Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 6.2048 | +0.0173 | pay 0.0173% / 8h | 2h 16m | $520K | $953K | 20x | Long Binance | |
| SHORT | 6.2060 | +0.0750 | get 0.0750% / 8h | 2h 16m | $247K | $104K | 20x | Short MEXC |
Price gap+0.020%
Funding gap+0.0577% /8h
Funding trade: +$17 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$13+0.0577% /8h now · paid −0.130% over the last 7D
Price+$2spread +0.020% now, avg 0.000% → +0.020% if it goes back
Costs−$1431.433% of $10k · taker + slippage, in and out
The current funding rate is far above what this pair has been paying: over the last 7 days it paid −0.130% in total, about −0.0062%/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+0.020%
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
/8hWEN on 11 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size49.6 / 16.6 bpAt $10k entering Binance costs 49.6 bp, fee and slippage, 3.0× MEXC’s.
- Note: Margin at max leverage$500 + $500Binance 20x, MEXC 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: +$17.31Long Binance: 3 payments, −$5.19; short MEXC: 3 payments, +$22.50.
- Note: Gap at its usual level+0.020% vs 0.000%The price leg adds little either way.
- Watch: Short leg is thinner$247K vs $520K OIMEXC sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBinance Yes · MEXC YesVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0062%/8h × 21 periods−$12.99
Price spread+0.020% → 0.000% (7d avg)+$1.98
Slippage, 4 orderslive order books−$131.33
Fee Binance bp × 2 orders−$8.00
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k−$154.34
Costs to cover1.433%Break-evennever at this rate
Slippage: Binance: live order book, 24 min ago; MEXC: live order book, 35 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance2.4149.6 bp−$50232.3 bp−$2,323doesn’t fitdoesn’t fit
SELL · SHORTMEXC12.8616.6 bp−$1726.3 bp−$263219.0 bp−$21.9Kdoesn’t fit
Closing costs about the same again.
| 10-27 00:18 | Ondo Perps | Listing | new market WEN-USD.P ($WEN) seen by our collector |
Ondo Perps