Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 505.12 | 0 | 0.0000% / 8h | 3h 13m | $21K | $225K | 25x | Long Bybit | |
| SHORT | 503.50 | −0.0132 | pay 0.0132% / 8h | 3h 13m | $6.7M | $131K | 20x | Short MEXC |
Price gap−0.321%
Funding gap−0.0132% /8h
Both sides work against this direction now: funding costs $4 a day on $10k and the gap is 0.326% 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−$43−0.0132% /8h now · paid −0.434% over the last 7D
Price−$33spread −0.321% now, avg +0.005% → −0.326% if it goes back
Costs−$6956.948% of $10k · taker + slippage, in and out
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−0.321%
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
/8hVRTX on 6 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size301.2 / 14.3 bpAt $10k entering Bybit costs 301.2 bp, fee and slippage, 21.1× 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: −$3.96Long Bybit: 3 payments, $0.00; short MEXC: 3 payments, −$3.96.
- Watch: Gap narrower than usual−0.321% vs +0.005%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$21K vs $6.7M 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−0.0207%/8h × 21 periods−$43.37
Price spread−0.321% → +0.005% (7d avg)−$32.58
Slippage, 4 orderslive order books−$683.79
Fee Bybit bp × 2 orders−$11.00
Fee MEXC bp × 2 orders$0.00
Net · 7 days · $10k−$770.75
Costs to cover6.948%Break-evennever at this rate
Slippage: Bybit: live order book, 16 min ago; MEXC: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit12.74301.2 bp−$301doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTMEXC5.1614.3 bp−$14110.3 bp−$1,103doesn’t fitdoesn’t fit
Closing costs about the same again.
Avantis