Funding you earn now, next payment 08:00 UTC−0.0781%/8h= −85.5% APRpaid last 24h +0.008%
Price spread now: Bybit against MEXC−0.230%7-day average −0.124% · you buy dearer than you sell
Net, funding: paid 7d − costs−$485as in the Funding arb table
Net, price: spread back to 7d avg − costs−$499as in the Price arb table
costs, in and out, $10k−$4884.880% of the position
Funding, last 7 days+0.027%+$3 on $10k
+Price spread, last 4 days (all we have)+0.037%+$4 · spread now −0.230%, 7d avg −0.124%
=Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Bybit is 0.106% cheaper against MEXC than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.124%). Swap the legs.
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 | MEXC XEC_USDT | 0.000008691 | 0.0100 | pay 0.0050% / 4h | 1h 30m | $333K | $110K | 20x |
| Short | Bybit 1000XECUSDT | 0.000008671 | −0.0681 | pay 0.0681% / 8h | 1h 30m | $651K | $927K | 20x |
MEXC XEC_USDT
Bybit 1000XECUSDTFunding 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
- −$164.06
- Price spread: −0.230% → −0.124%
- −$10.63
- Slippage, 4 orders
- −$472.96
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$662.65
- Costs to cover
- 4.880%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 50 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, 50 min ago | 2.89 bp | 11.0 bp −$11 | 88.7 bp −$887 | 288.8 bp −$28.9K | doesn't fit |
| Sell Bybit live order book, 5 min ago | 4.04 bp | 223.5 bp −$224 | doesn't fit | doesn't fit | 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 1000XECUSDTshort | −0.0681% | 8h | 0.000008671 | −0.230% | $651K | $927K | 20x | |
| KuCoin XECUSDTM | −0.0148% | 4h | 0.000008690 | −0.012% | $221K | $129K | 20x | as long as short |
| Aster 1000XECUSDT | +0.0100% | 4h | 0.000008699 | +0.096% | $13K | $68K | 5x | as long as short |
| Binance 1000XECUSDT | +0.0100% | 4h | 0.000008693 | +0.023% | $1.7M | $8.5M | 75x | as long as short |
| MEXC XEC_USDTlong | +0.0100% | 4h | 0.000008691 | long leg | $333K | $110K | 20x | |
| Bitget 1000XECUSDT | +0.0100% | 4h | 0.000008691 | 0.000% | $1.2M | $807K | 50x | as long as short |
| Extended kXEC-USD | +0.0104% | 1h | 0.000008691 | −0.003% | $3K | — | 5x | as long as short |
KuCoin XECUSDTM
Aster 1000XECUSDT
Binance 1000XECUSDT
Bitget 1000XECUSDT
Extended kXEC-USD