Funding you earn now, next payment 12:00 UTC−0.0268%/8h= −29.3% APRnext payment −$1.34 per $10,000 · paid last 24h −0.077%
Price spread now: Bybit against MEXC−0.154%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$332as in the Funding arb table
Net, price: spread back to 7d avg − costs−$369as in the Price arb table
costs, in and out, $10k−$3573.572% of the position
Funding, last 7 days+0.253%+$25 on $10k
+Price spread, last 7 days+0.109%+$11 · spread now −0.154%, 7d avg −0.036%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Bybit is 0.118% cheaper against MEXC than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.036%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.253%, 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 | MEXC PTB_USDT | 0.0009735 | 0.0368 | pay 0.0184% / 4h | 3h 36m | $303K | $505K | 20x |
| Short | Bybit PTBUSDT | 0.0009720 | 0.0100 | get 0.0050% / 4h | 3h 36m | $1.4M | $14.0M | 25x |
MEXC PTB_USDT
Bybit PTBUSDTFunding 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
- −$56.28
- Price spread: −0.154% → −0.036%
- −$11.84
- Slippage, 4 orders
- −$338.25
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$425.37
- Costs to cover
- 3.572%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 59 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, 59 min ago | 0.53 bp | 18.8 bp −$19 | 67.6 bp −$676 | 230.4 bp −$23.0K | doesn't fit |
| Sell Bybit live order book, 2 min ago | 4.60 bp | 120.8 bp −$121 | 505.4 bp −$5,054 | doesn't fit | doesn't fit |
PTB on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit PTBUSDTshort | +0.0100% | 4h | 0.0009720 | −0.154% | $1.4M | $14.0M | 25x | |
| Variational Omni PTB | +0.0100% | 4h | 0.0009669 | −0.679% | $25K | $62K | — | as long as short |
| Gate PTB_USDT | +0.0302% | 4h | 0.0009731 | −0.041% | $1.6M | $3.4M | 25x | as long as short |
| Extended kPTB-USD | +0.0368% | 1h | 0.0009730 | −0.052% | $3K | $16K | 5x | as long as short |
| MEXC PTB_USDTlong | +0.0368% | 4h | 0.0009735 | long leg | $303K | $505K | 20x | |
| Binance PTBUSDT | +0.0369% | 4h | 0.0009732 | −0.033% | $6.7M | $83.4M | 20x | as long as short |
| BingX PTB-USDT | +0.0376% | 4h | 0.0009726 | −0.092% | — | $1.9M | — | as long as short |
| BloFin PTB-USDT | +0.0426% | 4h | 0.0009763 | +0.288% | $390K | $291K | 20x | as long as short |
| Aster PTBUSDT | +0.0595% | 4h | 0.0009733 | −0.023% | $68K | $655K | 5x | as long as short |
| KuCoin PTBUSDTM | +0.0816% | 4h | 0.0009747 | +0.123% | $1.4M | $5.8M | 20x | as long as short |
Variational Omni PTB
Gate PTB_USDT
Extended kPTB-USD
Binance PTBUSDT
BingX PTB-USDT
BloFin PTB-USDT
Aster PTBUSDT
KuCoin PTBUSDTM