Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bybit−0.156%7-day average −0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1161.158% of the position
Funding, last 7 days−0.325%−$33 on $10k
+Price spread, last 4 days (all we have)+0.127%+$13 · spread now −0.156%, 7d avg −0.089%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.067% cheaper against Bybit than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.089%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AXLUSDT | 0.05137 | 0.0100 | pay 0.0050% / 4h | 1h 06m | $1.4M | $1.0M | 25x |
| Short | MEXC AXL_USDT | 0.05129 | 0.0100 | get 0.0050% / 4h | 1h 06m | $302K | $147K | 50x |
Bybit AXLUSDT
MEXC AXL_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
- $0
- Price spread: −0.156% → −0.089%
- −$6.71
- Slippage, 4 orders
- −$100.8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$122.51
- Costs to cover
- 1.158%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; MEXC: live order book, 30 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, 2 min ago | 2.92 bp | 41.8 bp −$42 | 218.9 bp −$2,189 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 30 min ago | 1.95 bp | 16.7 bp −$17 | 66.1 bp −$661 | 121.5 bp −$12.1K | doesn't fit |
AXL on 9 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BingX AXL-USDT | +0.0070% | 4h | 0.05132 | −0.097% | — | $2.3M | — | as long as short |
| BloFin AXL-USDT | +0.0074% | 4h | 0.05130 | −0.136% | $115K | $9K | 50x | as long as short |
| Aster AXLUSDT | +0.0100% | 4h | 0.05134 | −0.065% | $34K | $5K | 5x | as long as short |
| Binance AXLUSDT | +0.0100% | 4h | 0.05130 | −0.136% | $1.8M | $2.5M | 50x | as long as short |
| Bybit AXLUSDTlong | +0.0100% | 4h | 0.05137 | long leg | $1.4M | $1.0M | 25x | |
| MEXC AXL_USDTshort | +0.0100% | 4h | 0.05129 | −0.156% | $302K | $147K | 50x | |
| KuCoin AXLUSDTM | +0.0100% | 4h | 0.05135 | −0.039% | $445K | $62K | 30x | as long as short |
| Bitget AXLUSDT | +0.0100% | 4h | 0.05129 | −0.156% | $555K | $273K | 50x | as long as short |
| Variational Omni AXL | +0.0100% | 4h | 0.05134 | −0.064% | $6K | $23K | — | as long as short |
BingX AXL-USDT
BloFin AXL-USDT
Aster AXLUSDT
Binance AXLUSDT
KuCoin AXLUSDTM
Bitget AXLUSDT
Variational Omni AXL