Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bybit−0.128%7-day average −0.138% · you buy dearer than you sell
Net, funding: paid 7d − costs−$186as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1471.470% of the position
Funding, last 7 days−0.389%−$39 on $10k
+Price spread, last 4 days (all we have)+0.035%+$3 · spread now −0.128%, 7d avg −0.138%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PUNDIXUSDT | 0.1176 | 0.0100 | pay 0.0050% / 4h | 2h 04m | $746K | $435K | 20x |
| Short | MEXC PUNDIX_USDT | 0.1174 | 0.0100 | get 0.0050% / 4h | 2h 04m | $2.4M | $107K | 50x |
Bybit PUNDIXUSDT
MEXC PUNDIX_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: −0.128% → −0.138%
- $1
- Slippage, 4 orders
- −$132
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$146.01
- Costs to cover
- 1.470%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 40 min ago; MEXC: 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 Bybit live order book, 40 min ago | 3.84 bp | 56.8 bp −$57 | 1384.8 bp −$13.8K | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 2.98 bp | 33.1 bp −$33 | 65.8 bp −$658 | 168.5 bp −$16.9K | doesn't fit |
PUNDIX on 7 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 PUNDIX-USDT | +0.0070% | 4h | 0.1173 | −0.187% | — | $1.2M | — | as long as short |
| Binance PUNDIXUSDT | +0.0100% | 4h | 0.1175 | −0.099% | $1.3M | $1.7M | 50x | as long as short |
| Bybit PUNDIXUSDTlong | +0.0100% | 4h | 0.1176 | long leg | $746K | $435K | 20x | |
| Gate PUNDIX_USDT | +0.0100% | 4h | 0.1174 | −0.145% | $37K | $11K | 20x | as long as short |
| MEXC PUNDIX_USDTshort | +0.0100% | 4h | 0.1174 | −0.128% | $2.4M | $107K | 50x | |
| Bitget PUNDIXUSDT | +0.0100% | 4h | 0.1172 | −0.289% | $227K | $218K | 20x | as long as short |
| Variational Omni PUNDIX | +0.0100% | 4h | 0.1177 | +0.136% | $86 | $40K | — | as long as short |
BingX PUNDIX-USDT
Binance PUNDIXUSDT
Gate PUNDIX_USDT
Bitget PUNDIXUSDT
Variational Omni PUNDIX