Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 24.790 | 0 | 0.0000% / 8h | 4h 15m | $377K | $105K | 20x | Long MEXC | |
| SHORT | 24.780 | 0 | 0.0000% / 8h | 4h 15m | $270K | $604K | 20x | Short Bitget |
Price gap−0.040%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.089% under its 7d average: the price leg works against you, −$9 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$70.0000% /8h now · paid +0.075% over the last 7D
Price−$9spread −0.040% now, avg +0.049% → −0.089% if it goes back
Costs−$1521.517% of $10k · taker + slippage, in and out
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−0.040%
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
/8hAPLD on 13 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size30.1 / 45.6 bpAt $10k entering Bitget costs 45.6 bp, fee and slippage, 1.5× MEXC’s.
- Note: Margin at max leverage$500 + $500MEXC 20x, Bitget 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: $0.00Long MEXC: 3 payments, $0.00; short Bitget: 3 payments, $0.00.
- Watch: Gap narrower than usual−0.040% vs +0.049%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$270K vs $377K OIBitget sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCMEXC Yes · Bitget 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+0.0036%/8h × 21 periods+$7.48
Price spread−0.040% → +0.049% (7d avg)−$8.89
Slippage, 4 orderslive order books−$131.69
Fee MEXC bp × 2 orders−$8.00
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k−$153.10
Costs to cover1.517%Break-even150.3 days
Slippage: MEXC: live order book, 22 min ago; Bitget: live order book, 15 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGMEXC4.0430.1 bp−$30157.5 bp−$1,575228.3 bp−$22.8K316.7 bp−$158.3K
SELL · SHORTBitget30.2145.6 bp−$4681.7 bp−$817doesn’t fitdoesn’t fit
Closing costs about the same again.
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| 10-03 11:40 | Backpack | Other | Earnings & macro events to watch for the week of Oct. 5. ▸ Earnings: $PEP $DAL $STZ $LEVI $APLD $PENG ▸ Macro: US ISM Services PMI, FOMC minutes Full market calendar → @Backpack on X ↗ |
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