Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1185 | −0.2685 | get 0.1343% / 4h | 3h 11m | $1.5M | $4.7M | 20x | Long Bybit | |
| SHORT | 0.1183 | −0.2698 | pay 0.1349% / 4h | 3h 11m | $1.0M | $1.1M | 20x | Short MEXC |
Price gap−0.169%
Funding gap−0.0013% /8h
Both sides work against this direction now: funding costs $0 a day on $10k and the gap is 0.159% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$5−0.0013% /8h now · paid −0.053% over the last 7D
Price−$16spread −0.169% now, avg −0.010% → −0.159% if it goes back
Costs−$1091.095% of $10k · taker + slippage, in and out
Result−$131−1.31%no points
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.169%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hAXIS on 11 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size34.0 / 21.8 bpAt $10k entering Bybit costs 34.0 bp, fee and slippage, 1.6× MEXC’s.
- Note: Margin at max leverage$500 + $500Bybit 20x, MEXC 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$0.38Long Bybit: 6 payments, +$80.56; short MEXC: 6 payments, −$80.94.
- Watch: Gap narrower than usual−0.169% vs −0.010%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Short leg is thinner$1.0M vs $1.5M OIBoth legs are deep; MEXC is the smaller one.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBybit Yes · MEXC YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0025%/8h × 21 periods−$5.32
Price spread−0.169% → −0.010% (7d avg)−$15.86
Slippage, 4 orderslive order books−$94.49
Fee Bybit bp × 2 orders−$11.00
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k−$130.67
Costs to cover1.095%Break-evennever at this rate
Slippage: Bybit: live order book, 1 min ago; MEXC: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit8.4534.0 bp−$34203.0 bp−$2,030doesn’t fitdoesn’t fit
SELL · SHORTMEXC8.4121.8 bp−$2262.2 bp−$622458.8 bp−$45.9Kdoesn’t fit
Closing costs about the same again.
AXIS news
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