Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 22.206 | +0.0888 | pay 0.0111% / 1h | 54m 15s | $2.4M | $2.7M | 10x | Long tradeXYZ | |
| SHORT | 22.250 | 0 | 0.0000% / 4h | 3h 54m | $123K | $132K | 20x | Short MEXC |
Price gap+0.198%
Funding gap−0.0888% /8h
The gap pays +$7 on $10k if it goes back to its 7d average, but funding costs $27 a day and eats that in about 6 hours. At the last 7 days' pace that is about 31 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$2−0.0888% /8h now · paid −0.016% over the last 7D
Price+$7spread +0.198% now, avg +0.130% → +0.068% if it goes back
Costs−$380.382% of $10k · taker + slippage, in and out
Result−$33−0.33%+ 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 −0.016% in total, about −0.0007%/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+0.198%
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
/8hMINIMAX on 21 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- OK: Fits both order books11.4 / 8.5 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- 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 / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$26.63Long tradeXYZ: 24 payments, −$26.63; short MEXC: 6 payments, $0.00.
- OK: Entry gap works for you+0.198% vs +0.130%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$123K vs $2.4M OIMEXC 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−0.0007%/8h × 21 periods−$1.55
Price spread+0.198% → +0.130% (7d avg)+$6.82
Slippage, 4 orderslive order books−$32.41
Fee tradeXYZ bp × 2 orders−$1.80
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k−$32.95
Costs to cover0.382%Break-evennever at this rate
Slippage: tradeXYZ: live order book, 3 min ago; MEXC: live order book, 56 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGtradeXYZ1.5811.4 bp−$1134.3 bp−$343doesn’t fitdoesn’t fit
SELL · SHORTMEXC2.268.5 bp−$821.1 bp−$211145.2 bp−$14.5Kdoesn’t fit
Closing costs about the same again.
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