSDTshort | +0.0470% | 1h | 0.02754 | −0.398% | $1.6M | $1.9M | 25x |
Gate CVC_USDT
Variational Omni CVC
Binance CVCUSDT
KuCoin CVCUSDTM
Bitget CVCUSDT
BingX CVC-USDT