Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 5.9400 | −1.6529 | get 1.6529% / 8h | 7h 51m | $516K | $577K | 20x | Long Bybit | |
| SHORT | 5.9330 | −1.0096 | pay 0.1262% / 1h | 51m 05s | $2.9M | $339K | 20x | Short MEXC |
Price gap−0.118%
Funding gap+0.6433% /8h
Funding pays +$193 a day on $10k, but the gap is 0.045% under its 7d average: −$4 if it goes back, about under an hour of funding. At the last 7 days' pace that is about 38 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$20+0.6433% /8h now · paid +0.201% over the last 7D
Price−$4spread −0.118% now, avg −0.073% → −0.045% if it goes back
Costs−$4274.266% of $10k · taker + slippage, in and out
Result−$411−4.11%no points
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.201% in total, about +0.0096%/8h on average.
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−0.118%
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
/8hCXMT on 18 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size53.2 / 170.6 bpAt $10k entering MEXC costs 170.6 bp, fee and slippage, 3.2× Bybit’s.
- Note: Margin at max leverage$500 + $500Bybit 20x, MEXC 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$192.99Long Bybit: 3 payments, +$495.87; short MEXC: 24 payments, −$302.88.
- Watch: Gap narrower than usual−0.118% vs −0.073%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$516K vs $2.9M OIBybit sets your exit cost. Check its book before closing.
- 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+0.0096%/8h × 21 periods+$20.13
Price spread−0.118% → −0.073% (7d avg)−$4.50
Slippage, 4 orderslive order books−$411.61
Fee Bybit bp × 2 orders−$11.00
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k−$410.98
Costs to cover4.266%Break-even149.9 days
Slippage: Bybit: live order book, 22 min ago; MEXC: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit4.1453.2 bp−$53200.6 bp−$2,006doesn’t fitdoesn’t fit
SELL · SHORTMEXC16.06170.6 bp−$171225.7 bp−$2,257378.7 bp−$37.9Kdoesn’t fit
Closing costs about the same again.
CXMT news
posts that mention CXMT, from every exchange| 10-16 15:31 | Vest Markets | Other | US-listed memory shares are extending a week-long selloff, with $SKHY down around 5% on the session. Over $700 billion in global memory-chip market value has been erased since October 10, when China's CXMT detailed a denser 4F2 DRAM design. Goldman flagged $SKHY and Samsung today as attractive risk/reward, arguing the market overestimated China's tech gap. @VestExchange on X ↗ |
| 10-12 15:30 | Vest Markets | Other | Memory names are under pressure on the session, with $MU down around 4% and $SNDK down around 6.5%. Chinese DRAM maker CXMT said over the weekend it made key progress on a denser 4F² cell design, with a DDR5 server product planned by end-2026. Trade $MU, $SNDK and broader memory volatility with a Vest Capital funded account and access up to $25k in trading capital. @VestExchange on X ↗ |
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| 09-17 15:22 | Ondo Perps | Listing | New markets just dropped. From China’s largest DRAM manufacturer to the largest HYPE treasury and the company behind GTA 6: ▸ CXMT - ChangXin Memory Technologies ▸ ENA - Enablence Technologies ▸ PURR - Hyperliquid Strategies ▸ TTWO - Take-Two Interactive Trade now → @OndoPerps on X ↗ |
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