Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: Bybit against MEXC−0.052%7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$740.741% of the position
Funding, last 7 days+0.051%+$5 on $10k
+Price spread, last 4 days (all we have)+0.405%+$40 · spread now −0.052%, 7d avg +0.027%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.079% cheaper against MEXC than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ID_USDT | 0.03836 | 0.0100 | pay 0.0050% / 4h | 3h 29m | $403K | $229K | 20x |
| Short | Bybit IDUSDT | 0.03834 | 0.0100 | get 0.0100% / 8h | 7h 29m | $1.6M | $1.2M | 25x |
MEXC ID_USDT
Bybit IDUSDTFunding 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: −0.052% → +0.027%
- −$7.92
- Slippage, 4 orders
- −$59.11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$82.03
- Costs to cover
- 0.741%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 51 min ago; Bybit: 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 MEXC live order book, 51 min ago | 2.61 bp | 8.9 bp −$9 | 29.0 bp −$290 | 123.8 bp −$12.4K | 222.5 bp −$111.2K |
| Sell Bybit live order book, 2 min ago | 3.92 bp | 21.2 bp −$21 | 333.9 bp −$3,339 | doesn't fit | doesn't fit |
ID 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSD | −0.0001% | 1h | 0.03833 | −0.070% | $4K | $4K | 10x | as long as short |
| BloFin ID-USDT | +0.0098% | 4h | 0.03828 | −0.209% | $158K | $16K | 50x | as long as short |
| Aster IDUSDT | +0.0100% | 4h | 0.03838 | +0.042% | $9K | $2K | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03834 | −0.055% | $2.5M | $4.1M | 50x | as long as short |
| Bybit IDUSDTshort | +0.0100% | 8h | 0.03834 | −0.052% | $1.6M | $1.2M | 25x | |
| Gate ID_USDT | +0.0100% | 4h | 0.03832 | −0.104% | $259K | $213K | 25x | as long as short |
| MEXC ID_USDTlong | +0.0100% | 4h | 0.03836 | long leg | $403K | $229K | 20x | |
| KuCoin IDUSDTM | +0.0100% | 4h | 0.03837 | +0.026% | $1.1M | $75K | 30x | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03830 | −0.147% | $12K | $20K | — | as long as short |
| Bitget IDUSDT | +0.0458% | 4h | 0.03827 | −0.235% | $1.1M | $935K | 50x | as long as short |
Kraken Futures PF_IDUSD
BloFin ID-USDT
Aster IDUSDT
Binance IDUSDT
Gate ID_USDT
KuCoin IDUSDTM
Variational Omni ID
Bitget IDUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ID-USDT | +0.0478% | 4h | 0.03832 | −0.104% | — | $2.3M | — | as long as short |
BingX ID-USDT