Funding you earn now, next payment 00:00 UTC−0.0417%/8h= −45.6% APRnext payment −$2.08 per $10,000 · paid last 24h −0.032%
Price spread now: MEXC against Bybit−0.031%7-day average −0.108% · you buy dearer than you sell
Net, funding: paid 7d − costs−$187as in the Funding arb table
Net, price: spread back to 7d avg − costs−$176as in the Price arb table
costs, in and out, $10k−$1841.838% of the position
Funding, last 7 days−0.032%−$3 on $10k
+Price spread, last 4 days (all we have)−0.037%−$4 · spread now −0.031%, 7d avg −0.108%
=The price spread pays, funding is against you. MEXC is 0.077% dearer against Bybit than usual: you sell high and buy low (spread −0.031% now, against its 7-day average of −0.108%): +$8 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 7 days (−0.032% in total) that is about 17 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.032% in total (about -1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.08 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 AWEUSDT | 0.06399 | 0.0517 | pay 0.0258% / 4h | 18m 53s | $537K | $221K | 25x |
| Short | MEXC AWE_USDT | 0.06397 | 0.0100 | get 0.0050% / 4h | 18m 53s | $1.1M | $133K | 20x |
Bybit AWEUSDT
MEXC AWE_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
- −$87.5
- Price spread: −0.031% → −0.108%
- $7.66
- Slippage, 4 orders
- −$168.75
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$263.59
- Costs to cover
- 1.838%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 51 min ago; MEXC: 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 Bybit live order book, 51 min ago | 3.90 bp | 76.7 bp −$77 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 3.91 bp | 23.0 bp −$23 | 56.1 bp −$561 | 141.2 bp −$14.1K | doesn't fit |
AWE 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin AWE-USDT | +0.0087% | 4h | 0.06393 | −0.094% | $143K | $23K | 40x | as long as short |
| Aster AWEUSDT | +0.0100% | 4h | 0.06388 | −0.165% | $2K | $8K | 5x | as long as short |
| Binance AWEUSDT | +0.0100% | 4h | 0.06394 | −0.078% | $2.2M | $1.4M | 40x | as long as short |
| Gate AWE_USDT | +0.0100% | 8h | 0.06392 | −0.109% | $47K | $40K | 25x | as long as short |
| MEXC AWE_USDTshort | +0.0100% | 4h | 0.06397 | −0.031% | $1.1M | $133K | 20x | |
| KuCoin AWEUSDTM | +0.0100% | 4h | 0.06398 | −0.016% | $151K | $65K | 20x | as long as short |
| Bitget AWEUSDT | +0.0100% | 4h | 0.06397 | −0.028% | $437K | $255K | 40x | as long as short |
| BingX AWE-USDT | +0.0452% | 4h | 0.06394 | −0.078% | — | $6.6M | — | as long as short |
| Bybit AWEUSDTlong | +0.0517% | 4h | 0.06399 | long leg | $537K | $221K | 25x |
BloFin AWE-USDT
Aster AWEUSDT
Binance AWEUSDT
Gate AWE_USDT
KuCoin AWEUSDTM
Bitget AWEUSDT
BingX AWE-USDT