DEXE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0471%/8h= −51.6% APRnext payment −$2.35 per $10,000 · paid last 24h −0.046%

Price spread now: MEXC against Bybit−0.154%7-day average −0.093% · you buy dearer than you sell

Net, funding: paid 7d − costs−$111as in the Funding arb table

Net, price: spread back to 7d avg − costs−$117as in the Price arb table

costs, in and out, $10k−$1101.104% of the position

Long on Bybit Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.005%−$1 on $10k

Price spread, last 7 days+0.117%+$12 · spread now −0.154%, 7d avg −0.093%

Together, before fees+0.112%+$11 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and MEXC is 0.061% cheaper against Bybit than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.093%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.005% in total (about -0.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.35 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	Bybit DEXEUSDT	1.9490	0.0571	pay 0.0285% / 4h	1h 54m	$2.4M	$917K	20x
Short	MEXC DEXE_USDT	1.9460	0.0100	get 0.0050% / 4h	1h 54m	$1.8M	$227K	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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee MEXCbpOrdersPrice spread, now −0.154%Rate

Funding earned: −$98.88
Price spread: −0.154% → −0.093%: −$6.08
Slippage, 4 orders: −$99.44
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 0 bp × 2 orders: $0
Net: −$215.39
Costs to cover: 1.104%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; MEXC: live order book, 2 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, 2 min ago	2.56 bp	57.0 bp −$57	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	2.56 bp	4.0 bp −$4	20.2 bp −$202	142.7 bp −$14.3K	515.6 bp −$257.8K

DEXE 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
Injective DEXE/USDC PERP	+0.0033%	1h	1.8600	−4.566%	—	$3K	5.5x	as long as short
Aster DEXEUSDT	+0.0100%	4h	1.9487	−0.016%	$173K	$33K	5x	as long as short
Binance DEXEUSDT	+0.0100%	4h	1.9470	−0.103%	$7.0M	$8.6M	20x	as long as short
Gate DEXE_USDT	+0.0100%	4h	1.9470	−0.103%	$475K	$792K	20x	as long as short
MEXC DEXE_USDTshort	+0.0100%	4h	1.9460	−0.154%	$1.8M	$227K	20x
Bitget DEXEUSDT	+0.0100%	4h	1.9430	−0.308%	$3.2M	$513K	10x	as long as short
BingX DEXE-USDT	+0.0100%	4h	1.9480	−0.051%	—	$1.8M	—	as long as short
Variational Omni DEXE	+0.0100%	4h	1.9522	+0.163%	$35K	$388	—	as long as short
Orderly PERP_DEXE_USDC_mythos	+0.0100%	4h	1.9460	−0.154%	$8K	—	10x	as long as short
Kraken Futures PF_DEXEUSD	+0.0479%	1h	1.9471	−0.097%	$42K	$53K	20x	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit DEXEUSDTlong	+0.0571%	4h	1.9490	long leg	$2.4M	$917K	20x