Funding you earn now, next payment 00:00 UTC+0.0417%/8h= +45.6% APRnext payment +$2.08 per $10,000 · paid last 24h +0.023%
Price spread now: Bybit against MEXC−0.216%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$201as in the Funding arb table
Net, price: spread back to 7d avg − costs−$227as in the Price arb table
costs, in and out, $10k−$2092.089% of the position
Funding, last 7 days+0.077%+$8 on $10k
+Price spread, last 4 days (all we have)+0.419%+$42 · spread now −0.216%, 7d avg −0.039%
=Funding pays, the price is against you. Bybit is 0.177% cheaper against MEXC than usual: you would sell low and buy high (spread −0.216% now, against its 7-day average of −0.039%). If the spread goes back, that is −$18 on $10k: about 34 hours of funding at the current rate (+$13 a day). At the pace of the last 7 days (+0.077% in total) that is about 16 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.077% in total (about 4.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.08 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 MUBARAK_USDT | 0.04397 | 0.0126 | pay 0.0063% / 4h | 1h 04m | $866K | $1.5M | 50x |
| Short | Bybit MUBARAKUSDT | 0.04387 | 0.0543 | get 0.0271% / 4h | 1h 04m | $3.4M | $10.6M | 25x |
MEXC MUBARAK_USDT
Bybit MUBARAKUSDTFunding 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
- $87.52
- Price spread: −0.216% → −0.039%
- −$17.72
- Slippage, 4 orders
- −$193.9
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$139.1
- Costs to cover
- 2.089%
- Break-even
- 18.1 days
Slippage from MEXC: live order book, 7 min ago; Bybit: live order book, 9 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, 7 min ago | 20.41 bp | 57.4 bp −$57 | 97.7 bp −$977 | 224.7 bp −$22.5K | 573.9 bp −$286.9K |
| Sell Bybit live order book, 9 min ago | 3.76 bp | 42.6 bp −$43 | 170.5 bp −$1,705 | doesn't fit | doesn't fit |
MUBARAK 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX MUBARAK-USDT-SWAP | +0.0100% | 4h | 0.04392 | −0.121% | $2.6M | $52.7M | 20x | as long as short |
| Bitget MUBARAKUSDT | +0.0100% | 4h | 0.04390 | −0.159% | $2.7M | $7.1M | 25x | as long as short |
| Variational Omni MUBARAK | +0.0100% | 4h | 0.04388 | −0.201% | $13K | $51K | — | as long as short |
| Binance MUBARAKUSDT | +0.0126% | 4h | 0.04390 | −0.159% | $15.9M | $85.7M | 25x | as long as short |
| MEXC MUBARAK_USDTlong | +0.0126% | 4h | 0.04397 | long leg | $866K | $1.5M | 50x | |
| Aster MUBARAKUSDT | +0.0269% | 4h | 0.04394 | −0.072% | $21K | $389K | 5x | as long as short |
| Bybit MUBARAKUSDTshort | +0.0543% | 4h | 0.04387 | −0.216% | $3.4M | $10.6M | 25x | |
| BingX MUBARAK-USDT | +0.0544% | 4h | 0.04390 | −0.159% | — | $3.1M | — | as long as short |
| Gate MUBARAK_USDT | +0.0812% | 4h | 0.04395 | −0.045% | $6.9M | $5.4M | 50x | as long as short |
| KuCoin MUBARAKUSDTM | +0.1736% | 4h | 0.04396 | −0.023% | $1.5M | $985K | 30x | as long as short |
OKX MUBARAK-USDT-SWAP
Bitget MUBARAKUSDT
Variational Omni MUBARAK
Binance MUBARAKUSDT
Aster MUBARAKUSDT
BingX MUBARAK-USDT
Gate MUBARAK_USDT
KuCoin MUBARAKUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MUBARAKUSD | +0.2115% | 1h | 0.04391 | −0.129% | $65K | $418K | 10x | as long as short |
Kraken Futures PF_MUBARAKUSD