Funding you earn now, next payment 04:00 UTC+0.0743%/8h= +81.4% APRnext payment +$3.72 per $10,000 · paid last 24h −0.007%
Price spread now: Bybit against MEXC+0.146%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$308as in the Funding arb table
Net, price: spread back to 7d avg − costs−$262as in the Price arb table
costs, in and out, $10k−$2752.751% of the position
Funding, last 7 days−0.327%−$33 on $10k
+Price spread, last 4 days (all we have)−0.192%−$19 · spread now +0.146%, 7d avg +0.012%
=Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Bybit is 0.134% dearer against MEXC than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.012%. Mind the row above: over the last 7 days funding on this pair cost −0.327%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.327% in total (about -17.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.72 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 | MEXC ARX_USDT | 0.2060 | 0.0640 | pay 0.0320% / 4h | 1h 59m | $908K | $426K | 20x |
| Short | Bybit ARXUSDT | 0.2063 | 0.1383 | get 0.0692% / 4h | 1h 59m | $4.2M | $2.3M | 20x |
MEXC ARX_USDT
Bybit ARXUSDTFunding 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
- $156.08
- Price spread: +0.146% → +0.012%
- $13.36
- Slippage, 4 orders
- −$256.08
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$105.65
- Costs to cover
- 2.751%
- Break-even
- 11.7 days
Slippage from MEXC: live order book, 61 min ago; Bybit: 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 MEXC live order book, 61 min ago | 2.51 bp | 19.6 bp −$20 | 71.3 bp −$713 | 272.9 bp −$27.3K | 808.6 bp −$404.3K |
| Sell Bybit live order book, 3 min ago | 4.84 bp | 107.5 bp −$108 | 1096.7 bp −$11.0K | doesn't fit | doesn't fit |
ARX 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ARXUSDTM | +0.0100% | 4h | 0.2061 | +0.029% | $725K | $777K | 20x | as long as short |
| Bitget ARXUSDT | +0.0100% | 4h | 0.2060 | +0.019% | $2.0M | $1.7M | 20x | as long as short |
| Gate ARX_USDT | +0.0352% | 4h | 0.2072 | +0.583% | $1.0M | $420K | 20x | as long as short |
| Binance ARXUSDT | +0.0630% | 4h | 0.2061 | +0.030% | $5.5M | $11.2M | 20x | as long as short |
| MEXC ARX_USDTlong | +0.0640% | 4h | 0.2060 | long leg | $908K | $426K | 20x | |
| OKX ARX-USDT-SWAP | +0.0700% | 4h | 0.2063 | +0.146% | $744K | $3.1M | 20x | as long as short |
| Aster ARXUSDT | +0.0909% | 4h | 0.2063 | +0.145% | $79K | $96K | 10x | as long as short |
| Bybit ARXUSDTshort | +0.1383% | 4h | 0.2063 | +0.146% | $4.2M | $2.3M | 20x | |
| BingX ARX-USDT | +0.1406% | 4h | 0.2062 | +0.097% | — | $1.7M | — | as long as short |
KuCoin ARXUSDTM
Bitget ARXUSDT
Gate ARX_USDT
Binance ARXUSDT
OKX ARX-USDT-SWAP
Aster ARXUSDT
BingX ARX-USDT