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: Bybit against MEXC+0.134%7-day average +0.138% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1181.180% of the position
Funding, last 7 days+0.495%+$49 on $10k
+Price spread, last 4 days (all we have)−0.041%−$4 · spread now +0.134%, 7d avg +0.138%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PUNDIX_USDT | 0.1191 | 0.0100 | pay 0.0050% / 4h | 45m 43s | $2.4M | $104K | 50x |
| Short | Bybit PUNDIXUSDT | 0.1193 | 0.0100 | get 0.0050% / 4h | 45m 43s | $773K | $388K | 20x |
MEXC PUNDIX_USDT
Bybit PUNDIXUSDTFunding 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: +0.134% → +0.138%
- −$0.41
- Slippage, 4 orders
- −$103.04
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$118.46
- Costs to cover
- 1.180%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; Bybit: live order book, 29 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 | 1.26 bp | 18.0 bp −$18 | 65.9 bp −$659 | 177.6 bp −$17.8K | doesn't fit |
| Sell Bybit live order book, 29 min ago | 2.10 bp | 41.5 bp −$41 | doesn't fit | doesn't fit | 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 | 0.1192 | +0.017% | — | $1.2M | — | as long as short |
| Binance PUNDIXUSDT | +0.0100% | 4h | 0.1191 | −0.005% | $1.4M | $1.7M | 50x | as long as short |
| Bybit PUNDIXUSDTshort | +0.0100% | 4h | 0.1193 | +0.134% | $773K | $388K | 20x | |
| Gate PUNDIX_USDT | +0.0100% | 4h | 0.1190 | −0.109% | $38K | $6K | 20x | as long as short |
| MEXC PUNDIX_USDTlong | +0.0100% | 4h | 0.1191 | long leg | $2.4M | $104K | 50x | |
| Bitget PUNDIXUSDT | +0.0100% | 4h | 0.1191 | −0.017% | $245K | $230K | 20x | as long as short |
| Variational Omni PUNDIX | +0.0100% | 4h | 0.1193 | +0.160% | $688 | $60K | — | as long as short |
BingX PUNDIX-USDT
Binance PUNDIXUSDT
Gate PUNDIX_USDT
Bitget PUNDIXUSDT
Variational Omni PUNDIX