Funding you earn now, next payment 04:00 UTC−0.0268%/8h= −29.3% APRnext payment −$1.34 per $10,000 · paid last 24h +0.028%
Price spread now: MEXC against Bybit−0.030%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$308as in the Funding arb table
Net, price: spread back to 7d avg − costs−$358as in the Price arb table
costs, in and out, $10k−$3573.566% of the position
Funding, last 7 days+0.489%+$49 on $10k
+Price spread, last 4 days (all we have)+0.010%+$1 · spread now −0.030%, 7d avg −0.016%
=The price spread sits at its 7-day average of −0.016%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.489%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit LONGXIAUSDT | 0.2334 | 0.0368 | pay 0.0184% / 4h | 2h 43m | $731K | $7.3M | 10x |
| Short | MEXC LONGXIA_USDT | 0.2333 | 0.0100 | get 0.0050% / 4h | 2h 43m | $1.8M | $1.4M | 50x |
Bybit LONGXIAUSDT
MEXC LONGXIA_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
- −$56.26
- Price spread: −0.030% → −0.016%
- −$1.39
- Slippage, 4 orders
- −$341.63
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$414.28
- Costs to cover
- 3.566%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; MEXC: live order book, 8 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 | 6.34 bp | 129.1 bp −$129 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 8 min ago | 1.70 bp | 19.4 bp −$19 | 48.9 bp −$489 | 252.3 bp −$25.2K | 862.3 bp −$431.1K |
LONGXIA on 4 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 LONGXIA-USDT | +0.0070% | 4h | 0.2333 | −0.056% | — | $2.2M | — | as long as short |
| MEXC LONGXIA_USDTshort | +0.0100% | 4h | 0.2333 | −0.030% | $1.8M | $1.4M | 50x | |
| Bybit LONGXIAUSDTlong | +0.0368% | 4h | 0.2334 | long leg | $731K | $7.3M | 10x | |
| KuCoin LONGXIAUSDTM | +0.0896% | 4h | 0.2331 | −0.131% | $37.9M | $4.2M | 10x | as long as short |
BingX LONGXIA-USDT
KuCoin LONGXIAUSDTM