Funding you earn now, next payment 08:00 UTC+0.0400%/8h= +43.8% APRpaid last 24h +0.052%
Price spread now: Bybit against MEXC+0.133%7-day average −0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$370.374% of the position
Funding, last 7 days+0.121%+$12 on $10k
+Price spread, last 4 days (all we have)−0.161%−$16 · spread now +0.133%, 7d avg −0.024%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Bybit is 0.156% dearer against MEXC than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.024%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.121% in total (about 6.3% a year). A funding rate is set anew for every payment. 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 | MEXC EUR_USDT | 1.1465 | −0.0400 | get 0.0200% / 4h | 33m 22s | $6.8M | $134K | 100x |
| Short | Bybit EURUSDUSDT | 1.1480 | 0 | get 0.0000% / 8h | 33m 22s | $580K | $311K | 100x |
MEXC EUR_USDT
Bybit EURUSDUSDTFunding 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
- $84
- Price spread: +0.133% → −0.024%
- $15.61
- Slippage, 4 orders
- −$18.39
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $62.23
- Costs to cover
- 0.374%
- Break-even
- 1.8 days
Slippage from MEXC: live order book, 4 min ago; Bybit: live order book, 62 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, 4 min ago | 0.44 bp | 6.0 bp −$6 | 6.6 bp −$66 | 35.1 bp −$3,505 | 140.4 bp −$70.2K |
| Sell Bybit live order book, 62 min ago | 4.00 bp | 16.5 bp −$17 | 38.0 bp −$380 | doesn't fit | doesn't fit |
EUR on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC EUR_USDTlong | −0.0400% | 4h | 1.1465 | long leg | $6.8M | $134K | 100x | |
| Kraken Futures PF_EURUSD | −0.0020% | 1h | 1.1461 | −0.036% | $3K | — | 50x | as long as short |
| Bybit EURUSDUSDTshort | 0.0000% | 8h | 1.1480 | +0.133% | $580K | $311K | 100x | |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1475 | +0.087% | $144K | $5K | 100x | as long as short |
| Bitget EURUSDUSDT | 0.0000% | 8h | 1.1473 | +0.070% | $263K | $25K | 100x | as long as short |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1463 | −0.017% | $247K | $122K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1470 | +0.044% | — | $2.4M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1474 | +0.078% | $13K | $271K | 20x | as long as short |
| Extended EUR-USD | +0.0032% | 1h | 1.1462 | −0.025% | $6.8M | $1.3M | 100x | as long as short |
| Injective EURUSD/USDC PERP | +0.0033% | 1h | 1.1466 | +0.012% | $9K | $78K | 101x | as long as short |
Kraken Futures PF_EURUSD
Gate EURUSD_USDT
Bitget EURUSDUSDT
Orderly PERP_EURUSD_USDC
SunX EURUSD-USDT
HTX EURUSD-USDT
Extended EUR-USD
Injective EURUSD/USDC PERPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado EURUSD-PERP | +0.0042% | 1h | 1.1466 | +0.007% | $467K | $159K | 40x | as long as short |
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1494 | +0.257% | — | $241K | 100x | as long as short |
| Pacifica EURUSD | +0.0100% | 1h | 1.1468 | +0.026% | $191K | $60K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1473 | +0.066% | $12K | — | 10x | as long as short |
| Hotstuff EURUSD-PERP | +0.0176% | 1h | 1.1471 | +0.052% | $33K | — | 50x | as long as short |
| Lighter EURUSD | +0.0192% | 1h | 1.1475 | +0.089% | $2.1M | $432K | 50x | as long as short |
| Hibachi EUR/USDT-P | +0.0192% | 1h | 1.1465 | −0.002% | $163K | $8.3M | 30x | as long as short |
| tradeXYZ xyz:EUR | +0.0214% | 1h | 1.1469 | +0.035% | $23.2M | $1.6M | 50x | as long as short |
Nado EURUSD-PERP
Vest EUR-USD-PERP
Pacifica EURUSD
Aevo EURUSD-PERP
Hotstuff EURUSD-PERP
Lighter EURUSD
Hibachi EUR/USDT-P
tradeXYZ xyz:EUR