Funding you earn now, next payment 08:00 UTC+0.0242%/8h= +26.5% APRnext payment +$1.21 per $10,000 · paid last 24h +0.097%
Price spread now: MEXC against Bybit−0.173%7-day average −0.109% · you buy dearer than you sell
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs−$250as in the Price arb table
costs, in and out, $10k−$2442.436% of the position
Funding, last 7 days+0.713%+$71 on $10k
+Price spread, last 4 days (all we have)+0.098%+$10 · spread now −0.173%, 7d avg −0.109%
=Funding pays, the price is against you. MEXC is 0.064% cheaper against Bybit than usual: you would sell low and buy high (spread −0.173% now, against its 7-day average of −0.109%). If the spread goes back, that is −$6 on $10k: about 21 hours of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit REDUSDT | 0.1564 | 0.0100 | pay 0.0050% / 4h | 1h 00m | $1.9M | $2.0M | 25x |
| Short | MEXC RED_USDT | 0.1561 | 0.0342 | get 0.0171% / 4h | 1h 00m | $520K | $173K | 20x |
Bybit REDUSDT
MEXC RED_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
- $50.82
- Price spread: −0.173% → −0.109%
- −$6.39
- Slippage, 4 orders
- −$228.57
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$199.14
- Costs to cover
- 2.436%
- Break-even
- 34.4 days
Slippage from Bybit: live order book, 1 min ago; MEXC: live order book, 34 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 | 3.52 bp | 159.9 bp −$160 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 34 min ago | 3.22 bp | 9.8 bp −$10 | 48.1 bp −$481 | 203.9 bp −$20.4K | 477.4 bp −$238.7K |
RED 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin RED-USDT | +0.0047% | 4h | 0.1566 | +0.147% | $220K | $5K | 25x | as long as short |
| Aster REDUSDT | +0.0100% | 4h | 0.1563 | −0.058% | $28K | $38K | 5x | as long as short |
| Binance REDUSDT | +0.0100% | 4h | 0.1562 | −0.109% | $2.3M | $4.2M | 50x | as long as short |
| Bybit REDUSDTlong | +0.0100% | 4h | 0.1564 | long leg | $1.9M | $2.0M | 25x | |
| Gate RED_USDT | +0.0100% | 4h | 0.1564 | +0.019% | $355K | $96K | 25x | as long as short |
| Bitget REDUSDT | +0.0100% | 4h | 0.1563 | −0.045% | $763K | $328K | 20x | as long as short |
| Variational Omni RED | +0.0100% | 4h | 0.1562 | −0.091% | $26K | $3K | — | as long as short |
| SunX RED-USDT | +0.0100% | 4h | 0.1599 | +2.257% | $2K | $831K | 20x | as long as short |
| Extended RED-USD | +0.0104% | 1h | 0.1562 | −0.137% | $31 | — | 5x | as long as short |
| MEXC RED_USDTshort | +0.0342% | 4h | 0.1561 | −0.173% | $520K | $173K | 20x |
BloFin RED-USDT
Aster REDUSDT
Binance REDUSDT
Gate RED_USDT
Bitget REDUSDT
Variational Omni RED
SunX RED-USDT
Extended RED-USD