Funding you earn now, next payment 08:00 UTC−0.0469%/8h= −51.4% APRnext payment −$2.35 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against Bybit−0.203%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$630.632% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 7 days+0.141%+$14 · spread now −0.203%, 7d avg −0.036%
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and MEXC is 0.166% cheaper against Bybit than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.036%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.001% in total (about -0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.35 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 BANKUSDT | 0.03454 | 0.0657 | pay 0.0329% / 4h | 3h 17m | $2.8M | $6.4M | 20x |
| Short | MEXC BANK_USDT | 0.03447 | 0.0188 | get 0.0094% / 4h | 3h 17m | $2.5M | $533K | 20x |
Bybit BANKUSDT
MEXC BANK_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
- −$98.54
- Price spread: −0.203% → −0.036%
- −$16.63
- Slippage, 4 orders
- −$52.17
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$178.35
- Costs to cover
- 0.632%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 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, 5 min ago | 1.45 bp | 24.0 bp −$24 | 218.7 bp −$2,187 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.45 bp | 8.4 bp −$8 | 35.2 bp −$352 | 106.1 bp −$10.6K | 315.0 bp −$157.5K |
BANK 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BANKUSDT | +0.0100% | 4h | 0.03452 | −0.055% | $54K | $95K | 5x | as long as short |
| Gate BANK_USDT | +0.0100% | 4h | 0.03451 | −0.087% | $716K | $1.3M | 10x | as long as short |
| KuCoin BANKUSDTM | +0.0100% | 4h | 0.03446 | −0.232% | $1.2M | $159K | 50x | as long as short |
| HTX BANK-USDT | +0.0100% | 4h | 0.03453 | −0.029% | $39K | $233K | 20x | as long as short |
| MEXC BANK_USDTshort | +0.0188% | 4h | 0.03447 | −0.203% | $2.5M | $533K | 20x | |
| Binance BANKUSDT | +0.0189% | 4h | 0.03453 | −0.029% | $7.5M | $31.0M | 50x | as long as short |
| edgeX BANKUSDC | +0.0198% | 4h | 0.03451 | −0.097% | $1K | $246K | 5x | as long as short |
| BloFin BANK-USDT | +0.0429% | 4h | 0.03445 | −0.261% | $438K | $77K | 50x | as long as short |
| Bybit BANKUSDTlong | +0.0657% | 4h | 0.03454 | long leg | $2.8M | $6.4M | 20x | |
| Bitget BANKUSDT | +0.0688% | 4h | 0.03451 | −0.087% | $2.8M | $3.5M | 25x | as long as short |
Aster BANKUSDT
Gate BANK_USDT
KuCoin BANKUSDTM
HTX BANK-USDT
Binance BANKUSDT
edgeX BANKUSDC
BloFin BANK-USDT
Bitget BANKUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BANK-USDT | +0.0768% | 4h | 0.03454 | 0.000% | — | $6.9M | — | as long as short |
BingX BANK-USDT