Settings8H · net · $10k
Funding arb · Price arb /

BB

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0446%/8h= +48.8% APRnext payment +$2.23 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC−0.110%7-day average +0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs−$249as in the Funding arb table
Net, price: spread back to 7d avg − costs−$270as in the Price arb table
costs, in and out, $10k−$2492.492% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.203%+$20 · spread now −0.110%, 7d avg +0.097%
Together, before fees+0.203%+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.207% cheaper against MEXC than usual: you would sell low and buy high (spread −0.110% now, against its 7-day average of +0.097%). If the spread goes back, that is −$21 on $10k: about 37 hours of funding at the current rate (+$13 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.000% in total (about -0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.23 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BB_USDT0.0091320.0100pay 0.0050% / 4h3h 00m$1.4M$582K100x
ShortBybit BBUSDT0.0091220.0546get 0.0273% / 4h3h 00m$691K$812K25x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$93.68
Price spread: −0.110% → +0.097%
−$20.7
Slippage, 4 orders
−$234.25
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$176.27
Costs to cover
2.492%
Break-even
20.2 days
Slippage from MEXC: live order book, 1 min ago; Bybit: live order book, 50 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 1 min ago0.55 bp22.0 bp −$2268.3 bp −$683246.9 bp −$24.7K552.3 bp −$276.1K
Sell Bybit live order book, 50 min ago4.91 bp93.3 bp −$93265.0 bp −$2,650doesn't fitdoesn't fit

BB on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BBUSD−0.1341%1h0.009107−0.270%$21K$3K10xas long as short
Aster BBUSDT+0.0100%4h0.009123−0.099%$13K$14K5xas long as short
Binance BBUSDT+0.0100%4h0.009120−0.134%$3.3M$7.0M50xas long as short
Gate BB_USDT+0.0100%4h0.009130−0.022%$136K$233K50xas long as short
MEXC BB_USDTlong+0.0100%4h0.009132long leg$1.4M$582K100x
KuCoin BBUSDTM+0.0100%4h0.009120−0.131%$449K$97K50xas long as short
Bitget BBUSDT+0.0100%4h0.009120−0.131%$343K$499K50xas long as short
Bybit BBUSDTshort+0.0546%4h0.009122−0.110%$691K$812K25x
BingX BB-USDT+0.0580%4h0.009111−0.230%$1.3Mas long as short