Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG280.6600.0000% / 8h7m 53s$325K$599K10xLong KuCoin
SHORT281.3500.0000% / 8h7m 53s$707K$952K20xShort Bitget
Price gap+0.248%
Funding gap0.0000% /8h

Funding is ≈ 0, so this is a price-spread trade: +$6 on $10k if the gap goes back to its 7d average.

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+$6spread +0.248% now, avg +0.192% → +0.055% 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+0.248%
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

2 ok · 3 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$1,000 + $500
    KuCoin 10x, Bitget 20x. 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 KuCoin: 3 payments, $0.00; short Bitget: 3 payments, $0.00.
  • OK: Entry gap works for you+0.248% vs +0.192%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$325K vs $707K OI
    KuCoin sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCKuCoin Yes · Bitget Yes
    Standard KYC (ID and face check) for any product since Aug 2023.

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+0.248% → +0.192% (7d avg)+$5.52
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee KuCoin bp × 2 orders−$12.00
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k—
doesn’t fit the books at $10k
Costs to cover—Break-even—
Slippage: KuCoin: live order book, 52 min ago; Bitget: live order book, 31 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGKuCoin16.69doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBitget2.1536.9 bp−$3771.6 bp−$716doesn’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 ↗