Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 4.0638 | +0.0369 | pay 0.0046% / 1h | 59m 33s | $554K | $164K | 10x | Long tradeXYZ | |
| SHORT | 4.0670 | 0 | 0.0000% / 4h | 3h 59m | $688K | $110K | 25x | Short MEXC |
Price gap+0.079%
Funding gap−0.0369% /8h
Both sides work against this direction now: funding costs $11 a day on $10k and the gap is 0.070% 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+$135−0.0369% /8h now · paid +1.352% over the last 7D
Price−$7spread +0.079% now, avg +0.148% → −0.070% if it goes back
Costs−$1741.745% of $10k · taker + slippage, in and out
Result−$46−0.46%+ 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+0.079%
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
/8hSHEIN on 9 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size57.2 / 21.1 bpAt $10k entering tradeXYZ costs 57.2 bp, fee and slippage, 2.7× MEXC’s.
- Note: Margin at max leverage$1,000 + $400tradeXYZ 10x, MEXC 25x. 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: −$11.06Long tradeXYZ: 24 payments, −$11.06; short MEXC: 6 payments, $0.00.
- Watch: Gap narrower than usual+0.079% vs +0.148%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$554K vs $688K OItradeXYZ 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+0.0644%/8h × 21 periods+$135.22
Price spread+0.079% → +0.148% (7d avg)−$6.97
Slippage, 4 orderslive order books−$172.67
Fee tradeXYZ bp × 2 orders−$1.80
Fee MEXC bp × 2 orders$0.00
Net · 7 days · $10k−$46.23
Costs to cover1.745%Break-even9.4 days
Slippage: tradeXYZ: live order book, 23 min ago; MEXC: live order book, 41 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGtradeXYZ5.7857.2 bp−$57280.4 bp−$2,804doesn’t fitdoesn’t fit
SELL · SHORTMEXC9.8321.1 bp−$2152.3 bp−$523209.4 bp−$20.9Kdoesn’t fit
Closing costs about the same again.

