Funding you earn now, next payment 08:00 UTC+0.0103%/8h= +11.3% APRnext payment +$0.51 per $10,000 · paid last 24h +0.099%
Price spread now: MEXC against Bybit+0.085%7-day average −0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$579as in the Funding arb table
Net, price: spread back to 7d avg − costs−$577as in the Price arb table
costs, in and out, $10k−$5935.926% of the position
Funding, last 7 days+0.138%+$14 on $10k
+Price spread, last 4 days (all we have)−0.138%−$14 · spread now +0.085%, 7d avg −0.072%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and MEXC is 0.156% dearer against Bybit than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.072%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GWEIUSDT | 0.02365 | 0.0101 | pay 0.0051% / 4h | 14m 07s | $394K | $282K | 25x |
| Short | MEXC GWEI_USDT | 0.02367 | 0.0204 | get 0.0102% / 4h | 14m 07s | $129K | $94K | 20x |
Bybit GWEIUSDT
MEXC GWEI_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
- $21.62
- Price spread: +0.085% → −0.072%
- $15.64
- Slippage, 4 orders
- −$577.63
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$555.37
- Costs to cover
- 5.926%
- Break-even
- 186.8 days
Slippage from Bybit: live order book, 15 min ago; MEXC: live order book, 61 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, 15 min ago | 4.24 bp | 348.0 bp −$348 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 61 min ago | 2.12 bp | 22.3 bp −$22 | 114.6 bp −$1,146 | 456.6 bp −$45.7K | doesn't fit |
GWEI 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate GWEI_USDT | +0.0100% | 4h | 0.02362 | −0.144% | $403K | $607K | 10x | as long as short |
| Variational Omni GWEI | +0.0100% | 4h | 0.02363 | −0.100% | $5K | $1K | — | as long as short |
| Bybit GWEIUSDTlong | +0.0101% | 4h | 0.02365 | long leg | $394K | $282K | 25x | |
| BloFin GWEI-USDT | +0.0156% | 4h | 0.02367 | +0.085% | $163K | $42K | 50x | as long as short |
| MEXC GWEI_USDTshort | +0.0204% | 4h | 0.02367 | +0.085% | $129K | $94K | 20x | |
| Binance GWEIUSDT | +0.0204% | 4h | 0.02368 | +0.118% | $2.5M | $5.5M | 50x | as long as short |
| Extended GWEI-USD | +0.0208% | 1h | 0.02367 | +0.088% | $6K | $220K | 5x | as long as short |
| KuCoin GWEIUSDTM | +0.0312% | 4h | 0.02361 | −0.169% | $466K | $36K | 20x | as long as short |
| BingX GWEI-USDT | +0.0816% | 4h | 0.02366 | +0.042% | — | $1.6M | — | as long as short |
| Bitget GWEIUSDT | +0.0852% | 4h | 0.02362 | −0.127% | $2.0M | $492K | 20x | as long as short |
Gate GWEI_USDT
Variational Omni GWEI
BloFin GWEI-USDT
Binance GWEIUSDT
Extended GWEI-USD
KuCoin GWEIUSDTM
BingX GWEI-USDT
Bitget GWEIUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GWEIUSDT | +0.1176% | 4h | 0.02362 | −0.127% | $19K | $32K | 10x | as long as short |
Aster GWEIUSDT