Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 120.37 | −0.4486 | get 0.2243% / 4h | 3h 51m | $34K | $120K | 20x | Long MEXC | |
| SHORT | 119.84 | 0 | 0.0000% / 8h | 7h 51m | $66K | $116K | 25x | Short Bybit |
Price gap−0.440%
Funding gap+0.4486% /8h
Funding pays +$135 a day on $10k, but the gap is 0.328% under its 7d average: −$33 if it goes back, about 6 hours of funding. At the last 7 days' pace that is about 10.0 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$23+0.4486% /8h now · paid +0.230% over the last 7D
Price−$33spread −0.440% now, avg −0.113% → −0.328% if it goes back
Costs−$6526.520% of $10k · taker + slippage, in and out
Result−$662−6.62%no points
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.230% in total, about +0.0109%/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−0.440%
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
/8hHANMI on 12 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size141.3 / 225.6 bpAt $10k entering Bybit costs 225.6 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.
- Watch: Payment intervals differ4h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$134.58Long MEXC: 6 payments, +$134.58; short Bybit: 3 payments, $0.00.
- Watch: Gap narrower than usual−0.440% vs −0.113%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$34K vs $66K OIMEXC 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+0.0109%/8h × 21 periods+$22.99
Price spread−0.440% → −0.113% (7d avg)−$32.78
Slippage, 4 orderslive order books−$637.03
Fee MEXC bp × 2 orders−$4.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$661.82
Costs to cover6.520%Break-even208.5 days
Slippage: MEXC: live order book, 15 min ago; Bybit: live order book, 11 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGMEXC23.46141.3 bp−$141231.7 bp−$2,317doesn’t fitdoesn’t fit
SELL · SHORTBybit10.86225.6 bp−$226doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.