Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 812.54 | +0.1298 | pay 0.0162% / 1h | 6m 15s | $740K | $80K | 10x | Long tradeXYZ | |
| SHORT | 821.00 | +0.2187 | get 0.2187% / 8h | 5h 06m | $125K | $104K | 20x | Short MEXC |
Price gap+1.041%
Funding gap+0.0889% /8h
Both sides work: funding pays +$27 a day on $10k, and the gap is 0.862% above its 7d average: +$86 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$56+0.0889% /8h now · paid −0.563% over the last 7D
Price+$86spread +1.041% now, avg +0.179% → +0.862% if it goes back
Costs−$1381.380% of $10k · taker + slippage, in and out
Result−$108−1.08%+ Points / potential airdroptradeXYZ: points · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far above what this pair has been paying: over the last 7 days it paid −0.563% in total, about −0.0268%/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+1.041%
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
2 ok · 4 to watch- Watch: Thin at this size28.0 / 37.2 bpAt $10k entering MEXC costs 37.2 bp, fee and slippage, 1.3× tradeXYZ’s.
- Note: Margin at max leverage$1,000 + $500tradeXYZ 10x, MEXC 20x. 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: +$26.66Long tradeXYZ: 24 payments, −$38.95; short MEXC: 3 payments, +$65.61.
- OK: Entry gap works for you+1.041% vs +0.179%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$125K vs $740K OIMEXC sets your exit cost. Check its book before closing.
- OK: Points on a legtradeXYZ pointsVolume here counts toward the points program.
- Watch: KYCtradeXYZ 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−0.0268%/8h × 21 periods−$56.26
Price spread+1.041% → +0.179% (7d avg)+$86.19
Slippage, 4 orderslive order books−$132.18
Fee tradeXYZ bp × 2 orders−$1.80
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k−$108.04
Costs to cover1.380%Break-evennever at this rate
Slippage: tradeXYZ: live order book, 56 min ago; MEXC: live order book, 49 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGtradeXYZ3.4628.0 bp−$2829.6 bp−$296doesn’t fitdoesn’t fit
SELL · SHORTMEXC12.1237.2 bp−$3739.3 bp−$393205.7 bp−$20.6Kdoesn’t fit
Closing costs about the same again.