Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC+0.192%7-day average +0.141% · you sell dearer than you buy
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$167as in the Price arb table
costs, in and out, $10k−$1721.718% of the position
Funding, last 7 days+0.495%+$49 on $10k
+Price spread, last 4 days (all we have)−0.611%−$61 · spread now +0.192%, 7d avg +0.141%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.051% dearer against MEXC than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.141%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PUNDIX_USDT | 0.1197 | 0.0100 | pay 0.0050% / 4h | 3h 32m | $2.4M | $104K | 50x |
| Short | Bybit PUNDIXUSDT | 0.1199 | 0.0100 | get 0.0050% / 4h | 3h 32m | $784K | $390K | 20x |
MEXC PUNDIX_USDT
Bybit PUNDIXUSDTFunding 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: +0.192% → +0.141%
- $5.11
- Slippage, 4 orders
- −$156.85
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$166.74
- Costs to cover
- 1.718%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; Bybit: live order book, 13 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, 5 min ago | 3.34 bp | 35.8 bp −$36 | 69.7 bp −$697 | 175.5 bp −$17.5K | doesn't fit |
| Sell Bybit live order book, 13 min ago | 5.03 bp | 51.5 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
PUNDIX on 7 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 PUNDIX-USDT | +0.0070% | 4h | 0.1197 | +0.008% | — | $1.2M | — | as long as short |
| Binance PUNDIXUSDT | +0.0100% | 4h | 0.1198 | +0.117% | $1.4M | $1.7M | 50x | as long as short |
| Bybit PUNDIXUSDTshort | +0.0100% | 4h | 0.1199 | +0.192% | $784K | $390K | 20x | |
| Gate PUNDIX_USDT | +0.0100% | 4h | 0.1196 | −0.042% | $38K | $6K | 20x | as long as short |
| MEXC PUNDIX_USDTlong | +0.0100% | 4h | 0.1197 | long leg | $2.4M | $104K | 50x | |
| Bitget PUNDIXUSDT | +0.0100% | 4h | 0.1197 | +0.033% | $239K | $236K | 20x | as long as short |
| Variational Omni PUNDIX | +0.0100% | 4h | 0.1199 | +0.219% | $87 | $59K | — | as long as short |
BingX PUNDIX-USDT
Binance PUNDIXUSDT
Gate PUNDIX_USDT
Bitget PUNDIXUSDT
Variational Omni PUNDIX