Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 444.67 | +0.4018 | pay 0.4018% / 8h | 5h 51m | $1.0M | $954K | 25x | Long Bybit | |
| SHORT | 442.57 | +0.2077 | get 0.2077% / 8h | 5h 51m | $5.0M | $109K | 20x | Short MEXC |
Price gap−0.472%
Funding gap−0.1941% /8h
Both sides work against this direction now: funding costs $58 a day on $10k and the gap is 0.484% 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−$40−0.1941% /8h now · paid −0.402% over the last 7D
Price−$48spread −0.472% now, avg +0.012% → −0.484% if it goes back
Costs−$2262.257% of $10k · taker + slippage, in and out
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.402% in total, about −0.0192%/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−0.472%
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
/8hISRG on 10 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size106.3 / 47.0 bpAt $10k entering Bybit costs 106.3 bp, fee and slippage, 2.3× MEXC’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: −$58.22Long Bybit: 3 payments, −$120.53; short MEXC: 3 payments, +$62.31.
- Watch: Gap narrower than usual−0.472% vs +0.012%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Long leg is thinner$1.0M vs $5.0M OIBoth legs are deep; Bybit is the smaller one.
- 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−0.0192%/8h × 21 periods−$40.23
Price spread−0.472% → +0.012% (7d avg)−$48.43
Slippage, 4 orderslive order books−$210.73
Fee Bybit bp × 2 orders−$11.00
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k−$314.39
Costs to cover2.257%Break-evennever at this rate
Slippage: Bybit: live order book, 5 min ago; MEXC: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit2.47106.3 bp−$106doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTMEXC17.7247.0 bp−$4760.8 bp−$608179.5 bp−$17.9K276.2 bp−$138.1K
Closing costs about the same again.
Avantis