Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 831.90 | +0.2191 | pay 0.2191% / 8h | 3h 54m | $128K | $101K | 20x | Long MEXC | |
| SHORT | 829.54 | +0.0848 | get 0.0106% / 1h | 54m 16s | $812K | $122K | 10x | Short tradeXYZ |
Price gap−0.284%
Funding gap−0.1343% /8h
Both sides work against this direction now: funding costs $40 a day on $10k and the gap is 0.104% 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+$58−0.1343% /8h now · paid +0.578% over the last 7D
Price−$10spread −0.284% now, avg −0.179% → −0.104% if it goes back
Costs−$920.916% of $10k · taker + slippage, in and out
Result−$44−0.44%+ Points / potential airdroptradeXYZ: 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 +0.578% in total, about +0.0275%/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−0.284%
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
/8hGEV on 10 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size22.1 / 27.3 bpAt $10k entering tradeXYZ costs 27.3 bp, fee and slippage, 1.2× MEXC’s.
- Note: Margin at max leverage$500 + $1,000MEXC 20x, tradeXYZ 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$40.30Long MEXC: 3 payments, −$65.73; short tradeXYZ: 24 payments, +$25.43.
- Watch: Gap narrower than usual−0.284% vs −0.179%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$128K vs $812K OIMEXC sets your exit cost. Check its book before closing.
- OK: Points on a legtradeXYZ pointsVolume here counts toward the points program.
- Watch: KYCMEXC Yes · tradeXYZ 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+0.0275%/8h × 21 periods+$57.78
Price spread−0.284% → −0.179% (7d avg)−$10.43
Slippage, 4 orderslive order books−$85.79
Fee MEXC bp × 2 orders−$4.00
Fee tradeXYZ bp × 2 orders−$1.80
Net · 7 days · $10k−$44.24
Costs to cover0.916%Break-even12.4 days
Slippage: MEXC: live order book, 55 min ago; tradeXYZ: live order book, 55 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGMEXC9.7622.1 bp−$2222.7 bp−$227207.8 bp−$20.8Kdoesn’t fit
SELL · SHORTtradeXYZ9.8927.3 bp−$2765.7 bp−$657doesn’t fitdoesn’t fit
Closing costs about the same again.