Funding you earn now, next payment 08:00 UTC−0.0386%/8h= −42.3% APRnext payment −$1.93 per $10,000 · paid last 24h −0.097%
Price spread now: Bybit against MEXC+0.103%7-day average +0.107% · you sell dearer than you buy
Net, funding: paid 7d − costs−$234as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1631.630% of the position
Funding, last 7 days−0.713%−$71 on $10k
+Price spread, last 4 days (all we have)−0.057%−$6 · spread now +0.103%, 7d avg +0.107%
=The price spread sits at its 7-day average of +0.107%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC RED_USDT | 0.1548 | 0.0486 | pay 0.0243% / 4h | 2h 34m | $498K | $164K | 20x |
| Short | Bybit REDUSDT | 0.1550 | 0.0100 | get 0.0050% / 4h | 2h 34m | $1.9M | $1.9M | 25x |
MEXC RED_USDT
Bybit REDUSDTFunding 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
- −$81.06
- Price spread: +0.103% → +0.107%
- −$0.38
- Slippage, 4 orders
- −$147.99
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$244.43
- Costs to cover
- 1.630%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; Bybit: live order book, 7 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, 5 min ago | 3.24 bp | 10.3 bp −$10 | 48.7 bp −$487 | 216.6 bp −$21.7K | 428.8 bp −$214.4K |
| Sell Bybit live order book, 7 min ago | 4.20 bp | 70.1 bp −$70 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin RED-USDT | +0.0075% | 4h | 0.1550 | +0.129% | $221K | $5K | 25x | as long as short |
| Aster REDUSDT | +0.0100% | 4h | 0.1549 | +0.094% | $28K | $37K | 5x | as long as short |
| Binance REDUSDT | +0.0100% | 4h | 0.1547 | −0.075% | $2.3M | $4.2M | 50x | as long as short |
| Bybit REDUSDTshort | +0.0100% | 4h | 0.1550 | +0.103% | $1.9M | $1.9M | 25x | |
| Gate RED_USDT | +0.0100% | 4h | 0.1550 | +0.129% | $355K | $94K | 25x | as long as short |
| Bitget REDUSDT | +0.0100% | 4h | 0.1548 | 0.000% | $744K | $289K | 20x | as long as short |
| Variational Omni RED | +0.0100% | 4h | 0.1548 | +0.026% | $26K | $3K | — | as long as short |
| SunX RED-USDT | +0.0100% | 4h | 0.1588 | +2.584% | $2K | $812K | 20x | as long as short |
| Extended RED-USD | +0.0104% | 1h | 0.1548 | −0.021% | $31 | — | 5x | as long as short |
| MEXC RED_USDTlong | +0.0486% | 4h | 0.1548 | long leg | $498K | $164K | 20x |
BloFin RED-USDT
Aster REDUSDT
Binance REDUSDT
Gate RED_USDT
Bitget REDUSDT
Variational Omni RED
SunX RED-USDT
Extended RED-USD