Funding you earn now, next payment 08:00 UTC+0.0893%/8h= +97.8% APRpaid last 24h −0.008%
Price spread now: MEXC against Bybit+0.334%7-day average +0.122% · you sell dearer than you buy
Net, funding: paid 7d − costs−$198as in the Funding arb table
Net, price: spread back to 7d avg − costs−$174as in the Price arb table
costs, in and out, $10k−$1951.953% of the position
Funding, last 7 days−0.027%−$3 on $10k
+Price spread, last 4 days (all we have)−0.105%−$10 · spread now +0.334%, 7d avg +0.122%
=Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and MEXC is 0.212% dearer against Bybit than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.122%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.027% in total (about -1.4% a year). A funding rate is set anew for every payment. 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 | Bybit 1000XECUSDT | 0.000008679 | −0.0793 | get 0.0793% / 8h | 1h 55m | $649K | $924K | 20x |
| Short | MEXC XEC_USDT | 0.000008708 | 0.0100 | get 0.0050% / 4h | 1h 55m | $334K | $109K | 20x |
Bybit 1000XECUSDT
MEXC XEC_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
- $187.54
- Price spread: +0.334% → +0.122%
- $21.19
- Slippage, 4 orders
- −$180.27
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $13.46
- Costs to cover
- 1.953%
- Break-even
- 6.5 days
Slippage from Bybit: live order book, 45 min ago; MEXC: live order book, 26 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, 45 min ago | 6.93 bp | 74.7 bp −$75 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 26 min ago | 2.89 bp | 20.8 bp −$21 | 179.1 bp −$1,791 | 301.3 bp −$30.1K | doesn't fit |
XEC on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit 1000XECUSDTlong | −0.0793% | 8h | 0.000008679 | long leg | $649K | $924K | 20x | |
| KuCoin XECUSDTM | −0.0292% | 4h | 0.000008710 | +0.357% | $217K | $127K | 20x | as long as short |
| Aster 1000XECUSDT | +0.0025% | 4h | 0.000008714 | +0.400% | $4K | $67K | 5x | as long as short |
| Binance 1000XECUSDT | +0.0100% | 4h | 0.000008708 | +0.330% | $1.7M | $8.4M | 75x | as long as short |
| MEXC XEC_USDTshort | +0.0100% | 4h | 0.000008708 | +0.334% | $334K | $109K | 20x | |
| Bitget 1000XECUSDT | +0.0100% | 4h | 0.000008712 | +0.380% | $1.2M | $814K | 50x | as long as short |
| Extended kXEC-USD | +0.0104% | 1h | 0.000008701 | +0.259% | $3K | — | 5x | as long as short |
KuCoin XECUSDTM
Aster 1000XECUSDT
Binance 1000XECUSDT
Bitget 1000XECUSDT
Extended kXEC-USD