Funding you earn now, next payment 04:00 UTC−0.0644%/8h= −70.5% APRnext payment −$3.22 per $10,000 · paid last 24h −0.291%
Price spread now: Bybit against MEXC−0.193%7-day average −0.168% · you buy dearer than you sell
Net, funding: paid 7d − costs−$324as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1441.445% of the position
Funding, last 7 days−1.793%−$179 on $10k
+Price spread, last 7 days+0.132%+$13 · spread now −0.193%, 7d avg −0.168%
=Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Bybit is 0.024% cheaper against MEXC than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.168%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BR_USDT | 1.1269 | 0.0744 | pay 0.0372% / 4h | 23m 29s | $15.3M | $6.8M | 100x |
| Short | Bybit BRUSDT | 1.1248 | 0.0100 | get 0.0050% / 4h | 23m 29s | $10.8M | $23.4M | 5x |
MEXC BR_USDT
Bybit BRUSDTFunding 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
- −$135.24
- Price spread: −0.193% → −0.168%
- −$2.43
- Slippage, 4 orders
- −$129.49
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$282.15
- Costs to cover
- 1.445%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; Bybit: live order book, 5 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, 5 min ago | 4.09 bp | 20.2 bp −$20 | 46.8 bp −$468 | 173.4 bp −$17.3K | 503.4 bp −$251.7K |
| Sell Bybit live order book, 5 min ago | 3.53 bp | 43.9 bp −$44 | 182.2 bp −$1,822 | doesn't fit | doesn't fit |
BR 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX BR-USDT | +0.0080% | 4h | 1.1252 | −0.155% | — | $5.9M | — | as long as short |
| Bybit BRUSDTshort | +0.0100% | 4h | 1.1248 | −0.193% | $10.8M | $23.4M | 5x | |
| Gate BR_USDT | +0.0100% | 4h | 1.1240 | −0.256% | $7.5M | $8.3M | 20x | as long as short |
| Bitget BRUSDT | +0.0100% | 4h | 1.1250 | −0.169% | $8.2M | $11.0M | 10x | as long as short |
| Variational Omni BR | +0.0100% | 4h | 1.1198 | −0.629% | $262K | $256K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.1268 | −0.009% | — | $708K | 10x | as long as short |
| HTX BR-USDT | +0.0100% | 4h | 1.1246 | −0.210% | $86K | $246K | 20x | as long as short |
| KuCoin BRUSDTM | +0.0140% | 4h | 1.1249 | −0.183% | $4.9M | $5.1M | 30x | as long as short |
| Aster BRUSDT | +0.0493% | 4h | 1.1236 | −0.295% | $662K | $2.5M | 5x | as long as short |
| MEXC BR_USDTlong | +0.0744% | 4h | 1.1269 | long leg | $15.3M | $6.8M | 100x |
BingX BR-USDT
Gate BR_USDT
Bitget BRUSDT
Variational Omni BR
SunX BR-USDT
HTX BR-USDT
KuCoin BRUSDTM
Aster BRUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BRUSDT | +0.0746% | 4h | 1.1249 | −0.181% | $53.7M | $142.7M | 25x | as long as short |
Binance BRUSDT