Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC+0.095%7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1131.127% of the position
Funding, last 7 days−0.256%−$26 on $10k
+Price spread, last 4 days (all we have)+0.020%+$2 · spread now +0.095%, 7d avg +0.082%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC STABLE_USDT | 0.02428 | 0.0100 | pay 0.0050% / 4h | 9m 38s | $606K | $150K | 20x |
| Short | Bybit STABLEUSDT | 0.02430 | 0.0100 | get 0.0050% / 4h | 9m 38s | $1.5M | $747K | 25x |
MEXC STABLE_USDT
Bybit STABLEUSDTFunding 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: +0.095% → +0.082%
- $1.27
- Slippage, 4 orders
- −$93.67
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$111.4
- Costs to cover
- 1.127%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 23 min ago; Bybit: live order book, 5 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, 23 min ago | 4.12 bp | 13.9 bp −$14 | 36.7 bp −$367 | 230.1 bp −$23.0K | 853.3 bp −$426.6K |
| Sell Bybit live order book, 5 min ago | 4.11 bp | 44.4 bp −$44 | 276.7 bp −$2,767 | doesn't fit | doesn't fit |
STABLE on 15 exchanges
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 STABLE-USDT | +0.0083% | 4h | 0.02427 | −0.041% | $112K | $20K | 75x | as long as short |
| Lighter STABLE | +0.0096% | 1h | 0.02444 | +0.667% | $112K | $9K | 3x | as long as short |
| Hyperliquid STABLE | +0.0100% | 1h | 0.02428 | −0.016% | $852K | $131K | 3x | as long as short |
| Aster STABLEUSDT | +0.0100% | 4h | 0.02430 | +0.066% | $18K | $9K | 20x | as long as short |
| Binance STABLEUSDT | +0.0100% | 4h | 0.02428 | 0.000% | $2.5M | $2.5M | 75x | as long as short |
| Bybit STABLEUSDTshort | +0.0100% | 4h | 0.02430 | +0.095% | $1.5M | $747K | 25x | |
| OKX STABLE-USDT-SWAP | +0.0100% | 4h | 0.02429 | +0.041% | $211K | $396K | 20x | as long as short |
| Gate STABLE_USDT | +0.0100% | 4h | 0.02431 | +0.124% | $182K | $47K | 50x | as long as short |
| MEXC STABLE_USDTlong | +0.0100% | 4h | 0.02428 | long leg | $606K | $150K | 20x | |
| KuCoin STABLEUSDTM | +0.0100% | 4h | 0.02433 | +0.206% | $181K | $27K | 30x | as long as short |
BloFin STABLE-USDT
Lighter STABLE
Hyperliquid STABLE
Aster STABLEUSDT
Binance STABLEUSDT
OKX STABLE-USDT-SWAP
Gate STABLE_USDT
KuCoin STABLEUSDTMShow all 15 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget STABLEUSDT | +0.0100% | 4h | 0.02431 | +0.124% | $281K | $85K | 25x | as long as short |
| BingX STABLE-USDT | +0.0100% | 4h | 0.02430 | +0.082% | — | $6.6M | — | as long as short |
| Variational Omni STABLE | +0.0100% | 4h | 0.02429 | +0.034% | $142K | $8K | — | as long as short |
| SunX STABLE-USDT | +0.0100% | 4h | 0.02428 | −0.016% | $1K | $1.0M | 20x | as long as short |
| Extended STABLE-USD | +0.0104% | 1h | 0.02427 | −0.052% | $11K | $216K | 10x | as long as short |
Bitget STABLEUSDT
BingX STABLE-USDT
Variational Omni STABLE
SunX STABLE-USDT
Extended STABLE-USD