Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.022%
Price spread now: Bybit against MEXC−0.120%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$540.539% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 7 days+0.076%+$8 · spread now −0.120%, 7d avg −0.072%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.047% cheaper against MEXC than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.072%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ENS_USDT | 6.6890 | 0.0100 | pay 0.0100% / 8h | 5h 53m | $5.4M | $725K | 75x |
| Short | Bybit ENSUSDT | 6.6810 | 0.0100 | get 0.0100% / 8h | 5h 53m | $5.4M | $3.7M | 75x |
MEXC ENS_USDT
Bybit ENSUSDTFunding 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
- $0
- Price spread: −0.120% → −0.072%
- −$4.72
- Slippage, 4 orders
- −$38.88
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$58.6
- Costs to cover
- 0.539%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 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, 4 min ago | 2.24 bp | 7.0 bp −$7 | 19.4 bp −$194 | 63.1 bp −$6,312 | 108.3 bp −$54.2K |
| Sell Bybit live order book, 5 min ago | 3.75 bp | 19.0 bp −$19 | 60.2 bp −$602 | doesn't fit | doesn't fit |
ENS on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ENSUSD | −0.0932% | 1h | 6.6854 | −0.053% | $90K | $435K | 20x | as long as short |
| OKX ENS-USDT-SWAP | +0.0064% | 8h | 6.6820 | −0.105% | $2.3M | $3.3M | 20x | as long as short |
| Hyperliquid ENS | +0.0100% | 1h | 6.6881 | −0.013% | $3.0M | $302K | 5x | as long as short |
| Aster ENSUSDT | +0.0100% | 8h | 6.6841 | −0.074% | $11K | $108K | 10x | as long as short |
| Binance ENSUSDT | +0.0100% | 8h | 6.6890 | 0.000% | $5.2M | $13.7M | 75x | as long as short |
| Bybit ENSUSDTshort | +0.0100% | 8h | 6.6810 | −0.120% | $5.4M | $3.7M | 75x | |
| Gate ENS_USDT | +0.0100% | 8h | 6.6850 | −0.060% | $455K | $562K | 75x | as long as short |
| MEXC ENS_USDTlong | +0.0100% | 8h | 6.6890 | long leg | $5.4M | $725K | 75x | |
| KuCoin ENSUSDTM | +0.0100% | 8h | 6.6890 | 0.000% | $1.8M | $145K | 50x | as long as short |
| Bitget ENSUSDT | +0.0100% | 8h | 6.6870 | −0.030% | $2.9M | $1.3M | 75x | as long as short |
Kraken Futures PF_ENSUSD
OKX ENS-USDT-SWAP
Hyperliquid ENS
Aster ENSUSDT
Binance ENSUSDT
Gate ENS_USDT
KuCoin ENSUSDTM
Bitget ENSUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ENS-USDT | +0.0100% | 8h | 6.6900 | +0.015% | — | $7.8M | — | as long as short |
| Variational Omni ENS | +0.0100% | 8h | 6.7119 | +0.342% | $107K | $8K | — | as long as short |
| ApeX Omni ENSUSDT | +0.0100% | 1h | 6.6850 | −0.060% | $25K | $596K | 50x | as long as short |
| Extended ENS-USD | +0.0104% | 1h | 6.6822 | −0.101% | $892 | $118K | 10x | as long as short |
BingX ENS-USDT
Variational Omni ENS
ApeX Omni ENSUSDT
Extended ENS-USD