Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 5.7800 | −0.0104 | get 0.0104% / 8h | 6h 04m | $146K | $1.0M | 25x | Long Bybit | |
| SHORT | 5.9360 | +0.0200 | get 0.0200% / 8h | 6h 04m | $1.3M | $131K | 20x | Short MEXC |
Price gap+2.699%
Funding gap+0.0304% /8h
Both sides work: funding pays +$9 a day on $10k, and the gap is 2.763% above its 7d average: +$276 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$4+0.0304% /8h now · paid +0.041% over the last 7D
Price+$276spread +2.699% now, avg −0.064% → +2.763% if it goes back
Costs−$2,84928.491% of $10k · taker + slippage, in and out
Result−$2,569−25.69%no points
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.041% in total, about +0.0020%/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+2.699%
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
/8hFWDI on 10 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size179.9 / 1235.1 bpAt $10k entering MEXC costs 1235.1 bp, fee and slippage, 6.9× Bybit’s.
- Note: Margin at max leverage$400 + $500Bybit 25x, MEXC 20x. 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: +$9.12Long Bybit: 3 payments, +$3.12; short MEXC: 3 payments, +$6.00.
- OK: Entry gap works for you+2.699% vs −0.064%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$146K vs $1.3M 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+0.0020%/8h × 21 periods+$4.13
Price spread+2.699% → −0.064% (7d avg)+$276.27
Slippage, 4 orderslive order books−$2,834.14
Fee Bybit bp × 2 orders−$11.00
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k−$2,568.75
Costs to cover28.491%Break-even4365.9 days
Slippage: Bybit: live order book, 4 min ago; MEXC: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit18.96179.9 bp−$180doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTMEXC462.361235.1 bp−$1,2351553.1 bp−$15.5K1624.8 bp−$162.5Kdoesn’t fit
Closing costs about the same again.
KuCoin