Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 7,776.2 | −0.0043 | get 0.0005% / 1h | 51m 30s | $369.9M | $210.2M | 50x | Long tradeXYZ | |
| SHORT | 7,776 | −0.0079 | pay 0.0079% / 8h | 51m 30s | $70.8M | $41.3M | 200x | Short MEXC |
Price gap−0.003%
Funding gap−0.0036% /8h
Funding costs $1 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$20−0.0036% /8h now · paid −0.196% over the last 7D
Price−$2spread −0.003% now, avg +0.013% → −0.016% if it goes back
Costs−$20.022% of $10k · taker + slippage, in and out
Result−$23−0.23%+ 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−0.003%
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
/8hSP500 on 24 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- OK: Fits both order books1.1 / 0.1 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$200 + $50tradeXYZ 50x, MEXC 200x. 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: −$1.07Long tradeXYZ: 24 payments, +$1.30; short MEXC: 3 payments, −$2.37.
- Note: Gap at its usual level−0.003% vs +0.013%The price leg adds little either way.
- Watch: Short leg is thinner$70.8M vs $369.9M OIMEXC 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−0.0093%/8h × 21 periods−$19.63
Price spread−0.003% → +0.013% (7d avg)−$1.55
Slippage, 4 orderslive order books−$0.42
Fee tradeXYZ bp × 2 orders−$1.80
Fee MEXC bp × 2 orders$0.00
Net · 7 days · $10k−$23.41
Costs to cover0.022%Break-evennever at this rate
Slippage: tradeXYZ: live order book, 4 min ago; MEXC: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGtradeXYZ0.061.1 bp−$11.1 bp−$112.4 bp−$2384.9 bp−$2,447
SELL · SHORTMEXC0.060.1 bp$00.4 bp−$41.6 bp−$16540.8 bp−$20.4K
Closing costs about the same again.
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