Funding you earn now, next payment 08:00 UTC−0.0051%/8h= −5.6% APRnext payment −$0.51 per $10,000 · paid last 24h −0.039%
Price spread now: Bybit against MEXC−0.134%7-day average −0.214% · you buy dearer than you sell
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1121.123% of the position
Funding, last 7 days−0.131%−$13 on $10k
+Price spread, last 4 days (all we have)−0.086%−$9 · spread now −0.134%, 7d avg −0.214%
=The price spread pays, funding is against you. Bybit is 0.080% dearer against MEXC than usual: you sell high and buy low (spread −0.134% now, against its 7-day average of −0.214%): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CORE_USDT | 0.02238 | 0.0151 | pay 0.0151% / 8h | 7h 09m | $902K | $210K | 100x |
| Short | Bybit COREUSDT | 0.02235 | 0.0100 | get 0.0100% / 8h | 7h 09m | $1.4M | $869K | 20x |
MEXC CORE_USDT
Bybit COREUSDTFunding 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
- −$10.71
- Price spread: −0.134% → −0.214%
- $7.95
- Slippage, 4 orders
- −$97.35
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$115.1
- Costs to cover
- 1.123%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 56 min ago; Bybit: live order book, 1 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, 56 min ago | 4.51 bp | 15.9 bp −$16 | 66.3 bp −$663 | 119.1 bp −$11.9K | 228.1 bp −$114.1K |
| Sell Bybit live order book, 1 min ago | 8.95 bp | 40.4 bp −$40 | 238.1 bp −$2,381 | doesn't fit | doesn't fit |
CORE on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CORE | −0.0230% | 8h | 0.02233 | −0.218% | $8K | $892 | — | as long as short |
| Bybit COREUSDTshort | +0.0100% | 8h | 0.02235 | −0.134% | $1.4M | $869K | 20x | |
| OKX CORE-USDT-SWAP | +0.0100% | 8h | 0.02240 | +0.089% | $1.8M | $4.3M | 20x | as long as short |
| Gate CORE_USDT | +0.0100% | 8h | 0.02240 | +0.089% | $169K | $172K | 25x | as long as short |
| MEXC CORE_USDTlong | +0.0151% | 8h | 0.02238 | long leg | $902K | $210K | 100x | |
| BingX CORE-USDT | +0.0151% | 8h | 0.02240 | +0.089% | — | $1.3M | — | as long as short |
Variational Omni CORE
OKX CORE-USDT-SWAP
Gate CORE_USDT
BingX CORE-USDT