Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 34.783 | +0.0048 | pay 0.0006% / 1h | 56m 38s | $64K | $795K | 20x | Long Extended10% off | |
| SHORT | 34.850 | −1.3033 | pay 1.3033% / 8h | 6h 56m | $1.1M | $1.9M | 50x | Short MEXC |
Price gap+0.192%
Funding gap−1.3081% /8h
The gap pays +$11 on $10k if it goes back to its 7d average, but funding costs $392 a day and eats that in about under an hour. At the last 7 days' pace that is about 11 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$170−1.3081% /8h now · paid −1.701% over the last 7D
Price+$11spread +0.192% now, avg +0.084% → +0.107% if it goes back
Costs−$710.711% of $10k · taker + slippage, in and out
Result−$230−2.30%+ Points / potential airdropExtended: 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 −1.701% in total, about −0.0810%/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+0.192%
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
/8hEWZ on 16 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size17.3 / 19.0 bpAt $10k entering MEXC costs 19.0 bp, fee and slippage, 1.1× Extended’s.
- Note: Margin at max leverage$500 + $200Extended 20x, MEXC 50x. 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: −$392.43Long Extended: 24 payments, −$1.44; short MEXC: 3 payments, −$390.99.
- OK: Entry gap works for you+0.192% vs +0.084%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$64K vs $1.1M OIExtended sets your exit cost. Check its book before closing.
- OK: Points on a legExtended pointsVolume here counts toward the points program.
- Watch: KYCExtended 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−0.0810%/8h × 21 periods−$170.07
Price spread+0.192% → +0.084% (7d avg)+$10.73
Slippage, 4 orderslive order books−$62.09
Fee Extended bp × 2 orders−$5.00
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k−$230.43
Costs to cover0.711%Break-evennever at this rate
Slippage: Extended: live order book, 7 min ago; MEXC: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGExtended4.4417.3 bp−$17119.0 bp−$1,190doesn’t fitdoesn’t fit
SELL · SHORTMEXC14.3019.0 bp−$1945.1 bp−$451206.8 bp−$20.7Kdoesn’t fit
Closing costs about the same again.
| 10-21 11:27 | Kraken Futures | Listing | new market PF_EWZUSD ($EWZ) seen by our collector |
| 10-20 16:58 | Extended | Listing | Now available to trade: $NOW and $LYTE (ServiceNow and Roundhill Photonics & Optics ETF) with up to 10x leverage, $EWZ (iShares MSCI Brazil ETF) with up to 20x leverage and $BOT (RoboStrategy) with up to 5x leverage @extendedapp on X ↗ |
| 10-20 14:51 | Extended | Listing | new market EWZ-USD ($EWZ) seen by our collector |
| 10-05 03:15 | Backpack | Other | JUST IN: Flávio Bolsonaro finishes ahead of Lula in the first round of Brazil’s presidential election. The two advance to an Oct. 25 runoff. $EWZ +9.8% overnight. @Backpack on X ↗ |
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