Funding arb · Price arb / Crypto
AGENCY
All AGENCY markets →| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.01518 | +0.0400 | pay 0.0200% / 4h | 52m 14s | $35K | $206K | 20x | Long MEXC | |
| SHORT | 0.01490 | −2.6038 | pay 1.3019% / 4h | 52m 14s | $76K | $344K | 10x | Short Gate |
Price gap−1.851%
Funding gap−2.6438% /8h
The gap pays +$271 on $10k if it goes back to its 7d average, but funding costs $793 a day and eats that in about 8 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$170−2.6438% /8h now · paid −1.698% over the last 7 hours (all we have)
Price+$271spread −1.851% now, avg −4.562% → +2.711% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs+$101+1.01%no pointscosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest
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−1.851%
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
/8hAGENCY on 2 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than Gate’s order book right now.
- Note: Margin at max leverage$500 + $1,000MEXC 20x, Gate 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$793.14Long MEXC: 6 payments, −$12.00; short Gate: 6 payments, −$781.14.
- OK: Entry gap works for you−1.851% vs −4.562%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$35K vs $76K OIMEXC sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCMEXC Yes · Gate 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−1.9067%/8h × 21 periods−$4,003.97
Price spread−1.851% → −4.562% (7d avg)+$271.06
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee MEXC bp × 2 orders−$4.00
Fee Gate bp × 2 orders−$15.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: MEXC: live order book, 48 min ago; Gate: live order book, 9 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGMEXC75.86463.1 bp−$463doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTGate30.60doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.

