Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 144.48 | +0.0032 | pay 0.0004% / 1h | 7m 35s | $505K | $1.9M | 10x | Long Lighter RH+10% pts | |
| SHORT | 144.14 | 0 | 0.0000% / 8h | 7m 35s | $332K | $179K | 20x | Short MEXC |
Price gap−0.235%
Funding gap−0.0032% /8h
Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.117% 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−$8−0.0032% /8h now · paid −0.081% over the last 7D
Price−$12spread −0.235% now, avg −0.119% → −0.117% if it goes back
Costs−$950.954% 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−0.235%
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
/8hUSO on 6 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size5.3 / 35.4 bpAt $10k entering MEXC costs 35.4 bp, fee and slippage, 6.6× Lighter RH’s.
- Note: Margin at max leverage$1,000 + $500Lighter RH 10x, MEXC 20x. 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: −$0.96Long Lighter RH: 24 payments, −$0.96; short MEXC: 3 payments, $0.00.
- Watch: Gap narrower than usual−0.235% vs −0.119%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$332K vs $505K OIMEXC sets your exit cost. Check its book before closing.
- OK: Points on a legLighter RH Points liveVolume here counts toward the points program.
- Watch: KYCLighter RH 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−0.0038%/8h × 21 periods−$8.07
Price spread−0.235% → −0.119% (7d avg)−$11.68
Slippage, 4 orderslive order books−$87.38
Fee Lighter RH bp × 2 orders$0.00
Fee MEXC bp × 2 orders−$8.00
Net · 7 days · $10k−$115.13
Costs to cover0.954%Break-evennever at this rate
Slippage: Lighter RH: live order book, 1 min ago; MEXC: live order book, 28 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGLighter RH3.115.3 bp−$527.4 bp−$274doesn’t fitdoesn’t fit
SELL · SHORTMEXC16.0335.4 bp−$35240.7 bp−$2,407322.5 bp−$32.3Kdoesn’t fit
Closing costs about the same again.
USO news
posts that mention USO or United States Oil Fund, from every exchange| 09-22 14:39 | Arcus | Other | hormuz headlines → crude moved before the open → USO was our most traded commodity perp in 24h 9:30 wasn't invited @arcus_xyz on X ↗ |

