Funding you earn now, next payment 12:00 UTC+0.0242%/8h= +26.5% APRnext payment +$1.21 per $10,000 · paid last 24h +0.093%
Price spread now: MEXC against Bybit−0.157%7-day average −0.110% · you buy dearer than you sell
Net, funding: paid 7d − costs−$292as in the Funding arb table
Net, price: spread back to 7d avg − costs−$368as in the Price arb table
costs, in and out, $10k−$3643.635% of the position
Funding, last 7 days+0.714%+$71 on $10k
+Price spread, last 4 days (all we have)+0.199%+$20 · spread now −0.157%, 7d avg −0.110%
=Funding pays, the price is against you. MEXC is 0.047% cheaper against Bybit than usual: you would sell low and buy high (spread −0.157% now, against its 7-day average of −0.110%). If the spread goes back, that is −$5 on $10k: about 16 hours of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit REDUSDT | 0.1588 | 0.0100 | pay 0.0050% / 4h | 3h 25m | $1.9M | $2.1M | 25x |
| Short | MEXC RED_USDT | 0.1586 | 0.0342 | get 0.0171% / 4h | 3h 25m | $490K | $169K | 20x |
Bybit REDUSDT
MEXC RED_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
- $50.82
- Price spread: −0.157% → −0.110%
- −$4.69
- Slippage, 4 orders
- −$348.55
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$317.42
- Costs to cover
- 3.635%
- Break-even
- 50.7 days
Slippage from Bybit: live order book, 1 min ago; MEXC: live order book, 64 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, 1 min ago | 5.35 bp | 166.7 bp −$167 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 64 min ago | 3.18 bp | 9.1 bp −$9 | 62.7 bp −$627 | 220.6 bp −$22.1K | 455.4 bp −$227.7K |
RED 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster REDUSDT | +0.0100% | 4h | 0.1587 | −0.073% | $28K | $39K | 5x | as long as short |
| Binance REDUSDT | +0.0100% | 4h | 0.1586 | −0.185% | $2.3M | $4.4M | 50x | as long as short |
| Bybit REDUSDTlong | +0.0100% | 4h | 0.1588 | long leg | $1.9M | $2.1M | 25x | |
| Gate RED_USDT | +0.0100% | 4h | 0.1589 | +0.031% | $361K | $95K | 25x | as long as short |
| Bitget REDUSDT | +0.0100% | 4h | 0.1588 | −0.031% | $794K | $371K | 20x | as long as short |
| Variational Omni RED | +0.0100% | 4h | 0.1589 | +0.050% | $27K | $3K | — | as long as short |
| SunX RED-USDT | +0.0100% | 4h | 0.1624 | +2.235% | $2K | $869K | 20x | as long as short |
| Extended RED-USD | +0.0104% | 1h | 0.1585 | −0.226% | $32 | — | 5x | as long as short |
| BloFin RED-USDT | +0.0131% | 4h | 0.1589 | +0.006% | $221K | $6K | 25x | as long as short |
| MEXC RED_USDTshort | +0.0342% | 4h | 0.1586 | −0.157% | $490K | $169K | 20x |
Aster REDUSDT
Binance REDUSDT
Gate RED_USDT
Bitget REDUSDT
Variational Omni RED
SunX RED-USDT
Extended RED-USD
BloFin RED-USDT