Funding you earn now, next payment 04:00 UTC+0.0492%/8h= +53.9% APRnext payment +$2.46 per $10,000 · paid last 24h +0.119%
Price spread now: MEXC against Bybit+0.177%7-day average −0.283% · you sell dearer than you buy
Net, funding: paid 7d − costs−$302as in the Funding arb table
Net, price: spread back to 7d avg − costs−$275as in the Price arb table
costs, in and out, $10k−$3213.209% of the position
Funding, last 7 days+0.185%+$19 on $10k
+Price spread, last 7 days−0.421%−$42 · spread now +0.177%, 7d avg −0.283%
=Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and MEXC is 0.460% dearer against Bybit than usual: you sell high and buy low: +$46 more if the spread goes back to its 7-day average of −0.283%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.185% in total (about 9.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.46 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit USUSDT | 0.01639 | 0.0100 | pay 0.0050% / 4h | 1h 54m | $3.2M | $913K | 20x |
| Short | MEXC US_USDT | 0.01642 | 0.0592 | get 0.0296% / 4h | 1h 54m | $5.5M | $112K | 100x |
Bybit USUSDT
MEXC US_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
- $103.32
- Price spread: +0.177% → −0.283%
- $45.99
- Slippage, 4 orders
- −$305.89
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$171.58
- Costs to cover
- 3.209%
- Break-even
- 18.6 days
Slippage from Bybit: live order book, 3 min ago; MEXC: live order book, 3 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, 3 min ago | 12.19 bp | 158.7 bp −$159 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 3.96 bp | 24.8 bp −$25 | 71.6 bp −$716 | 461.4 bp −$46.1K | doesn't fit |
US 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit USUSDTlong | +0.0100% | 4h | 0.01639 | long leg | $3.2M | $913K | 20x | |
| Gate US_USDT | +0.0100% | 4h | 0.01642 | +0.146% | $2.1M | $587K | 20x | as long as short |
| KuCoin USUSDTM | +0.0100% | 4h | 0.01641 | +0.098% | $4.1M | $289K | 20x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01645 | +0.337% | $16K | $3K | — | as long as short |
| Bitget USUSDT | +0.0514% | 4h | 0.01643 | +0.226% | $4.3M | $261K | 10x | as long as short |
| Aster USUSDT | +0.0572% | 4h | 0.01642 | +0.148% | $12K | $53K | 5x | as long as short |
| Extended US-USD | +0.0592% | 1h | 0.01640 | +0.047% | $5K | $99K | 5x | as long as short |
| MEXC US_USDTshort | +0.0592% | 4h | 0.01642 | +0.177% | $5.5M | $112K | 100x | |
| Binance USUSDT | +0.0592% | 4h | 0.01641 | +0.127% | $9.1M | $3.3M | 10x | as long as short |
| BingX US-USDT | +0.0600% | 4h | 0.01640 | +0.061% | — | $1.3M | — | as long as short |
Gate US_USDT
KuCoin USUSDTM
Variational Omni US
Bitget USUSDT
Aster USUSDT
Extended US-USD
Binance USUSDT
BingX US-USDT