Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.3274 | +0.0069 | pay 0.0009% / 1h | 58m 12s | $104K | $1.1M | 50x | Long TxFlow5% off | |
| SHORT | 0.3285 | −0.0122 | pay 0.0122% / 8h | 7h 58m | $5.3M | $5.5M | 200x | Short MEXC |
Price gap+0.336%
Funding gap−0.0191% /8h
The gap pays +$19 on $10k if it goes back to its 7d average, but funding costs $6 a day and eats that in about 3.3 days. At the last 7 days' pace that is about 5 months.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$1−0.0191% /8h now · paid −0.010% over the last 7D
Price+$19spread +0.336% now, avg +0.147% → +0.189% if it goes back
Costs−$270.265% of $10k · taker + slippage, in and out
Result−$9−0.09%+ Points / potential airdropTxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.010% in total, about −0.0005%/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+0.336%
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
/8hLDO on 30 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- OK: Fits both order books12.0 / 3.3 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$200 + $50TxFlow 50x, MEXC 200x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$5.72Long TxFlow: 24 payments, −$2.06; short MEXC: 3 payments, −$3.66.
- OK: Entry gap works for you+0.336% vs +0.147%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$104K vs $5.3M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCTxFlow No · MEXC 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−0.0005%/8h × 21 periods−$0.97
Price spread+0.336% → +0.147% (7d avg)+$18.89
Slippage, 4 orderslive order books−$17.53
Fee TxFlow bp × 2 orders−$9.00
Fee MEXC bp × 2 orders$0.00
Net · 7 days · $10k−$8.61
Costs to cover0.265%Break-evennever at this rate
Slippage: TxFlow: live order book, 4 min ago; MEXC: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow1.5212.0 bp−$1239.4 bp−$394doesn’t fitdoesn’t fit
SELL · SHORTMEXC1.523.3 bp−$311.1 bp−$11162.2 bp−$6,219104.0 bp−$52.0K
Closing costs about the same again.
Phemex