Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bybit−0.107%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1611.605% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.067%+$7 · spread now −0.107%, 7d avg −0.078%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.029% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.078%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NILUSDT | 0.07496 | 0.0100 | pay 0.0050% / 4h | 15m 03s | $4.2M | $10.3M | 20x |
| Short | MEXC NIL_USDT | 0.07488 | 0.0100 | get 0.0050% / 4h | 15m 03s | $2.4M | $3.3M | 100x |
Bybit NILUSDT
MEXC NIL_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
- $0
- Price spread: −0.107% → −0.078%
- −$2.89
- Slippage, 4 orders
- −$145.53
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$163.42
- Costs to cover
- 1.605%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; MEXC: 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 Bybit live order book, 3 min ago | 4.66 bp | 41.5 bp −$42 | 267.8 bp −$2,678 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 2.67 bp | 40.2 bp −$40 | 156.5 bp −$1,565 | 315.7 bp −$31.6K | 584.2 bp −$292.1K |
NIL on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX NIL-USDT | +0.0070% | 4h | 0.07484 | −0.160% | — | $8.1M | — | as long as short |
| Aster NILUSDT | +0.0100% | 4h | 0.07474 | −0.290% | $31K | $262K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.07489 | −0.091% | $5.8M | $50.7M | 50x | as long as short |
| Bybit NILUSDTlong | +0.0100% | 4h | 0.07496 | long leg | $4.2M | $10.3M | 20x | |
| Gate NIL_USDT | +0.0100% | 4h | 0.07487 | −0.120% | $468K | $1.5M | 50x | as long as short |
| MEXC NIL_USDTshort | +0.0100% | 4h | 0.07488 | −0.107% | $2.4M | $3.3M | 100x | |
| Bitget NILUSDT | +0.0100% | 4h | 0.07492 | −0.053% | $2.0M | $6.2M | 50x | as long as short |
| Variational Omni NIL | +0.0100% | 4h | 0.07510 | +0.191% | $184K | $246K | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.07491 | −0.067% | $23K | $189K | 5x | as long as short |
| KuCoin NILUSDTM | +0.0108% | 4h | 0.07496 | 0.000% | $606K | $568K | 30x | as long as short |
BingX NIL-USDT
Aster NILUSDT
Binance NILUSDT
Gate NIL_USDT
Bitget NILUSDT
Variational Omni NIL
Extended NIL-USD
KuCoin NILUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin NIL-USDT | +0.0134% | 4h | 0.07499 | +0.040% | $384K | $88K | 50x | as long as short |
| Hyperliquid NIL | +0.1737% | 1h | 0.07506 | +0.137% | $4.9M | $4.5M | 3x | as long as short |
BloFin NIL-USDT
Hyperliquid NIL