Funding you earn now, next payment 12:00 UTC−0.0873%/8h= −95.6% APRnext payment −$4.37 per $10,000 · paid last 24h −0.064%
Price spread now: MEXC against Bybit−0.204%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$830.833% of the position
Funding, last 7 days−0.118%−$12 on $10k
+Price spread, last 7 days+0.093%+$9 · spread now −0.204%, 7d avg −0.025%
=Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and MEXC is 0.179% cheaper against Bybit than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.025%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.118% in total (about -6.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.37 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MUBARAKUSDT | 0.06278 | 0.1293 | pay 0.0647% / 4h | 1h 05m | $6.8M | $45.4M | 25x |
| Short | MEXC MUBARAK_USDT | 0.06265 | 0.0420 | get 0.0210% / 4h | 1h 05m | $2.1M | $4.1M | 50x |
Bybit MUBARAKUSDT
MEXC MUBARAK_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
- −$183.33
- Price spread: −0.204% → −0.025%
- −$17.93
- Slippage, 4 orders
- −$68.33
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$284.6
- Costs to cover
- 0.833%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; MEXC: live order book, 5 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 | 3.43 bp | 30.7 bp −$31 | 101.2 bp −$1,012 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 1.60 bp | 9.0 bp −$9 | 51.8 bp −$518 | 210.4 bp −$21.0K | 519.6 bp −$259.8K |
MUBARAK on 11 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MUBARAKUSD | −0.1157% | 1h | 0.06242 | −0.569% | $102K | $981K | 10x | as long as short |
| KuCoin MUBARAKUSDTM | +0.0114% | 4h | 0.06272 | −0.092% | $3.9M | $5.1M | 30x | as long as short |
| Bitget MUBARAKUSDT | +0.0370% | 4h | 0.06273 | −0.076% | $4.7M | $28.4M | 25x | as long as short |
| Binance MUBARAKUSDT | +0.0414% | 4h | 0.06269 | −0.140% | $31.0M | $307.8M | 25x | as long as short |
| MEXC MUBARAK_USDTshort | +0.0420% | 4h | 0.06265 | −0.204% | $2.1M | $4.1M | 50x | |
| Aster MUBARAKUSDT | +0.0434% | 4h | 0.06283 | +0.079% | $73K | $1.1M | 5x | as long as short |
| OKX MUBARAK-USDT-SWAP | +0.0727% | 4h | 0.06272 | −0.086% | $5.9M | $168.7M | 20x | as long as short |
| BingX MUBARAK-USDT | +0.1254% | 4h | 0.06261 | −0.268% | — | $6.0M | — | as long as short |
| Bybit MUBARAKUSDTlong | +0.1293% | 4h | 0.06278 | long leg | $6.8M | $45.4M | 25x | |
| Variational Omni MUBARAK | +0.1333% | 4h | 0.06250 | −0.441% | $18K | $103K | — | as long as short |
Kraken Futures PF_MUBARAKUSD
KuCoin MUBARAKUSDTM
Bitget MUBARAKUSDT
Binance MUBARAKUSDT
Aster MUBARAKUSDT
OKX MUBARAK-USDT-SWAP
BingX MUBARAK-USDT
Variational Omni MUBARAKShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MUBARAK_USDT | +0.2588% | 4h | 0.06274 | −0.061% | $11.0M | $17.0M | 50x | as long as short |
Gate MUBARAK_USDT