Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 32.960 | +0.0060 | pay 0.0008% / 1h | 47m 27s | $251K | $122K | 10x | Long Paragon | |
| SHORT | 33.050 | +0.0144 | get 0.0144% / 8h | 5h 47m | $1.6M | $144K | 50x | Short MEXC |
Price gap+0.273%
Funding gap+0.0084% /8h
Both sides work: funding pays +$3 a day on $10k, and the gap is 0.046% above its 7d average: +$5 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$32+0.0084% /8h now · paid −0.320% over the last 7D
Price+$5spread +0.273% now, avg +0.227% → +0.046% if it goes back
Costs−$880.880% of $10k · taker + slippage, in and out
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+0.273%
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
/8hSMCI on 21 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size29.9 / 14.1 bpAt $10k entering Paragon costs 29.9 bp, fee and slippage, 2.1× MEXC’s.
- Note: Margin at max leverage$1,000 + $200Paragon 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: +$2.52Long Paragon: 24 payments, −$1.80; short MEXC: 3 payments, +$4.32.
- OK: Entry gap works for you+0.273% vs +0.227%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$251K vs $1.6M OIParagon sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCParagon 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−0.0153%/8h × 21 periods−$32.05
Price spread+0.273% → +0.227% (7d avg)+$4.56
Slippage, 4 orderslive order books−$82.17
Fee Paragon bp × 2 orders−$1.80
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k−$115.45
Costs to cover0.880%Break-evennever at this rate
Slippage: Paragon: live order book, 32 min ago; MEXC: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGParagon28.8229.9 bp−$3085.9 bp−$859doesn’t fitdoesn’t fit
SELL · SHORTMEXC12.0914.1 bp−$1416.3 bp−$16396.7 bp−$9,670doesn’t fit
Closing costs about the same again.
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