Funding you earn now, next payment 04:00 UTC−0.0129%/8h= −14.1% APRnext payment −$0.65 per $10,000 · paid last 24h −0.114%
Price spread now: MEXC against Bybit0.000%7-day average −0.186% · you sell dearer than you buy
Net, funding: paid 7d − costs−$209as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$1001.003% of the position
Funding, last 7 days−1.090%−$109 on $10k
+Price spread, last 7 days−1.468%−$147 · spread now 0.000%, 7d avg −0.186%
=The price spread pays, funding is against you. MEXC is 0.186% dearer against Bybit than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.186%): +$19 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 4.8 days. At the pace of the last 7 days (−1.090% in total) that is about 29 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TUSDT | 0.005219 | 0.0097 | pay 0.0049% / 4h | 1h 07m | $1.6M | $1.5M | 25x |
| Short | MEXC T_USDT | 0.005219 | −0.0032 | pay 0.0016% / 4h | 1h 07m | $3.1M | $211K | 20x |
Bybit TUSDT
MEXC T_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
- −$27.11
- Price spread: 0.000% → −0.186%
- $18.6
- Slippage, 4 orders
- −$85.33
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$108.84
- Costs to cover
- 1.003%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; MEXC: live order book, 4 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, 4 min ago | 2.87 bp | 40.5 bp −$41 | 306.8 bp −$3,068 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.91 bp | 10.6 bp −$11 | 29.2 bp −$292 | 124.8 bp −$12.5K | doesn't fit |
T on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TUSD | −0.2922% | 1h | 0.005223 | +0.070% | $2K | $2K | 10x | as long as short |
| KuCoin TUSDTM | −0.0144% | 4h | 0.005230 | +0.211% | $1.4M | $80K | 12x | as long as short |
| Variational Omni T | −0.0142% | 4h | 0.005229 | +0.191% | $8K | $9K | — | as long as short |
| Gate T_USDT | −0.0142% | 4h | 0.005229 | +0.192% | $216K | $81K | 20x | as long as short |
| Bitget TUSDT | −0.0124% | 4h | 0.005226 | +0.134% | $885K | $498K | 50x | as long as short |
| Binance TUSDT | −0.0040% | 4h | 0.005218 | −0.016% | $3.3M | $7.4M | 50x | as long as short |
| MEXC T_USDTshort | −0.0032% | 4h | 0.005219 | 0.000% | $3.1M | $211K | 20x | |
| Bybit TUSDTlong | +0.0097% | 4h | 0.005219 | long leg | $1.6M | $1.5M | 25x |
Kraken Futures PF_TUSD
KuCoin TUSDTM
Variational Omni T
Gate T_USDT
Bitget TUSDT
Binance TUSDT