Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 200.05 | +0.1043 | pay 0.1043% / 8h | 1h 57m | $3.2M | $100K | 20x | Long MEXC | |
| SHORT | 198.04 | 0 | 0.0000% / 8h | 1h 57m | $122K | $17K | 20x | Short Gate |
Price gap−1.005%
Funding gap−0.1043% /8h
Both sides work against this direction now: funding costs $31 a day on $10k and the gap is 0.698% 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−$23−0.1043% /8h now · paid −0.234% over the last 7D
Price−$70spread −1.005% now, avg −0.307% → −0.698% if it goes back
Costs−$7357.355% of $10k · taker + slippage, in and out
Result−$829−8.29%no points
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.234% in total, about −0.0112%/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−1.005%
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
/8hTWLO on 8 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size54.4 / 304.6 bpAt $10k entering Gate costs 304.6 bp, fee and slippage, 5.6× MEXC’s.
- Note: Margin at max leverage$500 + $500MEXC 20x, Gate 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: −$31.29Long MEXC: 3 payments, −$31.29; short Gate: 3 payments, $0.00.
- Watch: Gap narrower than usual−1.005% vs −0.307%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$122K vs $3.2M OIGate sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCMEXC Yes · Gate 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−0.0112%/8h × 21 periods−$23.44
Price spread−1.005% → −0.307% (7d avg)−$69.82
Slippage, 4 orderslive order books−$716.48
Fee MEXC bp × 2 orders−$4.00
Fee Gate bp × 2 orders−$15.00
Net · 7 days · $10k−$828.73
Costs to cover7.355%Break-evennever at this rate
Slippage: MEXC: live order book, 2 min ago; Gate: live order book, 51 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGMEXC43.4354.4 bp−$5496.6 bp−$966203.3 bp−$20.3Kdoesn’t fit
SELL · SHORTGate25.80304.6 bp−$305doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.