Funding you earn now, next payment 00:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.26 per $10,000 · paid last 24h −0.126%
Price spread now: Bybit against MEXC−0.059%7-day average −0.215% · you buy dearer than you sell
Net, funding: paid 7d − costs−$238as in the Funding arb table
Net, price: spread back to 7d avg − costs−$195as in the Price arb table
costs, in and out, $10k−$2112.108% of the position
Funding, last 7 days−0.267%−$27 on $10k
+Price spread, last 7 days−0.159%−$16 · spread now −0.059%, 7d avg −0.215%
=Both sides work for this trade now. Funding pays +$2 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 −0.215%. Mind the row above: over the last 7 days funding on this pair cost −0.267%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC B_USDT | 0.2025 | 0.0860 | pay 0.0430% / 4h | 2h 10m | $968K | $345K | 100x |
| Short | Bybit BUSDT | 0.2024 | 0.0912 | get 0.0456% / 4h | 2h 10m | $1.7M | $947K | 13x |
MEXC B_USDT
Bybit BUSDTFunding 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
- $10.85
- Price spread: −0.059% → −0.215%
- $15.6
- Slippage, 4 orders
- −$195.84
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$184.39
- Costs to cover
- 2.108%
- Break-even
- 126.0 days
Slippage from MEXC: live order book, 9 min ago; Bybit: live order book, 6 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, 9 min ago | 2.47 bp | 10.1 bp −$10 | 90.5 bp −$905 | 240.3 bp −$24.0K | doesn't fit |
| Sell Bybit live order book, 6 min ago | 0.49 bp | 73.3 bp −$73 | 862.3 bp −$8,623 | doesn't fit | doesn't fit |
B on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate B_USDT | +0.0100% | 4h | 0.2025 | 0.000% | $3.4M | $595K | 20x | as long as short |
| KuCoin BUSDTM | +0.0100% | 4h | 0.2023 | −0.089% | $1.9M | $71K | 10x | as long as short |
| edgeX BUSDC | +0.0831% | 4h | 0.2028 | +0.130% | $3K | $393K | 5x | as long as short |
| BloFin B-USDT | +0.0834% | 4h | 0.2028 | +0.148% | $595K | $39K | 20x | as long as short |
| Extended B-USD | +0.0856% | 1h | 0.2025 | −0.012% | $15K | $117K | 5x | as long as short |
| Binance BUSDT | +0.0860% | 4h | 0.2025 | 0.000% | $11.7M | $2.0M | 20x | as long as short |
| MEXC B_USDTlong | +0.0860% | 4h | 0.2025 | long leg | $968K | $345K | 100x | |
| Bybit BUSDTshort | +0.0912% | 4h | 0.2024 | −0.059% | $1.7M | $947K | 13x | |
| BingX B-USDT | +0.0958% | 4h | 0.2025 | 0.000% | — | $1.2M | — | as long as short |
| Bitget BUSDT | +0.1024% | 4h | 0.2027 | +0.099% | $2.7M | $230K | 10x | as long as short |
Gate B_USDT
KuCoin BUSDTM
edgeX BUSDC
BloFin B-USDT
Extended B-USD
Binance BUSDT
BingX B-USDT
Bitget BUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1342% | 4h | 0.2026 | +0.047% | $1.9M | $202K | 5x | as long as short |
Aster BUSDT