Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bybit−0.149%7-day average −0.111% · you buy dearer than you sell
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$149as in the Price arb table
costs, in and out, $10k−$1451.452% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)−0.080%−$8 · spread now −0.149%, 7d avg −0.111%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.037% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.111%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NILUSDT | 0.06734 | 0.0100 | pay 0.0050% / 4h | 2h 03m | $3.5M | $14.5M | 20x |
| Short | MEXC NIL_USDT | 0.06724 | 0.0100 | get 0.0050% / 4h | 2h 03m | $2.3M | $6.0M | 100x |
Bybit NILUSDT
MEXC NIL_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
- $0
- Price spread: −0.149% → −0.111%
- −$3.74
- Slippage, 4 orders
- −$130.19
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$148.92
- Costs to cover
- 1.452%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; MEXC: live order book, 4 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, 5 min ago | 1.48 bp | 30.5 bp −$31 | 212.2 bp −$2,122 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 11.13 bp | 44.6 bp −$45 | 165.1 bp −$1,651 | 317.7 bp −$31.8K | 560.3 bp −$280.2K |
NIL on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NILUSDT | +0.0100% | 4h | 0.06723 | −0.163% | $20K | $367K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.06725 | −0.135% | $5.3M | $83.1M | 50x | as long as short |
| Bybit NILUSDTlong | +0.0100% | 4h | 0.06734 | long leg | $3.5M | $14.5M | 20x | |
| Gate NIL_USDT | +0.0100% | 4h | 0.06723 | −0.163% | $432K | $2.1M | 50x | as long as short |
| MEXC NIL_USDTshort | +0.0100% | 4h | 0.06724 | −0.149% | $2.3M | $6.0M | 100x | |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.06723 | −0.163% | $489K | $720K | 30x | as long as short |
| Bitget NILUSDT | +0.0100% | 4h | 0.06729 | −0.074% | $1.7M | $9.3M | 50x | as long as short |
| BingX NIL-USDT | +0.0100% | 4h | 0.06725 | −0.134% | — | $8.6M | — | as long as short |
| Variational Omni NIL | +0.0100% | 4h | 0.06741 | +0.107% | $50K | $148K | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.06718 | −0.236% | $16K | $94K | 5x | as long as short |
Aster NILUSDT
Binance NILUSDT
Gate NIL_USDT
KuCoin NILUSDTM
Bitget NILUSDT
BingX NIL-USDT
Variational Omni NIL
Extended NIL-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin NIL-USDT | +0.0121% | 4h | 0.06715 | −0.282% | $355K | $153K | 50x | as long as short |
| Hyperliquid NIL | +0.1479% | 1h | 0.06747 | +0.193% | $4.0M | $4.6M | 3x | as long as short |
BloFin NIL-USDT
Hyperliquid NIL