Funding you earn now, next payment 00:00 UTC+0.0402%/8h= +44.0% APRnext payment +$2.01 per $10,000 · paid last 24h +0.134%
Price spread now: MEXC against Bybit0.000%7-day average +0.121% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1441.442% of the position
Funding, last 7 days+0.381%+$38 on $10k
+Price spread, last 4 days (all we have)+0.414%+$41 · spread now 0.000%, 7d avg +0.121%
=Funding pays, the price is against you. MEXC is 0.121% cheaper against Bybit than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.121%). If the spread goes back, that is −$12 on $10k: about 24 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.381% in total) that is about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit 1000RATSUSDT | 0.00004180 | 0.0522 | pay 0.0261% / 4h | 3h 32m | $4.2M | $907K | 20x |
| Short | MEXC 1000RATS_USDT | 0.00004180 | 0.0924 | get 0.0462% / 4h | 3h 32m | $802K | $181K | 125x |
Bybit 1000RATSUSDT
MEXC 1000RATS_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
- $84.39
- Price spread: 0.000% → +0.121%
- −$12.07
- Slippage, 4 orders
- −$129.16
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$71.84
- Costs to cover
- 1.442%
- Break-even
- 13.0 days
Slippage from Bybit: live order book, 1 min ago; MEXC: live order book, 12 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, 1 min ago | 3.59 bp | 59.1 bp −$59 | 301.3 bp −$3,013 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 12 min ago | 1.20 bp | 18.2 bp −$18 | 65.9 bp −$659 | 239.3 bp −$23.9K | 421.2 bp −$210.6K |
RATS on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate RATS_USDT | +0.0100% | 4h | 0.00004164 | −0.383% | $2.4M | $418K | 25x | as long as short |
| Bitget 1000RATSUSDT | +0.0100% | 4h | 0.00004176 | −0.096% | $1.5M | $330K | 25x | as long as short |
| KuCoin 1000RATSUSDTM | +0.0516% | 4h | 0.00004173 | −0.167% | $622K | $79K | 30x | as long as short |
| Bybit 1000RATSUSDTlong | +0.0522% | 4h | 0.00004180 | long leg | $4.2M | $907K | 20x | |
| BingX RATS-USDT | +0.0840% | 4h | 0.00004175 | −0.120% | — | $1.2M | — | as long as short |
| edgeX 1000RATSUSDC | +0.0908% | 4h | 0.00004178 | −0.041% | $33K | $291K | 10x | as long as short |
| MEXC 1000RATS_USDTshort | +0.0924% | 4h | 0.00004180 | 0.000% | $802K | $181K | 125x | |
| Binance 1000RATSUSDT | +0.0931% | 4h | 0.00004183 | +0.072% | $11.0M | $2.0M | 40x | as long as short |
| BloFin 1000RATS-USDT | +0.0980% | 4h | 0.00004178 | −0.048% | $1.0M | $6K | 40x | as long as short |
| Aster 1000RATSUSDT | +0.1482% | 4h | 0.00004172 | −0.191% | $19K | $14K | 5x | as long as short |
Gate RATS_USDT
Bitget 1000RATSUSDT
KuCoin 1000RATSUSDTM
BingX RATS-USDT
edgeX 1000RATSUSDC
Binance 1000RATSUSDT
BloFin 1000RATS-USDT
Aster 1000RATSUSDT