Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG281.0000.0000% / 8h7h 58m$709K$954K20xLong Bitget
SHORT280.3100.0000% / 8h7h 58m$325K$602K10xShort KuCoin
Price gap−0.246%
Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is 0.054% under its 7d average: the price leg works against you, −$5 on $10k if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding$00.0000% /8h now · paid −0.004% over the last 7D
Price−$5spread −0.246% now, avg −0.192% → −0.054% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs−$6−0.06%no pointscosts unknown: book too thin at $10k ·

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.246%
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

/8h

MCD on 17 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Problem: Doesn’t fit the books—
    $10k a leg is deeper than KuCoin’s order book right now.
  • Note: Margin at max leverage$500 + $1,000
    Bitget 20x, KuCoin 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval8h / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: $0.00Long Bitget: 3 payments, $0.00; short KuCoin: 3 payments, $0.00.
  • Watch: Gap narrower than usual−0.246% vs −0.192%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thinner$325K vs $709K OI
    KuCoin sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBitget Yes · KuCoin Yes
    KYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0002%/8h × 21 periods−$0.36
Price spread−0.246% → −0.192% (7d avg)−$5.35
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee Bitget bp × 2 orders−$12.00
Fee KuCoin bp × 2 orders−$12.00
Net · 7 days · $10k—
doesn’t fit the books at $10k
Costs to cover—Break-even—
Slippage: Bitget: live order book, 41 min ago; KuCoin: live order book, 62 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBitget2.1528.5 bp−$2865.7 bp−$657doesn’t fitdoesn’t fit
SELL · SHORTKuCoin16.69doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

MCD news

posts that mention MCD or McDonald's, from every exchange
11-05 15:13Variational OmniListingMcdonalds Corporation $MCD perps are now live with zero fees and up to 20x leverage. @variational_io on X ↗
11-05 08:18Variational OmniListingnew market MCD ($MCD) seen by our collector
11-04 08:03KalshiOtherJUST IN: Mark Cuban says Gen Z should start at McDonald's and "prove they can move up" @Kalshi on X ↗
11-03 18:24KalshiListingnew market KXMCDPERP ($MCD) seen by our collector
11-03 14:36Lighter RHListingnew market MCD ($MCD) seen by our collector
11-03 05:53PhemexOtherNovember earnings season, one calendar. Apple has already set the tone. $NVDA on the 17th is the main event. TUE: US Midterm Elections TUE: Earnings $AMD WED: Earnings $QCOM, $MCD FRI: October Jobs Report Which ticker are you circling? 👇 Mark your calendar and check out the assets to watch this week. @Phemex_official on X ↗