Funding you earn now, next payment 08:00 UTC−0.0581%/8h= −63.7% APRnext payment −$2.91 per $10,000 · paid last 24h −0.010%
Price spread now: MEXC against Bybit−0.109%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$304as in the Funding arb table
Net, price: spread back to 7d avg − costs−$308as in the Price arb table
costs, in and out, $10k−$3033.028% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)+0.084%+$8 · spread now −0.109%, 7d avg −0.058%
=Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and MEXC is 0.050% cheaper against Bybit than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.058%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.010% in total (about -0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.91 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 ACTUSDT | 0.01105 | 0.0681 | pay 0.0341% / 4h | 2h 33m | $631K | $461K | 25x |
| Short | MEXC ACT_USDT | 0.01104 | 0.0100 | get 0.0050% / 4h | 2h 33m | $6.4M | $113K | 20x |
Bybit ACTUSDT
MEXC ACT_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
- −$122.11
- Price spread: −0.109% → −0.058%
- −$5.05
- Slippage, 4 orders
- −$287.76
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$429.92
- Costs to cover
- 3.028%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 6 min ago; MEXC: live order book, 4 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, 6 min ago | 4.99 bp | 124.9 bp −$125 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 8.14 bp | 20.2 bp −$20 | 55.0 bp −$550 | 108.5 bp −$10.8K | 332.3 bp −$166.2K |
ACT on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ACTUSDT | +0.0100% | 4h | 0.01104 | −0.134% | $2.1M | $2.3M | 10x | as long as short |
| MEXC ACT_USDTshort | +0.0100% | 4h | 0.01104 | −0.109% | $6.4M | $113K | 20x | |
| Bitget ACTUSDT | +0.0100% | 4h | 0.01106 | +0.090% | $266K | $87K | 10x | as long as short |
| OKX ACT-USDT-SWAP | +0.0251% | 4h | 0.01103 | −0.145% | $792K | $1.4M | 10x | as long as short |
| Gate ACT_USDT | +0.0452% | 4h | 0.01107 | +0.181% | $143K | $107K | 25x | as long as short |
| BingX ACT-USDT | +0.0504% | 4h | 0.01105 | +0.027% | — | $1.3M | — | as long as short |
| Bybit ACTUSDTlong | +0.0681% | 4h | 0.01105 | long leg | $631K | $461K | 25x |
Binance ACTUSDT
Bitget ACTUSDT
OKX ACT-USDT-SWAP
Gate ACT_USDT
BingX ACT-USDT