Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 146.81 | +0.0046 | pay 0.0006% / 1h | 5m 27s | $134K | — | 25x | Long Vest Markets+5% pts | |
| SHORT | 145.18 | 0 | 0.0000% / 8h | 4h 05m | $13.7M | $3.3M | 100x | Short MEXC |
Price gap−1.110%
Funding gap−0.0046% /8h
Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.889% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$3−0.0046% /8h now · paid +0.028% over the last 7D
Price−$89spread −1.110% now, avg −0.221% → −0.889% if it goes back
Costsno datano order book for Vest Markets
Result, before costs−$86−0.86%+ Points / potential airdropVest Markets: points · farm boardcosts unknown: no order book for Vest Markets · What 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−1.110%
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
/8hMSTR on 41 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Note: Order book unknown—No order-book sample for Vest Markets: its slippage is not counted.
- Note: Margin at max leverage$400 + $100Vest Markets 25x, MEXC 100x. 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: −$1.37Long Vest Markets: 24 payments, −$1.37; short MEXC: 3 payments, $0.00.
- Watch: Gap narrower than usual−1.110% vs −0.221%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$134K vs $13.7M OIVest Markets sets your exit cost. Check its book before closing.
- OK: Points on a legVest Markets pointsVolume here counts toward the points program.
- Watch: KYCVest Markets 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+0.0013%/8h × 21 periods+$2.76
Price spread−1.110% → −0.221% (7d avg)−$88.91
Slippage, 4 ordersno data for Vest Markets—
Fee Vest Markets bp × 2 orders−$2.00
Fee MEXC bp × 2 orders−$4.00
Net, fees only · 7 days · $10k−$92.15
Costs to cover0.060%Break-even240.9 days
Slippage: Vest Markets: no order-book sample; MEXC: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVest Markets—————
SELL · SHORTMEXC0.342.3 bp−$22.7 bp−$275.6 bp−$56012.8 bp−$6,380
Closing costs about the same again.
Vest Markets: no data.
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| 10-20 16:51 | Phemex | Other | MSTR has not been removed from MSCI indexes. The rule has changed; the final list is still pending. November 11 is the date to watch. If MSTR is removed, index funds may adjust their stock holdings—not force Strategy to sell BTC. Which matters more to you: index flows or the Bitcoin thesis? 🧐 Read the full analysis: @Phemex_official on X ↗ |
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