Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 22.900 | 0 | 0.0000% / 8h | 2h 02m | $277K | $136K | 20x | Long Gate | |
| SHORT | 22.825 | −0.1011 | pay 0.1011% / 8h | 2h 02m | $577K | $274K | 20x | Short MEXC |
Price gap−0.328%
Funding gap−0.1011% /8h
Both sides work against this direction now: funding costs $30 a day on $10k and the gap is 0.273% 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−$62−0.1011% /8h now · paid −0.618% over the last 7D
Price−$27spread −0.328% now, avg −0.055% → −0.273% if it goes back
Costs−$5975.974% of $10k · taker + slippage, in and out
Result−$686−6.86%no points
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.618% in total, about −0.0294%/8h on average.
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−0.328%
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
/8hSOFTBANK on 8 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size295.9 / 37.7 bpAt $10k entering Gate costs 295.9 bp, fee and slippage, 7.9× MEXC’s.
- Note: Margin at max leverage$500 + $500Gate 20x, MEXC 20x. 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: −$30.33Long Gate: 3 payments, $0.00; short MEXC: 3 payments, −$30.33.
- Watch: Gap narrower than usual−0.328% vs −0.055%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$277K vs $577K OIGate sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCGate Yes · MEXC YesKYC before the futures account opens; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0294%/8h × 21 periods−$61.80
Price spread−0.328% → −0.055% (7d avg)−$27.26
Slippage, 4 orderslive order books−$578.37
Fee Gate bp × 2 orders−$15.00
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k−$686.43
Costs to cover5.974%Break-evennever at this rate
Slippage: Gate: live order book, 50 min ago; MEXC: live order book, 45 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGate36.95295.9 bp−$296doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTMEXC23.5937.7 bp−$38186.9 bp−$1,869506.1 bp−$50.6Kdoesn’t fit
Closing costs about the same again.