Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,146 | +0.0043 | pay 0.0005% / 1h | 51m 31s | $6.1M | $972K | 10x | Long tradeXYZ | |
| SHORT | 1,146.8 | +0.0177 | get 0.0177% / 8h | 51m 31s | $5.4M | $119K | 100x | Short MEXC |
Price gap+0.067%
Funding gap+0.0134% /8h
Funding trade: +$4 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$16+0.0134% /8h now · paid −0.165% over the last 7D
Price−$1spread +0.067% now, avg +0.073% → −0.006% if it goes back
Costs−$280.280% of $10k · taker + slippage, in and out
Result−$45−0.45%+ Points / potential airdroptradeXYZ: points · farm boardWhat the last 7D really paid, hour by hour → backtest
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+0.067%
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
/8hLLY on 22 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- OK: Fits both order books5.7 / 9.5 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + $100tradeXYZ 10x, MEXC 100x. 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: +$4.02Long tradeXYZ: 24 payments, −$1.29; short MEXC: 3 payments, +$5.31.
- Note: Gap at its usual level+0.067% vs +0.073%The price leg adds little either way.
- Note: Short leg is thinner$5.4M vs $6.1M OIBoth legs are deep; MEXC is the smaller one.
- 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−0.0079%/8h × 21 periods−$16.49
Price spread+0.067% → +0.073% (7d avg)−$0.57
Slippage, 4 orderslive order books−$26.23
Fee tradeXYZ bp × 2 orders−$1.80
Fee MEXC bp × 2 orders$0.00
Net · 7 days · $10k−$45.09
Costs to cover0.280%Break-evennever at this rate
Slippage: tradeXYZ: live order book, 3 min ago; MEXC: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGtradeXYZ2.185.7 bp−$614.2 bp−$142144.6 bp−$14.5Kdoesn’t fit
SELL · SHORTMEXC6.159.5 bp−$940.0 bp−$400182.0 bp−$18.2K262.5 bp−$131.3K
Closing costs about the same again.
| 09-18 17:43 | Avantis | Other | Biotech. $LLY — orals expanding the market, or trading injectable economics for cash-pay economics? $MRNA — Intismeran turns a per-patient therapy into a real franchise, or the readout bought optionality the balance sheet still has to finance? @verantaxyz on X ↗ |


Avantis