Funding you earn now, next payment 12:00 UTC+0.5250%/8h= +574.9% APRnext payment +$26.25 per $10,000 · paid last 24h +0.056%
Price spread now: Bybit against MEXC+0.237%7-day average −0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$224as in the Price arb table
costs, in and out, $10k−$2542.540% of the position
Funding, last 4 days (all we have)−1.535%−$154 on $10k
+Price spread, last 4 days (all we have)−2.187%−$219 · spread now +0.237%, 7d avg −0.063%
=Both sides work for this trade now. Funding pays +$158 a day on $10k at the current rate, and Bybit is 0.300% dearer against MEXC than usual: you sell high and buy low: +$30 more if the spread goes back to its 7-day average of −0.063%. Mind the row above: over the last 4 days funding on this pair cost −1.535%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -1.535% in total (about -133.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$26.25 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC STONK_USDT | 0.3329 | 0.1000 | pay 0.0500% / 4h | 3h 25m | $806K | $992K | 20x |
| Short | Bybit STONKUSDT | 0.3337 | 0.6250 | get 0.3125% / 4h | 3h 25m | $1.8M | $5.9M | 5x |
MEXC STONK_USDT
Bybit STONKUSDTFunding 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
- $1,102.58
- Price spread: +0.237% → −0.063%
- $30.01
- Slippage, 4 orders
- −$223.05
- Fee MEXC: 10 bp × 2 orders
- −$20
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $878.55
- Costs to cover
- 2.540%
- Break-even
- 1.4 days
Slippage from MEXC: live order book, 26 min ago; Bybit: live order book, 3 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, 26 min ago | 7.59 bp | 40.5 bp −$40 | 63.8 bp −$638 | 463.2 bp −$46.3K | doesn't fit |
| Sell Bybit live order book, 3 min ago | 6.00 bp | 73.6 bp −$74 | 407.8 bp −$4,078 | doesn't fit | doesn't fit |
STONK on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget STONKUSDT | +0.0318% | 4h | 0.3328 | −0.027% | $488K | $1.9M | 10x | as long as short |
| Aster STONKUSDT | +0.0783% | 1h | 0.3330 | +0.027% | $491K | $1.2M | 10x | as long as short |
| MEXC STONK_USDTlong | +0.1000% | 4h | 0.3329 | long leg | $806K | $992K | 20x | |
| Phoenix STONK | +0.1299% | 1h | 0.3336 | +0.192% | $212K | $137K | 3x | as long as short |
| Gate STONK_USDT | +0.4926% | 4h | 0.3347 | +0.523% | $999K | $2.2M | 10x | as long as short |
| Lighter STONK | +0.4984% | 1h | 0.3344 | +0.445% | $356K | $540K | 5x | as long as short |
| Bybit STONKUSDTshort | +0.6250% | 4h | 0.3337 | +0.237% | $1.8M | $5.9M | 5x | |
| BingX STONK-USDT | +0.6260% | 4h | 0.3333 | +0.117% | — | $916K | — | as long as short |
| BloFin STONK-USDT | +0.9107% | 4h | 0.3328 | −0.033% | $92K | $198K | 5x | as long as short |
Bitget STONKUSDT
Aster STONKUSDT
Phoenix STONK
Gate STONK_USDT
Lighter STONK
BingX STONK-USDT
BloFin STONK-USDT