Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 23.650 | 0 | 0.0000% / 8h | 4h 14m | $2.6M | $94K | 20x | Long MEXC | |
| SHORT | 23.580 | 0 | 0.0000% / 8h | 4h 14m | $345K | $376K | 20x | Short Binance |
Price gap−0.296%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$10 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$00.0000% /8h now · paid 0.000% over the last 7D
Price+$10spread −0.296% now, avg −0.398% → +0.103% if it goes back
Costs−$5515.514% 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−0.296%
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
/8hSONY on 10 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size235.7 / 21.7 bpAt $10k entering MEXC costs 235.7 bp, fee and slippage, 10.9× Binance’s.
- Note: Margin at max leverage$500 + $500MEXC 20x, Binance 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: $0.00Long MEXC: 3 payments, $0.00; short Binance: 3 payments, $0.00.
- OK: Entry gap works for you−0.296% vs −0.398%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$345K vs $2.6M OIBinance sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCMEXC Yes · Binance 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 earned0.0000%/8h × 21 periods$0.00
Price spread−0.296% → −0.398% (7d avg)+$10.28
Slippage, 4 orderslive order books−$535.42
Fee MEXC bp × 2 orders−$8.00
Fee Binance bp × 2 orders−$8.00
Net · 7 days · $10k−$541.14
Costs to cover5.514%Break-evennever at this rate
Slippage: MEXC: live order book, 1 min ago; Binance: live order book, 11 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGMEXC19.00235.7 bp−$236587.8 bp−$5,878775.9 bp−$77.6Kdoesn’t fit
SELL · SHORTBinance4.2421.7 bp−$22120.5 bp−$1,205doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-29 11:48 | Phemex | Other | 🎁 $50,000. One draw. Every eligible trader wins. 😍 Trade Futures, complete tasks, unlock more draw chances, and spin for: → iPhone Duo → Sony α7 IV → Trading bonuses & vouchers ⏳ Live Sep 21–Oct 5 UTC 👉 @Phemex_official on X ↗ |
| 09-28 04:34 | Phemex | Contest | Your next perpetual trade could come with a spin. - Complete trading tasks - Hit volume milestones - Invite friends for extra chances 🎁 Then draw for a share of $50,000 in prizes, including an iPhone Duo, Sony α7 IV, and $USDT trading rewards. Every eligible participant gets a prize. ⏳ Live Sep 21–Oct 5 UTC 👉 @Phemex_official on X ↗ |
| 09-24 19:26 | Phemex | Contest | Trade the setup. Spin for the upside. 🎁 Phemex Futures Lucky Draw 11th is live with a $50,000 prize pool. 👇 Complete Futures tasks, unlock draw chances, and stay active for more spins. iPhone Duo. Sony α7 IV. Trading bonuses. Every eligible participant wins. Full details in the reply. @Phemex_official on X ↗ |
| 09-21 19:50 | Phemex | Contest | Trade the market. Spin for more. 🎁 Lucky Draw #11 brings $50,000 in rewards, including an iPhone Duo, a Sony α7 IV, $USDT TRADING bonuses, and vouchers. Complete Perps Trading tasks to earn spins. Every eligible participant wins. 👇 Live Sep 21–Oct 5 UTC @Phemex_official on X ↗ |


Phemex