Funding you earn now, next payment 08:00 UTC−0.0162%/8h= −17.7% APRnext payment −$0.81 per $10,000 · paid last 24h −0.127%
Price spread now: Bybit against MEXC+0.183%7-day average +0.275% · you sell dearer than you buy
Net, funding: paid 7d − costs−$318as in the Funding arb table
Net, price: spread back to 7d avg − costs−$308as in the Price arb table
costs, in and out, $10k−$2992.985% of the position
Funding, last 7 days−0.195%−$19 on $10k
+Price spread, last 7 days+0.130%+$13 · spread now +0.183%, 7d avg +0.275%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bybit is 0.092% cheaper against MEXC than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.275%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC US_USDT | 0.01586 | 0.0262 | pay 0.0131% / 4h | 20m 21s | $5.3M | $116K | 100x |
| Short | Bybit USUSDT | 0.01589 | 0.0100 | get 0.0050% / 4h | 20m 21s | $3.1M | $968K | 20x |
MEXC US_USDT
Bybit USUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against MEXC. 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
- −$34.02
- Price spread: +0.183% → +0.275%
- −$9.2
- Slippage, 4 orders
- −$283.5
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$341.73
- Costs to cover
- 2.985%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Bybit: live order book, 2 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 MEXC live order book, 2 min ago | 4.09 bp | 36.8 bp −$37 | 58.3 bp −$583 | 560.7 bp −$56.1K | doesn't fit |
| Sell Bybit live order book, 2 min ago | 15.73 bp | 101.2 bp −$101 | doesn't fit | doesn't fit | doesn't fit |
US 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin USUSDTM | −0.1198% | 4h | 0.01580 | −0.422% | $3.7M | $488K | 20x | as long as short |
| Bybit USUSDTshort | +0.0100% | 4h | 0.01589 | +0.183% | $3.1M | $968K | 20x | |
| Gate US_USDT | +0.0100% | 4h | 0.01584 | −0.145% | $2.0M | $646K | 20x | as long as short |
| Bitget USUSDT | +0.0100% | 4h | 0.01589 | +0.177% | $4.2M | $268K | 10x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01591 | +0.285% | $16K | $4K | — | as long as short |
| Aster USUSDT | +0.0118% | 4h | 0.01588 | +0.120% | $14K | $54K | 5x | as long as short |
| BloFin US-USDT | +0.0211% | 4h | 0.01591 | +0.303% | $467K | $47K | 10x | as long as short |
| BingX US-USDT | +0.0226% | 4h | 0.01588 | +0.120% | — | $1.3M | — | as long as short |
| Binance USUSDT | +0.0261% | 4h | 0.01586 | −0.016% | $8.9M | $3.4M | 10x | as long as short |
| MEXC US_USDTlong | +0.0262% | 4h | 0.01586 | long leg | $5.3M | $116K | 100x |
KuCoin USUSDTM
Gate US_USDT
Bitget USUSDT
Variational Omni US
Aster USUSDT
BloFin US-USDT
BingX US-USDT
Binance USUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended US-USD | +0.0264% | 1h | 0.01587 | +0.061% | $2K | $203K | 5x | as long as short |
Extended US-USD