Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 123.52 | +0.1164 | pay 0.0146% / 1h | 29m 17s | $462K | $148K | 10x | Long tradeXYZ | |
| SHORT | 123.91 | 0 | 0.0000% / 8h | 5h 29m | $854K | $133K | 20x | Short MEXC |
Price gap+0.316%
Funding gap−0.1164% /8h
The gap pays +$19 on $10k if it goes back to its 7d average, but funding costs $35 a day and eats that in about 13 hours. At the last 7 days' pace that is about 3.2 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$42−0.1164% /8h now · paid −0.423% over the last 7D
Price+$19spread +0.316% now, avg +0.124% → +0.191% if it goes back
Costs−$2622.624% of $10k · taker + slippage, in and out
Result−$286−2.86%+ 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 −0.423% in total, about −0.0201%/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+0.316%
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
2 ok · 4 to watch- Watch: Thin at this size173.4 / 6.6 bpAt $10k entering tradeXYZ costs 173.4 bp, fee and slippage, 26.5× 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 / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$34.93Long tradeXYZ: 24 payments, −$34.93; short MEXC: 3 payments, $0.00.
- OK: Entry gap works for you+0.316% vs +0.124%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long 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: 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−0.0201%/8h × 21 periods−$42.31
Price spread+0.316% → +0.124% (7d avg)+$19.13
Slippage, 4 orderslive order books−$256.58
Fee tradeXYZ bp × 2 orders−$1.80
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k−$285.55
Costs to cover2.624%Break-evennever at this rate
Slippage: tradeXYZ: live order book, 55 min ago; MEXC: live order book, 20 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGtradeXYZ14.57173.4 bp−$173384.6 bp−$3,846doesn’t fitdoesn’t fit
SELL · SHORTMEXC0.406.6 bp−$779.8 bp−$798197.9 bp−$19.8Kdoesn’t fit
Closing costs about the same again.
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| 10-06 17:49 | tradeXYZ | Listing | new market xyz:GLW ($GLW) seen by our collector |
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