Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 371.28 | 0 | 0.0000% / 8h | 3h 12m | $973K | $115K | 50x | Long MEXC | |
| SHORT | 371.27 | +0.0100 | get 0.0100% / 8h | 3h 12m | $850 | $675K | 10x | Short SunX≤10% back |
Price gap−0.003%
Funding gap+0.0100% /8h
Both sides work: funding pays +$3 a day on $10k, and the gap is 0.066% 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+$20+0.0100% /8h now · paid +0.200% over the last 7D
Price+$7spread −0.003% now, avg −0.068% → +0.066% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs+$27+0.27%no pointscosts unknown: book too thin at $10k · 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−0.003%
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
/8hPANW on 13 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than SunX’s order book right now.
- Note: Margin at max leverage$200 + $1,000MEXC 50x, SunX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$3.00Long MEXC: 3 payments, $0.00; short SunX: 3 payments, +$3.00.
- OK: Entry gap works for you−0.003% vs −0.068%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$850 vs $973K OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCMEXC Yes · SunX 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+0.0095%/8h × 21 periods+$19.99
Price spread−0.003% → −0.068% (7d avg)+$6.56
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee MEXC bp × 2 orders−$8.00
Fee SunX bp × 2 orders−$8.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: MEXC: live order book, 32 min ago; SunX: live order book, 8 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGMEXC6.8626.9 bp−$27182.8 bp−$1,828237.1 bp−$23.7Kdoesn’t fit
SELL · SHORTSunX251.09doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-27 09:00 | KuCoin | Listing | new market PANWUSDTM ($PANW) seen by our collector |
| 10-22 09:44 | OKX | Listing | new market PANW-USDT-SWAP ($PANW) seen by our collector |
| 09-28 16:43 | Avantis | Other | 2/ Software and cybersecurity $PANW $FTNT $ADBE $ADSK $INTU $DDOG $WDAY $SHOP $PYPL $MELI $PDD $TTWO $DASH Application layer where the spend actually lives, is AI helping or harming these companies? @verantaxyz on X ↗ |
| 09-24 14:11 | Avantis | Listing | new market PANW/USD ($PANW) seen by our collector |


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