Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 71.080 | −1.7260 | get 1.7260% / 8h | 7h 50m | $801K | $841K | 25x | Long Bybit | |
| SHORT | 71.090 | −1.4508 | pay 0.7254% / 4h | 3h 50m | $81K | $201K | 20x | Short MEXC |
Price gap+0.014%
Funding gap+0.2752% /8h
Both sides work: funding pays +$83 a day on $10k, and the gap is 0.052% above its 7d average: +$5 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$49+0.2752% /8h now · paid −0.492% over the last 7D
Price+$5spread +0.014% now, avg −0.038% → +0.052% if it goes back
Costs−$3713.709% of $10k · taker + slippage, in and out
Result−$415−4.15%no points
The current funding rate is far above what this pair has been paying: over the last 7 days it paid −0.492% in total, about −0.0234%/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+0.014%
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
/8hZHONGJI on 9 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size73.2 / 103.0 bpAt $10k entering MEXC costs 103.0 bp, fee and slippage, 1.4× Bybit’s.
- Note: Margin at max leverage$400 + $500Bybit 25x, MEXC 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$82.56Long Bybit: 3 payments, +$517.80; short MEXC: 6 payments, −$435.24.
- OK: Entry gap works for you+0.014% vs −0.038%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$81K vs $801K OIMEXC 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−0.0234%/8h × 21 periods−$49.17
Price spread+0.014% → −0.038% (7d avg)+$5.22
Slippage, 4 orderslive order books−$355.92
Fee Bybit bp × 2 orders−$11.00
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k−$414.86
Costs to cover3.709%Break-evennever at this rate
Slippage: Bybit: live order book, 27 min ago; MEXC: live order book, 17 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit4.8173.2 bp−$73doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTMEXC94.61103.0 bp−$103261.3 bp−$2,613323.1 bp−$32.3Kdoesn’t fit
Closing costs about the same again.