Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 203.55 | +0.0139 | pay 0.0017% / 1h | 59m 33s | $4.0M | $9.9M | 10x | Long tradeXYZ | |
| SHORT | 203.83 | +0.0180 | get 0.0180% / 8h | 7h 59m | $8.3M | $3.2M | 50x | Short MEXC |
Price gap+0.138%
Funding gap+0.0041% /8h
Both sides work: funding pays +$1 a day on $10k, and the gap is 0.070% above its 7d average: +$7 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$17+0.0041% /8h now · paid −0.168% over the last 7D
Price+$7spread +0.138% now, avg +0.067% → +0.070% if it goes back
Costs−$350.353% of $10k · taker + slippage, in and out
Result−$45−0.45%+ Points / potential airdroptradeXYZ: points · farm boardWhat the last 7D really paid, hour by hour → backtest
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+0.138%
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
2 ok · 3 to watch- Watch: Thin at this size4.5 / 17.0 bpAt $10k entering MEXC costs 17.0 bp, fee and slippage, 3.8× tradeXYZ’s.
- Note: Margin at max leverage$1,000 + $200tradeXYZ 10x, MEXC 50x. 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: +$1.24Long tradeXYZ: 24 payments, −$4.16; short MEXC: 3 payments, +$5.40.
- OK: Entry gap works for you+0.138% vs +0.067%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Long leg is thinner$4.0M vs $8.3M OIBoth legs are deep; tradeXYZ is the smaller one.
- 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−0.0080%/8h × 21 periods−$16.76
Price spread+0.138% → +0.067% (7d avg)+$7.02
Slippage, 4 orderslive order books−$33.55
Fee tradeXYZ bp × 2 orders−$1.80
Fee MEXC bp × 2 orders$0.00
Net · 7 days · $10k−$45.09
Costs to cover0.353%Break-evennever at this rate
Slippage: tradeXYZ: live order book, 5 min ago; MEXC: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGtradeXYZ1.474.5 bp−$47.6 bp−$7684.7 bp−$8,465doesn’t fit
SELL · SHORTMEXC6.3817.0 bp−$17128.6 bp−$1,286219.0 bp−$21.9Kdoesn’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