Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bybit−0.069%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$940.942% of the position
Funding, last 7 days+0.026%+$3 on $10k
+Price spread, last 7 days+0.011%+$1 · spread now −0.069%, 7d avg −0.053%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit METUSDT | 0.2911 | 0.0100 | pay 0.0050% / 4h | 46m 04s | $5.1M | $3.3M | 25x |
| Short | MEXC MET_USDT | 0.2909 | 0.0100 | get 0.0050% / 4h | 46m 04s | $981K | $337K | 20x |
Funding 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
- $0
- Price spread: −0.069% → −0.053%
- −$1.54
- Slippage, 4 orders
- −$79.16
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$95.7
- Costs to cover
- 0.942%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; MEXC: live order book, 53 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, 5 min ago | 3.44 bp | 36.9 bp −$37 | 209.5 bp −$2,095 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 53 min ago | 3.48 bp | 8.9 bp −$9 | 33.9 bp −$339 | 214.3 bp −$21.4K | 750.2 bp −$375.1K |
MET on 16 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix MET | −0.0247% | 1h | 0.2910 | −0.021% | $14K | $12K | 5x | as long as short |
| GMX MET/USD [WBTC.b-USDC] | L −0.0030% / S +0.0150% | 1h | 0.2909 | −0.077% | $9K | — | 50x | as long as short |
| Lighter MET | +0.0096% | 1h | 0.2914 | +0.089% | $175K | $427K | 5x | as long as short |
| Hyperliquid MET | +0.0100% | 1h | 0.2913 | +0.079% | $3.9M | $1.7M | 3x | as long as short |
| Aster METUSDT | +0.0100% | 4h | 0.2912 | +0.025% | $55K | $17K | 5x | as long as short |
| Binance METUSDT | +0.0100% | 4h | 0.2912 | +0.025% | $5.0M | $12.8M | 50x | as long as short |
| Bybit METUSDTlong | +0.0100% | 4h | 0.2911 | long leg | $5.1M | $3.3M | 25x | |
| OKX MET-USDT-SWAP | +0.0100% | 4h | 0.2913 | +0.069% | $1.3M | $3.4M | 20x | as long as short |
| Gate MET_USDT | +0.0100% | 4h | 0.2910 | −0.034% | $190K | $173K | 50x | as long as short |
| MEXC MET_USDTshort | +0.0100% | 4h | 0.2909 | −0.069% | $981K | $337K | 20x |
Show all 16 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin METUSDTM | +0.0100% | 4h | 0.2911 | 0.000% | $1.3M | $2.7M | 50x | as long as short |
| Bitget METUSDT | +0.0100% | 4h | 0.2912 | +0.034% | $708K | $781K | 25x | as long as short |
| ApeX Omni METUSDT | +0.0100% | 1h | 0.2889 | −0.756% | $38K | $111K | 50x | as long as short |
| SunX MET-USDT | +0.0100% | 4h | 0.2910 | −0.034% | $1K | $1.5M | 20x | as long as short |
| Backpack MET_USDC_PERP | +0.0333% | 1h | 0.2913 | +0.065% | $332K | $240K | 5x | as long as short |
| BloFin MET-USDT | +0.0340% | 4h | 0.2898 | −0.447% | $301K | $131K | 50x | as long as short |
Bybit METUSDT
MEXC MET_USDT
Phoenix MET
GMX MET/USD [WBTC.b-USDC]
Lighter MET
Hyperliquid MET
Aster METUSDT
Binance METUSDT
OKX MET-USDT-SWAP
Gate MET_USDT
KuCoin METUSDTM
Bitget METUSDT
ApeX Omni METUSDT
SunX MET-USDT
Backpack MET_USDC_PERP
BloFin MET-USDT