Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.085%
Price spread now: MEXC against Bybit−0.014%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$600.599% of the position
Funding, last 7 days−0.229%−$23 on $10k
+Price spread, last 4 days (all we have)−0.185%−$18 · spread now −0.014%, 7d avg −0.064%
=The price spread pays, funding is against you. MEXC is 0.050% dearer against Bybit than usual: you sell high and buy low (spread −0.014% now, against its 7-day average of −0.064%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 40 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit LAUSDT | 0.07390 | −0.0110 | get 0.0055% / 4h | 2h 30m | $2.4M | $2.6M | 25x |
| Short | MEXC LA_USDT | 0.07389 | −0.0210 | pay 0.0105% / 4h | 2h 30m | $382K | $133K | 50x |
Bybit LAUSDT
MEXC LA_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
- Price spread: −0.014% → −0.064%
- $5.02
- Slippage, 4 orders
- −$44.9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$75.88
- Costs to cover
- 0.599%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; MEXC: live order book, 65 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, 2 min ago | 2.71 bp | 20.7 bp −$21 | 128.4 bp −$1,284 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 65 min ago | 2.03 bp | 9.3 bp −$9 | 36.5 bp −$365 | 387.4 bp −$38.7K | doesn't fit |
LA 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LAUSDT | −0.0600% | 4h | 0.07378 | −0.162% | $2.0M | $474K | 25x | as long as short |
| BingX LA-USDT | −0.0550% | 4h | 0.07389 | −0.014% | — | $6.6M | — | as long as short |
| Gate LA_USDT | −0.0448% | 4h | 0.07387 | −0.041% | $234K | $820K | 50x | as long as short |
| Aster LAUSDT | −0.0332% | 4h | 0.07386 | −0.050% | $51K | $25K | 5x | as long as short |
| Binance LAUSDT | −0.0217% | 4h | 0.07388 | −0.027% | $4.7M | $9.7M | 25x | as long as short |
| MEXC LA_USDTshort | −0.0210% | 4h | 0.07389 | −0.014% | $382K | $133K | 50x | |
| BloFin LA-USDT | −0.0192% | 4h | 0.07379 | −0.149% | $244K | $20K | 25x | as long as short |
| Bybit LAUSDTlong | −0.0110% | 4h | 0.07390 | long leg | $2.4M | $2.6M | 25x | |
| KuCoin LAUSDTM | −0.0034% | 4h | 0.07378 | −0.162% | $1.0M | $79K | 30x | as long as short |
| OKX LA-USDT-SWAP | −0.0022% | 4h | 0.07388 | −0.027% | $1.3M | $2.9M | 20x | as long as short |
Bitget LAUSDT
BingX LA-USDT
Gate LA_USDT
Aster LAUSDT
Binance LAUSDT
BloFin LA-USDT
KuCoin LAUSDTM
OKX LA-USDT-SWAPShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07380 | −0.136% | $141K | $440K | 10x | as long as short |
GRVT LA_USDT_Perp