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+0.172%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$179as in the Funding arb table
Net, price: spread back to 7d avg − costs−$170as in the Price arb table
costs, in and out, $10k−$1791.794% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.152%−$15 · spread now +0.172%, 7d avg +0.073%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.099% dearer against MEXC than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.073%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC NIL_USDT | 0.06980 | 0.0100 | pay 0.0050% / 4h | 41m 13s | $2.3M | $4.3M | 100x |
| Short | Bybit NILUSDT | 0.06992 | 0.0100 | get 0.0050% / 4h | 41m 13s | $3.8M | $13.9M | 20x |
MEXC NIL_USDT
Bybit NILUSDTFunding 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: +0.172% → +0.073%
- $9.9
- Slippage, 4 orders
- −$164.43
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$169.53
- Costs to cover
- 1.794%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; Bybit: live order book, 2 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 | 0.71 bp | 26.9 bp −$27 | 159.2 bp −$1,592 | 307.1 bp −$30.7K | 537.4 bp −$268.7K |
| Sell Bybit live order book, 2 min ago | 6.41 bp | 47.7 bp −$48 | 200.7 bp −$2,007 | doesn't fit | doesn't fit |
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 | 0.06985 | +0.071% | $23K | $324K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.06990 | +0.143% | $5.4M | $75.1M | 50x | as long as short |
| Bybit NILUSDTshort | +0.0100% | 4h | 0.06992 | +0.172% | $3.8M | $13.9M | 20x | |
| MEXC NIL_USDTlong | +0.0100% | 4h | 0.06980 | long leg | $2.3M | $4.3M | 100x | |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.06997 | +0.244% | $583K | $711K | 30x | as long as short |
| Bitget NILUSDT | +0.0100% | 4h | 0.06989 | +0.129% | $1.8M | $8.4M | 50x | as long as short |
| BingX NIL-USDT | +0.0100% | 4h | 0.06989 | +0.129% | — | $8.4M | — | as long as short |
| Variational Omni NIL | +0.0100% | 4h | 0.07006 | +0.375% | $180K | $280K | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.06975 | −0.069% | $19K | $93K | 5x | as long as short |
| Gate NIL_USDT | +0.0122% | 4h | 0.06996 | +0.229% | $453K | $2.0M | 50x | as long as short |
Aster NILUSDT
Binance NILUSDT
KuCoin NILUSDTM
Bitget NILUSDT
BingX NIL-USDT
Variational Omni NIL
Extended NIL-USD
Gate NIL_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin NIL-USDT | +0.0154% | 4h | 0.06987 | +0.100% | $361K | $125K | 50x | as long as short |
| Hyperliquid NIL | +0.0758% | 1h | 0.07007 | +0.385% | $4.4M | $4.6M | 3x | as long as short |
BloFin NIL-USDT
Hyperliquid NIL