Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 5.8850 | +0.0200 | pay 0.0200% / 8h | 5h 59m | $1.3M | $131K | 20x | Long MEXC | |
| SHORT | 5.7850 | 0 | 0.0000% / 8h | 5h 59m | $146K | $1.0M | 25x | Short Bybit |
Price gap−1.699%
Funding gap−0.0200% /8h
Both sides work against this direction now: funding costs $6 a day on $10k and the gap is 1.763% 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−$4−0.0200% /8h now · paid −0.041% over the last 7D
Price−$176spread −1.699% now, avg +0.064% → −1.763% if it goes back
Costs−$2,83028.305% of $10k · taker + slippage, in and out
Result−$3,011−30.11%no points
The current funding rate is far below 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−1.699%
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
1 ok · 4 to watch- Watch: Thin at this size1245.0 / 174.3 bpAt $10k entering MEXC costs 1245.0 bp, fee and slippage, 7.1× Bybit’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: −$6.00Long MEXC: 3 payments, −$6.00; short Bybit: 3 payments, $0.00.
- Watch: Gap narrower than usual−1.699% vs +0.064%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short 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: 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−0.0020%/8h × 21 periods−$4.13
Price spread−1.699% → +0.064% (7d avg)−$176.30
Slippage, 4 orderslive order books−$2,815.46
Fee MEXC bp × 2 orders−$4.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$3,010.88
Costs to cover28.305%Break-evennever at this rate
Slippage: MEXC: live order book, 4 min ago; Bybit: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGMEXC462.361245.0 bp−$1,2451754.8 bp−$17.5K1857.3 bp−$185.7Kdoesn’t fit
SELL · SHORTBybit12.93174.3 bp−$174doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
KuCoin