Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 281.12 | +0.0100 | pay 0.0013% / 1h | 58m 19s | $335K | $333K | 20x | Long SoDEX | |
| SHORT | 281.11 | −0.0050 | pay 0.0050% / 8h | 7h 58m | $946K | $1.3M | — | Short BingX |
Price gap−0.002%
Funding gap−0.0150% /8h
Funding costs $4 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$40−0.0150% /8h now · paid −0.403% over the last 7D
Price$0spread −0.002% now, avg +0.002% → −0.004% if it goes back
Costs−$780.781% of $10k · taker + slippage, in and out
Result−$119−1.19%no points
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−0.002%
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
/8hMCD on 17 exchanges
lowest funding firstBefore you open
0 ok · 4 to watch- Watch: Thin at this size27.2 / 12.0 bpAt $10k entering SoDEX costs 27.2 bp, fee and slippage, 2.3× BingX’s.
- Note: Margin at max leverage$500 + —SoDEX 20x, BingX —. 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: −$4.50Long SoDEX: 24 payments, −$3.00; short BingX: 3 payments, −$1.50.
- Note: Gap at its usual level−0.002% vs +0.002%The price leg adds little either way.
- Watch: Long leg is thinner$335K vs $946K OISoDEX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCSoDEX No · BingX YesAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0192%/8h × 21 periods−$40.26
Price spread−0.002% → +0.002% (7d avg)−$0.36
Slippage, 4 orderslive order books−$60.08
Fee SoDEX bp × 2 orders−$8.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$118.70
Costs to cover0.781%Break-evennever at this rate
Slippage: SoDEX: live order book, 46 min ago; BingX: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSoDEX8.2427.2 bp−$27118.0 bp−$1,180doesn’t fitdoesn’t fit
SELL · SHORTBingX3.3812.0 bp−$1232.6 bp−$326501.7 bp−$50.2K1086.6 bp−$543.3K
Closing costs about the same again.
MCD news
posts that mention MCD or McDonald's, from every exchange| 11-05 15:13 | Variational Omni | Listing | Mcdonalds Corporation $MCD perps are now live with zero fees and up to 20x leverage. @variational_io on X ↗ |
| 11-05 08:18 | Variational Omni | Listing | new market MCD ($MCD) seen by our collector |
| 11-04 08:03 | Kalshi | Other | JUST IN: Mark Cuban says Gen Z should start at McDonald's and "prove they can move up" @Kalshi on X ↗ |
| 11-03 18:24 | Kalshi | Listing | new market KXMCDPERP ($MCD) seen by our collector |
| 11-03 14:36 | Lighter RH | Listing | new market MCD ($MCD) seen by our collector |
| 11-03 05:53 | Phemex | Other | November 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 ↗ |


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