Funding you earn now, next payment 04:00 UTC−0.1873%/8h= −205.1% APRnext payment −$9.36 per $10,000 · paid last 24h −0.136%
Price spread now: Bybit against MEXC+0.097%7-day average +0.126% · you sell dearer than you buy
Net, funding: paid 7d − costs−$186as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1071.068% of the position
Funding, last 7 days−0.790%−$79 on $10k
+Price spread, last 7 days+0.089%+$9 · spread now +0.097%, 7d avg +0.126%
=Both sides work against this trade now: funding costs −$56 a day on $10k at the current rate, and Bybit is 0.029% cheaper against MEXC than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.126%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.790% in total (about -41.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$9.36 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 | MEXC ESPORTS_USDT | 0.01031 | 0.2366 | pay 0.1183% / 4h | 1h 28m | $1.4M | $185K | 20x |
| Short | Bybit ESPORTSUSDT | 0.01032 | 0.0493 | get 0.0247% / 4h | 1h 28m | $1.8M | $1.1M | 10x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$393.31
- Price spread: +0.097% → +0.126%
- −$2.87
- Slippage, 4 orders
- −$95.76
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$502.94
- Costs to cover
- 1.068%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Bybit: live order book, 3 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, 3 min ago | 4.84 bp | 12.4 bp −$12 | 107.8 bp −$1,078 | 337.5 bp −$33.8K | doesn't fit |
| Sell Bybit live order book, 3 min ago | 4.84 bp | 38.5 bp −$38 | 571.5 bp −$5,715 | doesn't fit | doesn't fit |
ESPORTS 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ESPORTSUSDTshort | +0.0493% | 4h | 0.01032 | +0.097% | $1.8M | $1.1M | 10x | |
| Gate ESPORTS_USDT | +0.0744% | 4h | 0.01033 | +0.194% | $368K | $564K | 10x | as long as short |
| Variational Omni ESPORTS | +0.0848% | 4h | 0.01033 | +0.222% | $31K | $507 | — | as long as short |
| KuCoin ESPORTSUSDTM | +0.1402% | 4h | 0.01032 | +0.097% | $780K | $42K | 10x | as long as short |
| Aster ESPORTSUSDT | +0.1821% | 4h | 0.01032 | +0.090% | $126K | $85K | 5x | as long as short |
| Binance ESPORTSUSDT | +0.2334% | 4h | 0.01030 | −0.084% | $5.7M | $4.6M | 10x | as long as short |
| MEXC ESPORTS_USDTlong | +0.2366% | 4h | 0.01031 | long leg | $1.4M | $185K | 20x | |
| BingX ESPORTS-USDT | +0.2500% | 4h | 0.01031 | 0.000% | — | $1.4M | — | as long as short |
MEXC ESPORTS_USDT
Bybit ESPORTSUSDT
Gate ESPORTS_USDT
Variational Omni ESPORTS
KuCoin ESPORTSUSDTM
Aster ESPORTSUSDT
Binance ESPORTSUSDT
BingX ESPORTS-USDT