Funding you earn now, next payment 12:00 UTC−0.3290%/8h= −360.2% APRnext payment −$16.45 per $10,000 · paid last 24h −0.056%
Price spread now: MEXC against Bybit−0.140%7-day average +0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$301as in the Price arb table
costs, in and out, $10k−$2812.809% of the position
Funding, last 4 days (all we have)+1.535%+$154 on $10k
+Price spread, last 4 days (all we have)+2.090%+$209 · spread now −0.140%, 7d avg +0.063%
=Both sides work against this trade now: funding costs −$99 a day on $10k at the current rate, and MEXC is 0.203% cheaper against Bybit than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of +0.063%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +1.535%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit STONKUSDT | 0.3348 | 0.6102 | pay 0.3051% / 4h | 3h 18m | $1.8M | $5.9M | 5x |
| Short | MEXC STONK_USDT | 0.3343 | 0.2812 | get 0.1406% / 4h | 3h 18m | $806K | $996K | 20x |
Bybit STONKUSDT
MEXC STONK_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
- −$690.82
- Price spread: −0.140% → +0.063%
- −$20.32
- Slippage, 4 orders
- −$249.89
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 10 bp × 2 orders
- −$20
- Net
- −$992.03
- Costs to cover
- 2.809%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; MEXC: live order book, 32 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, 4 min ago | 5.95 bp | 103.8 bp −$104 | 681.8 bp −$6,818 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 32 min ago | 7.59 bp | 34.0 bp −$34 | 61.2 bp −$612 | 409.7 bp −$41.0K | doesn't fit |
STONK on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget STONKUSDT | +0.0320% | 4h | 0.3341 | −0.197% | $491K | $1.9M | 10x | as long as short |
| Aster STONKUSDT | +0.0335% | 1h | 0.3349 | +0.029% | $494K | $1.2M | 10x | as long as short |
| Phoenix STONK | +0.1299% | 1h | 0.3353 | +0.137% | $213K | $137K | 3x | as long as short |
| MEXC STONK_USDTshort | +0.2812% | 4h | 0.3343 | −0.140% | $806K | $996K | 20x | |
| Lighter STONK | +0.4368% | 1h | 0.3351 | +0.096% | $356K | $540K | 5x | as long as short |
| Gate STONK_USDT | +0.5446% | 4h | 0.3356 | +0.233% | $1.0M | $2.2M | 10x | as long as short |
| BingX STONK-USDT | +0.5906% | 4h | 0.3347 | −0.030% | — | $912K | — | as long as short |
| Bybit STONKUSDTlong | +0.6102% | 4h | 0.3348 | long leg | $1.8M | $5.9M | 5x | |
| BloFin STONK-USDT | +0.8607% | 4h | 0.3353 | +0.149% | $93K | $195K | 5x | as long as short |
Bitget STONKUSDT
Aster STONKUSDT
Phoenix STONK
Lighter STONK
Gate STONK_USDT
BingX STONK-USDT
BloFin STONK-USDT