Funding you earn now, next payment 04:00 UTC+0.0912%/8h= +99.8% APRnext payment +$4.56 per $10,000 · paid last 24h +0.876%
Price spread now: Bybit against MEXC−0.106%7-day average +0.099% · you buy dearer than you sell
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1041.039% of the position
Funding, last 7 days+0.902%+$90 on $10k
+Price spread, last 7 days+0.228%+$23 · spread now −0.106%, 7d avg +0.099%
=Funding pays, the price is against you. Bybit is 0.206% cheaper against MEXC than usual: you would sell low and buy high (spread −0.106% now, against its 7-day average of +0.099%). If the spread goes back, that is −$21 on $10k: about 18 hours of funding at the current rate (+$27 a day). At the pace of the last 7 days (+0.902% in total) that is about 38 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ESP_USDT | 0.09397 | 0.0100 | pay 0.0050% / 4h | 2h 01m | $1.3M | $122K | 20x |
| Short | Bybit ESPUSDT | 0.09387 | 0.1012 | get 0.0506% / 4h | 2h 01m | $1.1M | $620K | 50x |
MEXC ESP_USDT
Bybit ESPUSDTFunding 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
- $191.42
- Price spread: −0.106% → +0.099%
- −$20.57
- Slippage, 4 orders
- −$88.9
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $66.96
- Costs to cover
- 1.039%
- Break-even
- 4.6 days
Slippage from MEXC: live order book, 4 min ago; Bybit: live order book, 4 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 | 0.53 bp | 10.7 bp −$11 | 50.4 bp −$504 | 326.2 bp −$32.6K | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.53 bp | 46.8 bp −$47 | 304.4 bp −$3,044 | doesn't fit | doesn't fit |
ESP on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX ESP-USDT | +0.0036% | 4h | 0.09396 | −0.011% | — | $1.7M | — | as long as short |
| Aster ESPUSDT | +0.0100% | 4h | 0.09403 | +0.062% | $6K | $26K | 5x | as long as short |
| Binance ESPUSDT | +0.0100% | 4h | 0.09397 | +0.002% | $2.4M | $4.3M | 25x | as long as short |
| OKX ESP-USDT-SWAP | +0.0100% | 4h | 0.09408 | +0.117% | $599K | $1.2M | 20x | as long as short |
| Gate ESP_USDT | +0.0100% | 8h | 0.09404 | +0.074% | $175K | $622K | 50x | as long as short |
| MEXC ESP_USDTlong | +0.0100% | 4h | 0.09397 | long leg | $1.3M | $122K | 20x | |
| KuCoin ESPUSDTM | +0.0100% | 4h | 0.09406 | +0.096% | $1.5M | $48K | 25x | as long as short |
| Bitget ESPUSDT | +0.0100% | 4h | 0.09403 | +0.062% | $944K | $148K | 20x | as long as short |
| edgeX ESPUSDC | +0.0113% | 4h | 0.09383 | −0.154% | $29K | $267K | 10x | as long as short |
| Bybit ESPUSDTshort | +0.1012% | 4h | 0.09387 | −0.106% | $1.1M | $620K | 50x |
BingX ESP-USDT
Aster ESPUSDT
Binance ESPUSDT
OKX ESP-USDT-SWAP
Gate ESP_USDT
KuCoin ESPUSDTM
Bitget ESPUSDT
edgeX ESPUSDC