Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 123.94 | 0 | 0.0000% / 8h | 4h 32m | $854K | $130K | 20x | Long MEXC | |
| SHORT | 123.51 | +0.0816 | get 0.0102% / 1h | 32m 27s | $462K | $142K | 10x | Short tradeXYZ |
Price gap−0.347%
Funding gap+0.0816% /8h
Funding pays +$24 a day on $10k, but the gap is 0.221% under its 7d average: −$22 if it goes back, about 22 hours of funding. At the last 7 days' pace that is about 3.6 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$43+0.0816% /8h now · paid +0.434% over the last 7D
Price−$22spread −0.347% now, avg −0.126% → −0.221% if it goes back
Costs−$1411.415% of $10k · taker + slippage, in and out
Result−$120−1.20%+ 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 +0.434% in total, about +0.0207%/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−0.347%
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
/8hGLW on 21 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size10.3 / 16.9 bpAt $10k entering tradeXYZ costs 16.9 bp, fee and slippage, 1.6× 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: +$24.49Long MEXC: 3 payments, $0.00; short tradeXYZ: 24 payments, +$24.49.
- Watch: Gap narrower than usual−0.347% vs −0.126%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$462K vs $854K OItradeXYZ 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+0.0207%/8h × 21 periods+$43.41
Price spread−0.347% → −0.126% (7d avg)−$22.14
Slippage, 4 orderslive order books−$131.66
Fee MEXC bp × 2 orders−$8.00
Fee tradeXYZ bp × 2 orders−$1.80
Net · 7 days · $10k−$120.20
Costs to cover1.415%Break-even26.4 days
Slippage: MEXC: live order book, 12 min ago; tradeXYZ: live order book, 43 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGMEXC0.8110.3 bp−$1073.3 bp−$733209.5 bp−$20.9Kdoesn’t fit
SELL · SHORTtradeXYZ12.1416.9 bp−$17212.5 bp−$2,125doesn’t fitdoesn’t fit
Closing costs about the same again.
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