Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 43.785 | +0.0873 | pay 0.0109% / 1h | 57m 28s | $546K | $43K | 10x | Long tradeXYZ | |
| SHORT | 44.170 | +0.0014 | get 0.0007% / 4h | 1h 57m | $123K | $110K | 20x | Short MEXC |
Price gap+0.879%
Funding gap−0.0859% /8h
Both sides work against this direction now: funding costs $26 a day on $10k and the gap is 0.592% 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+$25−0.0859% /8h now · paid +0.251% over the last 7D
Price−$59spread +0.879% now, avg +1.471% → −0.592% if it goes back
Costs−$1981.982% of $10k · taker + slippage, in and out
Result−$232−2.32%+ 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 +0.251% in total, about +0.0120%/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+0.879%
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
/8hGIGADEV on 7 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size50.6 / 10.1 bpAt $10k entering tradeXYZ costs 50.6 bp, fee and slippage, 5.0× MEXC’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 / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$25.78Long tradeXYZ: 24 payments, −$26.20; short MEXC: 6 payments, +$0.42.
- Watch: Gap narrower than usual+0.879% vs +1.471%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$123K vs $546K 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+0.0120%/8h × 21 periods+$25.15
Price spread+0.879% → +1.471% (7d avg)−$59.20
Slippage, 4 orderslive order books−$192.43
Fee tradeXYZ bp × 2 orders−$1.80
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k−$232.28
Costs to cover1.982%Break-even71.7 days
Slippage: tradeXYZ: live order book, 3 min ago; MEXC: live order book, 68 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGtradeXYZ16.2350.6 bp−$51250.3 bp−$2,503doesn’t fitdoesn’t fit
SELL · SHORTMEXC2.2710.1 bp−$10132.0 bp−$1,320214.4 bp−$21.4Kdoesn’t fit
Closing costs about the same again.

