Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 79.280 | 0 | 0.0000% / 8h | 3h 12m | $1.7M | $1.1M | 50x | Long MEXC | |
| SHORT | 79.260 | 0 | 0.0000% / 8h | 3h 12m | $1K | $776K | 10x | Short SunX≤10% back |
Price gap−0.025%46s
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.035% under its 7d average: the price leg works against you, −$3 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$130.0000% /8h now · paid −0.133% over the last 7D
Price—spread −0.025%46s now · prices read too far apart to compare
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs—no pointsneeds both prices read together
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−0.025%
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
/8hAAOI on 25 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than SunX’s order book right now.
- Note: Margin at max leverage$200 + $1,000MEXC 50x, SunX 10x. 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: $0.00Long MEXC: 3 payments, $0.00; short SunX: 3 payments, $0.00.
- Watch: Prices read 46 s apart−0.025% vs +0.009%Part of this gap may be the market moving.
- Watch: Short leg is thinner$1K vs $1.7M OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCMEXC Yes · SunX NoKYC 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−0.0063%/8h × 21 periods−$13.30
Price spreadprices read too far apart to compare—
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee MEXC bp × 2 orders−$8.00
Fee SunX bp × 2 orders−$8.00
Net · 7 days · $10k—
doesn’t fit the books at $10kprice spread not counted: prices read too far apartCosts to cover—Break-even—
Slippage: MEXC: live order book, 3 min ago; SunX: live order book, 69 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGMEXC0.634.7 bp−$57.9 bp−$7943.8 bp−$4,377230.8 bp−$115.4K
SELL · SHORTSunX484.05doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-13 18:53 | Paragon | Other | Jul 31 to Aug 14, $BTC was basically flat, while $AAOI ran +63%, $CRDO +26% and $COHR +25%. @tradeparagon on X ↗ |
| 10-12 12:27 | TxFlow | Listing | new market AAOI-USDC ($AAOI) seen by our collector |
| 09-18 12:57 | Paragon | Listing | Ciena ($CIEN), IREN ($IREN) and Applied Optoelectronics ($AAOI) sit on different layers of the same AI build: line systems, cloud capacity, and optical transceivers. All three are live as perpetuals, 24/7 on Hyperliquid. Up to 10x. @tradeparagon on X ↗ |


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