Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC−0.007%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$209as in the Funding arb table
Net, price: spread back to 7d avg − costs−$209as in the Price arb table
costs, in and out, $10k−$2092.092% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.011%+$1 · spread now −0.007%, 7d avg −0.006%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC IO_USDT | 0.1514 | 0.0100 | pay 0.0050% / 4h | 1h 59m | $1.2M | $220K | 125x |
| Short | Bybit IOUSDT | 0.1514 | 0.0100 | get 0.0050% / 4h | 1h 59m | $1.1M | $909K | 25x |
MEXC IO_USDT
Bybit IOUSDTFunding 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
- $0
- Price spread: −0.007% → −0.006%
- −$0.08
- Slippage, 4 orders
- −$194.24
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$209.32
- Costs to cover
- 2.092%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 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, 1 min ago | 6.60 bp | 21.9 bp −$22 | 185.4 bp −$1,854 | 279.5 bp −$27.9K | doesn't fit |
| Sell Bybit live order book, 1 min ago | 6.61 bp | 78.8 bp −$79 | 442.7 bp −$4,427 | doesn't fit | doesn't fit |
IO on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective IO/USDC PERP | −0.0430% | 1h | 0.1517 | +0.198% | $2K | $198 | 5.5x | as long as short |
| Hyperliquid IO | +0.0100% | 1h | 0.1516 | +0.112% | $1.0M | $379K | 3x | as long as short |
| Aster IOUSDT | +0.0100% | 4h | 0.1517 | +0.167% | $6K | $32K | 5x | as long as short |
| Binance IOUSDT | +0.0100% | 4h | 0.1516 | +0.162% | $3.0M | $6.5M | 50x | as long as short |
| Bybit IOUSDTshort | +0.0100% | 4h | 0.1514 | −0.007% | $1.1M | $909K | 25x | |
| Gate IO_USDT | +0.0100% | 4h | 0.1515 | +0.053% | $234K | $554K | 50x | as long as short |
| MEXC IO_USDTlong | +0.0100% | 4h | 0.1514 | long leg | $1.2M | $220K | 125x | |
| KuCoin IOUSDTM | +0.0100% | 4h | 0.1515 | +0.066% | $358K | $668K | 50x | as long as short |
| Bitget IOUSDT | +0.0100% | 4h | 0.1517 | +0.198% | $1.3M | $1.2M | 50x | as long as short |
| BingX IO-USDT | +0.0100% | 4h | 0.1515 | +0.066% | — | $1.3M | — | as long as short |
Injective IO/USDC PERP
Hyperliquid IO
Aster IOUSDT
Binance IOUSDT
Gate IO_USDT
KuCoin IOUSDTM
Bitget IOUSDT
BingX IO-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IO | +0.0100% | 4h | 0.1513 | −0.051% | $33K | $13K | — | as long as short |
| Extended IO-USD | +0.0104% | 1h | 0.1516 | +0.111% | $1K | $134K | 5x | as long as short |
| Kraken Futures PF_IOUSD | +2.3436% | 1h | 0.1515 | +0.096% | $39K | $18K | 10x | as long as short |
Variational Omni IO
Extended IO-USD
Kraken Futures PF_IOUSD