Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bybit−0.026%7-day average +0.094% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$900.896% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 7 days+0.149%+$15 · spread now −0.026%, 7d avg +0.094%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.119% cheaper against Bybit than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.094%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit WUSDT | 0.01167 | 0.0100 | pay 0.0050% / 4h | 2h 30m | $4.1M | $1.6M | 50x |
| Short | MEXC W_USDT | 0.01166 | 0.0100 | get 0.0050% / 4h | 2h 30m | $12.2M | $1.4M | 50x |
Bybit WUSDT
MEXC W_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
- $0
- Price spread: −0.026% → +0.094%
- −$11.95
- Slippage, 4 orders
- −$74.63
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$101.58
- Costs to cover
- 0.896%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; MEXC: 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 Bybit live order book, 2 min ago | 0.86 bp | 30.4 bp −$30 | 378.0 bp −$3,780 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 4.72 bp | 11.3 bp −$11 | 51.1 bp −$511 | 80.9 bp −$8,085 | 155.1 bp −$77.6K |
W on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit W_USDC-PERPETUAL | −0.0007% | 1h | 0.01166 | −0.026% | $14K | $3K | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +3.643% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01169 | +0.214% | $2.0M | $282K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01168 | +0.115% | $2.9M | $5.3M | 50x | as long as short |
| Bybit WUSDTlong | +0.0100% | 4h | 0.01167 | long leg | $4.1M | $1.6M | 50x | |
| OKX W-USDT-SWAP | +0.0100% | 4h | 0.01167 | +0.017% | $1.3M | $1.6M | 20x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01165 | −0.171% | $424K | $239K | 75x | as long as short |
| MEXC W_USDTshort | +0.0100% | 4h | 0.01166 | −0.026% | $12.2M | $1.4M | 50x | |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01165 | −0.129% | $387K | $191K | 50x | as long as short |
| Bitget WUSDT | +0.0100% | 4h | 0.01167 | +0.043% | $1.3M | $539K | 50x | as long as short |
Deribit W_USDC-PERPETUAL
Injective W/USDC PERP
Hyperliquid W
Binance WUSDT
OKX W-USDT-SWAP
Gate W_USDT
KuCoin WUSDTM
Bitget WUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX W-USDT | +0.0100% | 4h | 0.01167 | +0.051% | — | $6.7M | — | as long as short |
| Backpack W_USDC_PERP | +0.0100% | 1h | 0.01169 | +0.249% | $43K | $42K | 15x | as long as short |
| Variational Omni W | +0.0100% | 4h | 0.01163 | −0.307% | $71K | $40K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01165 | −0.113% | $123K | $362K | 10x | as long as short |
| Extended W-USD | +0.0104% | 1h | 0.01166 | −0.034% | $60K | $147K | 5x | as long as short |
| Coinbase International W-PERP-INTX | +0.0400% | 1h | 0.01178 | +0.943% | $14K | $13K | 50x | as long as short |
| Kraken Futures PF_WUSD | +0.1749% | 1h | 0.01168 | +0.142% | $145K | $185K | 20x | as long as short |
BingX W-USDT
Backpack W_USDC_PERP
Variational Omni W
GRVT W_USDT_Perp
Extended W-USD
Coinbase International W-PERP-INTX
Kraken Futures PF_WUSD