Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 204.38 | +0.0062 | pay 0.0062% / 8h | 51m 30s | $8.1M | $3.2M | 50x | Long MEXC | |
| SHORT | 204.46 | +0.0303 | get 0.0038% / 1h | 51m 30s | $3.7M | $9.7M | 10x | Short tradeXYZ |
Price gap+0.039%
Funding gap+0.0241% /8h
Both sides work: funding pays +$7 a day on $10k, and the gap is 0.107% above its 7d average: +$11 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$17+0.0241% /8h now · paid +0.168% over the last 7D
Price+$11spread +0.039% now, avg −0.067% → +0.107% if it goes back
Costs−$340.339% of $10k · taker + slippage, in and out
Result−$7−0.07%+ Points / potential airdroptradeXYZ: points · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.168% in total, about +0.0080%/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+0.039%
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
/8hMRNA on 25 exchanges
lowest funding firstBefore you open
3 ok · 2 to watch- OK: Fits both order books13.8 / 3.8 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$200 + $1,000MEXC 50x, tradeXYZ 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$7.22Long MEXC: 3 payments, −$1.86; short tradeXYZ: 24 payments, +$9.08.
- OK: Entry gap works for you+0.039% vs −0.067%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Short leg is thinner$3.7M vs $8.1M OIBoth legs are deep; tradeXYZ is the smaller one.
- OK: Points on a legtradeXYZ pointsVolume here counts toward the points program.
- Watch: KYCMEXC Yes · tradeXYZ NoKYC 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+0.0080%/8h × 21 periods+$16.76
Price spread+0.039% → −0.067% (7d avg)+$10.65
Slippage, 4 orderslive order books−$32.13
Fee MEXC bp × 2 orders$0.00
Fee tradeXYZ bp × 2 orders−$1.80
Net · 7 days · $10k−$6.52
Costs to cover0.339%Break-even9.7 days
Slippage: MEXC: live order book, 2 min ago; tradeXYZ: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGMEXC11.7313.8 bp−$1417.8 bp−$178197.8 bp−$19.8Kdoesn’t fit
SELL · SHORTtradeXYZ1.223.8 bp−$411.1 bp−$111137.6 bp−$13.8Kdoesn’t fit
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