Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 381.35 | +0.0248 | pay 0.0248% / 8h | 1h 52m | $4.8M | $114K | 100x | Long MEXC | |
| SHORT | 380.60 | +0.0190 | get 0.0190% / 8h | 1h 52m | $112K | $51K | 20x | Short Variational Omni+15% pts |
Price gap−0.197%
Funding gap−0.0058% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.105% 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−$1−0.0058% /8h now · paid −0.010% over the last 7D
Price−$11spread −0.197% now, avg −0.092% → −0.105% if it goes back
Costs−$810.814% of $10k · taker + slippage, in and out
Result−$93−0.93%+ Points / potential airdropVariational Omni: points · farm boardWhat 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−0.197%
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
/8hAMAT on 18 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size10.6 / 25.8 bpAt $10k entering Variational Omni costs 25.8 bp, fee and slippage, 2.4× MEXC’s.
- Note: Margin at max leverage$100 + $500MEXC 100x, Variational Omni 20x. 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: −$1.75Long MEXC: 3 payments, −$7.44; short Variational Omni: 3 payments, +$5.69.
- Watch: Gap narrower than usual−0.197% vs −0.092%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$112K vs $4.8M OIVariational Omni sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni pointsVolume here counts toward the points program.
- Watch: KYCMEXC Yes · Variational Omni 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−0.0005%/8h × 21 periods−$1.00
Price spread−0.197% → −0.092% (7d avg)−$10.50
Slippage, 4 orderslive order books−$73.39
Fee MEXC bp × 2 orders−$8.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$92.89
Costs to cover0.814%Break-evennever at this rate
Slippage: MEXC: live order book, 4 min ago; Variational Omni: RFQ quote, 56 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGMEXC3.5410.6 bp−$11138.7 bp−$1,387215.8 bp−$21.6Kdoesn’t fit
SELL · SHORTVariational Omni5.8225.8 bp−$2643.5 bp−$435doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-14 16:12 | Phoenix | Other | ASML says its supply won't fully meet demand in 2027 and 2028. $ASML on Phoenix is flat over the last 24 hours, while $TSM, $NVDA, $MU and $AMAT are down 1.3–2.9%. @PhoenixTrade on X ↗ |
| 10-14 09:00 | MEXC | Other | Indexes looked calm. The chip trade didn’t. 👀 🔻 $AMAT -6.7% 🔻 $MU -3.6% 🔻 Nasdaq -0.15% Just a chip pullback, or is risk appetite starting to crack? 👇 @MEXC on X ↗ |
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