Funding you earn now, next payment 08:00 UTC−0.0180%/8h= −19.7% APRnext payment −$0.90 per $10,000 · paid last 24h −0.085%
Price spread now: MEXC against Bybit0.000%7-day average −0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$600.599% of the position
Funding, last 7 days−0.229%−$23 on $10k
+Price spread, last 4 days (all we have)−0.184%−$18 · spread now 0.000%, 7d avg −0.064%
=The price spread pays, funding is against you. MEXC is 0.064% dearer against Bybit than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.064%): +$6 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 28 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit LAUSDT | 0.07398 | 0.0100 | pay 0.0050% / 4h | 1h 29m | $2.4M | $2.6M | 25x |
| Short | MEXC LA_USDT | 0.07398 | −0.0080 | pay 0.0040% / 4h | 1h 29m | $385K | $133K | 50x |
Bybit LAUSDT
MEXC LA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Bybit. 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
- −$37.8
- Price spread: 0.000% → −0.064%
- $6.38
- Slippage, 4 orders
- −$44.88
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$91.31
- Costs to cover
- 0.599%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 7 min ago; MEXC: live order book, 61 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 Bybit live order book, 7 min ago | 0.68 bp | 22.5 bp −$22 | 131.5 bp −$1,315 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 61 min ago | 0.68 bp | 9.7 bp −$10 | 54.1 bp −$541 | 272.3 bp −$27.2K | doesn't fit |
LA 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LAUSDT | −0.0400% | 4h | 0.07390 | −0.108% | $2.0M | $461K | 25x | as long as short |
| BingX LA-USDT | −0.0398% | 4h | 0.07399 | +0.014% | — | $6.6M | — | as long as short |
| Gate LA_USDT | −0.0296% | 4h | 0.07391 | −0.095% | $226K | $818K | 50x | as long as short |
| Aster LAUSDT | −0.0223% | 4h | 0.07392 | −0.081% | $51K | $25K | 5x | as long as short |
| BloFin LA-USDT | −0.0100% | 4h | 0.07388 | −0.135% | $246K | $20K | 25x | as long as short |
| Binance LAUSDT | −0.0082% | 4h | 0.07398 | +0.005% | $4.7M | $9.6M | 25x | as long as short |
| MEXC LA_USDTshort | −0.0080% | 4h | 0.07398 | 0.000% | $385K | $133K | 50x | |
| KuCoin LAUSDTM | −0.0066% | 4h | 0.07397 | −0.014% | $1.0M | $81K | 30x | as long as short |
| OKX LA-USDT-SWAP | +0.0034% | 4h | 0.07395 | −0.041% | $1.3M | $2.9M | 20x | as long as short |
| Bybit LAUSDTlong | +0.0100% | 4h | 0.07398 | long leg | $2.4M | $2.6M | 25x |
Bitget LAUSDT
BingX LA-USDT
Gate LA_USDT
Aster LAUSDT
BloFin LA-USDT
Binance LAUSDT
KuCoin LAUSDTM
OKX LA-USDT-SWAPShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07390 | −0.107% | $146K | $440K | 10x | as long as short |
GRVT LA_USDT_Perp