Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.099%
Price spread now: MEXC against Bybit−0.073%7-day average +0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1161.156% of the position
Funding, last 7 days+0.410%+$41 on $10k
+Price spread, last 4 days (all we have)+0.167%+$17 · spread now −0.073%, 7d avg +0.078%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.151% cheaper against Bybit than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.078%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CPUSDT | 0.01379 | 0.0100 | pay 0.0050% / 4h | 3h 28m | $1.5M | $2.4M | 20x |
| Short | MEXC CP_USDT | 0.01378 | 0.0100 | get 0.0050% / 4h | 3h 28m | $1.5M | $365K | 20x |
Funding 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
- $0
- Price spread: −0.073% → +0.078%
- −$15.08
- Slippage, 4 orders
- −$100.6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$130.68
- Costs to cover
- 1.156%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; MEXC: live order book, 3 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, 4 min ago | 7.25 bp | 53.8 bp −$54 | 434.7 bp −$4,347 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 3.62 bp | 7.1 bp −$7 | 48.6 bp −$486 | 366.6 bp −$36.7K | doesn't fit |
CP on 8 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 CP-USDT | +0.0070% | 4h | 0.01381 | +0.145% | — | $1.0M | — | as long as short |
| Bybit CPUSDTlong | +0.0100% | 4h | 0.01379 | long leg | $1.5M | $2.4M | 20x | |
| OKX CP-USDT-SWAP | +0.0100% | 4h | 0.01380 | +0.073% | $3.9M | $10.9M | 20x | as long as short |
| Gate CP_USDT | +0.0100% | 4h | 0.01378 | −0.073% | $570K | $517K | 20x | as long as short |
| MEXC CP_USDTshort | +0.0100% | 4h | 0.01378 | −0.073% | $1.5M | $365K | 20x | |
| KuCoin CPUSDTM | +0.0100% | 4h | 0.01381 | +0.145% | $192K | $917K | 20x | as long as short |
| Bitget CPUSDT | +0.0100% | 4h | 0.01380 | +0.080% | $797K | $1.5M | 20x | as long as short |
| BloFin CP-USDT | +0.0146% | 4h | 0.01383 | +0.290% | $415 | $38K | 20x | as long as short |
Bybit CPUSDT
MEXC CP_USDT
BingX CP-USDT
OKX CP-USDT-SWAP
Gate CP_USDT
KuCoin CPUSDTM
Bitget CPUSDT
BloFin CP-USDT