Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 417.77 | +0.3594 | pay 0.3594% / 8h | 4h 14m | $437K | $416K | 20x | Long MEXC | |
| SHORT | 420.05 | +0.2992 | get 0.2992% / 8h | 4h 14m | $185K | $60K | 25x | Short Bybit |
Price gap+0.546%
Funding gap−0.0602% /8h
The gap pays +$43 on $10k if it goes back to its 7d average, but funding costs $18 a day and eats that in about 2.4 days. At the last 7 days' pace that is about 6.7 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$45−0.0602% /8h now · paid −0.448% over the last 7D
Price+$43spread +0.546% now, avg +0.119% → +0.427% if it goes back
Costs−$4014.007% of $10k · taker + slippage, in and out
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+0.546%
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
/8hADI on 9 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size58.4 / 94.9 bpAt $10k entering Bybit costs 94.9 bp, fee and slippage, 1.6× MEXC’s.
- Note: Margin at max leverage$500 + $400MEXC 20x, Bybit 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$18.05Long MEXC: 3 payments, −$107.82; short Bybit: 3 payments, +$89.77.
- OK: Entry gap works for you+0.546% vs +0.119%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$185K vs $437K OIBybit sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCMEXC Yes · Bybit YesKYC before trading since Feb 2026; unverified accounts see market data only.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0214%/8h × 21 periods−$44.85
Price spread+0.546% → +0.119% (7d avg)+$42.66
Slippage, 4 orderslive order books−$381.73
Fee MEXC bp × 2 orders−$8.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$402.92
Costs to cover4.007%Break-evennever at this rate
Slippage: MEXC: live order book, 23 min ago; Bybit: live order book, 23 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGMEXC21.0858.4 bp−$5883.2 bp−$832232.5 bp−$23.3Kdoesn’t fit
SELL · SHORTBybit11.9294.9 bp−$95doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
Avantis