Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 506.60 | +0.0131 | pay 0.0131% / 8h | 4h 15m | $6.7M | $129K | 20x | Long MEXC | |
| SHORT | 505.93 | 0 | 0.0000% / 8h | 4h 15m | $22K | $225K | 25x | Short Bybit |
Price gap−0.132%
Funding gap−0.0131% /8h
Both sides work against this direction now: funding costs $4 a day on $10k and the gap is 0.127% 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+$43−0.0131% /8h now · paid +0.434% over the last 7D
Price−$13spread −0.132% now, avg −0.006% → −0.127% if it goes back
Costs−$7947.936% 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−0.132%
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 size131.4 / 252.7 bpAt $10k entering Bybit costs 252.7 bp, fee and slippage, 1.9× 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.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$3.93Long MEXC: 3 payments, −$3.93; short Bybit: 3 payments, $0.00.
- Watch: Gap narrower than usual−0.132% vs −0.006%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$22K vs $6.7M 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+0.0207%/8h × 21 periods+$43.37
Price spread−0.132% → −0.006% (7d avg)−$12.67
Slippage, 4 orderslive order books−$774.58
Fee MEXC bp × 2 orders−$8.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$762.88
Costs to cover7.936%Break-even130.1 days
Slippage: MEXC: live order book, 6 min ago; Bybit: live order book, 22 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGMEXC20.20131.4 bp−$131221.9 bp−$2,219doesn’t fitdoesn’t fit
SELL · SHORTBybit19.36252.7 bp−$253doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
Avantis