Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.575%
Price spread now: MEXC against Bybit+0.086%7-day average −0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$300as in the Funding arb table
Net, price: spread back to 7d avg − costs−$211as in the Price arb table
costs, in and out, $10k−$2252.246% of the position
Funding, last 7 days−0.750%−$75 on $10k
+Price spread, last 4 days (all we have)−0.084%−$8 · spread now +0.086%, 7d avg −0.045%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.131% dearer against Bybit than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.045%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit STEEMUSDT | 0.05847 | 0.0100 | pay 0.0050% / 4h | 15m 53s | $1.3M | $1.0M | 13x |
| Short | MEXC STEEM_USDT | 0.05852 | 0.0100 | get 0.0050% / 4h | 15m 53s | $424K | $125K | 20x |
Bybit STEEMUSDT
MEXC STEEM_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: +0.086% → −0.045%
- $13.09
- Slippage, 4 orders
- −$205.56
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$211.47
- Costs to cover
- 2.246%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; MEXC: live order book, 25 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, 5 min ago | 4.28 bp | 98.4 bp −$98 | 173.6 bp −$1,736 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 25 min ago | 1.71 bp | 9.1 bp −$9 | 89.7 bp −$897 | 152.6 bp −$15.3K | doesn't fit |
STEEM 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX STEEM-USDT | +0.0070% | 4h | 0.05851 | +0.068% | — | $1.6M | — | as long as short |
| Aster STEEMUSDT | +0.0100% | 4h | 0.05855 | +0.141% | $17K | $10K | 5x | as long as short |
| Binance STEEMUSDT | +0.0100% | 4h | 0.05855 | +0.137% | $2.1M | $3.5M | 25x | as long as short |
| Bybit STEEMUSDTlong | +0.0100% | 4h | 0.05847 | long leg | $1.3M | $1.0M | 13x | |
| MEXC STEEM_USDTshort | +0.0100% | 4h | 0.05852 | +0.086% | $424K | $125K | 20x | |
| KuCoin STEEMUSDTM | +0.0100% | 4h | 0.05852 | +0.086% | $433K | $95K | 30x | as long as short |
| Bitget STEEMUSDT | +0.0100% | 4h | 0.05851 | +0.068% | $496K | $294K | 25x | as long as short |
| Variational Omni STEEM | +0.0100% | 4h | 0.05841 | −0.094% | $12K | $147 | — | as long as short |
| HTX STEEM-USDT | +0.0100% | 4h | 0.05848 | +0.017% | $37K | $47K | 20x | as long as short |
| Gate STEEM_USDT | +0.0560% | 4h | 0.05859 | +0.205% | $283K | $106K | 20x | as long as short |
BingX STEEM-USDT
Aster STEEMUSDT
Binance STEEMUSDT
KuCoin STEEMUSDTM
Bitget STEEMUSDT
Variational Omni STEEM
HTX STEEM-USDT
Gate STEEM_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_STEEMUSD | +0.3188% | 1h | 0.05878 | +0.538% | $9K | $5K | 10x | as long as short |
Kraken Futures PF_STEEMUSD