Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 418.28 | 0 | 0.0000% / 8h | 3h 15m | $2.2M | $1.0M | 50x | Long MEXC | |
| SHORT | 418.32 | +0.0019 | get 0.0002% / 1h | 15m 54s | $292K | $5K | 10x | Short Phoenix |
Price gap+0.010%107s
Funding gap+0.0019% /8h
Both sides work: funding pays +$1 a day on $10k, and the gap is 0.041% above its 7d average: +$4 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$50+0.0019% /8h now · paid +0.502% over the last 7D
Price—spread +0.010%107s now · prices read too far apart to compare
Costs−$260.258% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
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+0.010%
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
/8hTSM on 31 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- OK: Fits both order books3.8 / 9.4 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$200 + $1,000MEXC 50x, Phoenix 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$0.57Long MEXC: 3 payments, $0.00; short Phoenix: 24 payments, +$0.57.
- Watch: Prices read 107 s apart+0.010% vs −0.032%Part of this gap may be the market moving.
- Watch: Short leg is thinner$292K vs $2.2M OIPhoenix sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCMEXC Yes · Phoenix NoKYC 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+0.0239%/8h × 21 periods+$50.16
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$14.83
Fee MEXC bp × 2 orders−$4.00
Fee Phoenix bp × 2 orders−$7.00
Net · 7 days · $10k+$24.34
price spread not counted: prices read too far apartCosts to cover0.258%Break-even3.6 days
Slippage: MEXC: live order book, 5 min ago; Phoenix: live order book, 65 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGMEXC0.123.8 bp−$46.0 bp−$60181.0 bp−$18.1Kdoesn’t fit
SELL · SHORTPhoenix2.639.4 bp−$918.9 bp−$189doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-15 15:00 | Vest Markets | Other | Trade $TSM post-earnings volatility with a Vest Capital funded account. Access up to $25k in trading capital at: @VestExchange on X ↗ |
| 10-15 15:00 | Vest Markets | Other | TSMC reported Q3 earnings results before the open today, with net income up 68.7% and revenue up 41.2% year over year. On the session, $TSM is down around 2.6%, with the Q4 revenue guide above Q3 weighed against a 65% to 67% gross margin range. → Revenue: $46.72B vs. ~$45.62B expected → EPS: $4.60 per ADR vs. ~$4.45 expected → Q4 revenue guide: $52.3B to $54.3B, from $46.72B in Q3 $TSM said 3nm led Q3 wafer revenue at 33%, with 2nm at 8% and advanced nodes at 79% of the total. @VestExchange on X ↗ |
| 10-15 08:33 | MEXC | Other | $TSM’s Q4 outlook: more revenue, same margin guidance. 👀 Enough for the AI bulls, or were you looking for more? 👇 Check out $TSM Stock Futures on #MEXC: @MEXC on X ↗ |
| 10-15 06:40 | Backpack | Other | TSMC reports Q3 earnings, with record net profit up 69% year over year. ▸ Revenue: $46.72B vs. $44.93B est. ▲ ▸ EPS (ADR): $4.60 vs. $4.48 est. ▲ $TSM -1.49% overnight @Backpack on X ↗ |
| 10-15 05:00 | MEXC | Other | AI demand is booming. Can $TSM’s margins and outlook back up the hype? 👀 Your first check today: margins or Q4 guidance? 👇 @MEXC on X ↗ |
| 10-14 16:12 | Phoenix | Other | ASML says its supply won't fully meet demand in 2027 and 2028. $ASML on Phoenix is flat over the last 24 hours, while $TSM, $NVDA, $MU and $AMAT are down 1.3–2.9%. @PhoenixTrade on X ↗ |
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