Settings8H · net · $10k
Funding arb · Price arb /

EDU

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC−0.117%7-day average −0.027% · 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−$130as in the Price arb table
costs, in and out, $10k−$1211.207% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.019%+$2 on $10k
Price spread, last 4 days (all we have)+0.168%+$17 · spread now −0.117%, 7d avg −0.027%
Together, before fees+0.187%+$19 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.090% cheaper against MEXC than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.027%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC EDU_USDT0.051360.0100pay 0.0100% / 8h7h 29m$3.5M$253K50x
ShortBybit EDUUSDT0.051300.0100get 0.0100% / 8h7h 29m$512K$242K5x

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

Profit calculator

Funding earned
$0
Price spread: −0.117% → −0.027%
−$8.97
Slippage, 4 orders
−$105.67
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$129.63
Costs to cover
1.207%
Break-even
never at this rate
Slippage from MEXC: live order book, 2 min ago; Bybit: live order book, 35 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 2 min ago2.92 bp15.7 bp −$1658.4 bp −$584128.5 bp −$12.8K384.4 bp −$192.2K
Sell Bybit live order book, 35 min ago6.83 bp47.5 bp −$48doesn't fitdoesn't fitdoesn't fit

EDU on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster EDUUSDT+0.0100%8h0.05132−0.070%$2K$8K5xas long as short
Binance EDUUSDT+0.0100%8h0.051360.000%$4.3M$1.8M50xas long as short
Bybit EDUUSDTshort+0.0100%8h0.05130−0.117%$512K$242K5x
MEXC EDU_USDTlong+0.0100%8h0.05136long leg$3.5M$253K50x
BingX EDU-USDT+0.0100%8h0.05133−0.058%$2.3Mas long as short
Variational Omni EDU+0.0100%8h0.05133−0.054%$5K$27as long as short
Gate EDU_USDT+0.0759%8h0.05113−0.448%$108K$19K50xas long as short
KuCoin EDUUSDTM+0.0804%8h0.05148+0.234%$83K$31K30xas long as short