Settings8H · net · $10k
My profile
Funding arb · Price arb / Crypto

MEW

All MEW markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
Bybit SpotMEWUSDT
0.0003466spotno funding——$333K1xBuy Bybit Spot
SHORT
BybitMEWUSDT
0.0003461+0.0018get 0.0009% / 4h2h 02m$906K$767K25xShort Bybit
Price gap−0.130%
Funding gap+0.0018% /8h

Funding trade: +$1 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$10+0.0018% /8h now · paid +0.099% over the last 7D
Price−$2spread −0.130% now, avg −0.111% → −0.018% if it goes back
Costs−$5925.924% of $10k · taker + slippage, in and out
Result−$584−5.84%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.130%
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

/8h

MEW on 10 exchanges

lowest funding first

Before you open

1 ok · 3 to watch
  • Watch: Thin at this size492.2 / 27.5 bp
    At $10k entering Bybit Spot costs 492.2 bp, fee and slippage, 17.9× Bybit’s.
  • Note: Spot in full, margin on the short$10,000 + $400
    The spot leg is bought with the whole $10k; Bybit runs at up to 25x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on Bybit.
  • OK: Only the short pays funding— / 4h
    The spot leg pays no funding; Bybit settles every 4h.
    Next 24h at the current rates, on $10k a leg: +$0.55Long Bybit Spot: 0 payments, $0.00; short Bybit: 6 payments, +$0.55.
  • Note: Gap at its usual level−0.130% vs −0.111%
    The price leg adds little either way.
  • Watch: Short leg is thin$906K OI
    Bybit sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBybit Spot Yes · Bybit Yes
    Standard verification is mandatory for every product.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0047%/8h × 21 periods+$9.87
Price spread−0.130% → −0.111% (7d avg)−$1.84
Slippage, 4 orderslive order books−$561.40
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$584.37
Costs to cover5.924%Break-even421.3 days
Slippage: Bybit Spot: live order book, 42 min ago; Bybit: live order book, 6 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBybit Spot8.62492.2 bp−$492doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit4.3227.5 bp−$28201.0 bp−$2,010doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert