TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG6.1460+0.0583pay 0.0583% / 8h1h 13m$245K$104K20xLong MEXC
SHORT6.1568+0.0092get 0.0092% / 8h1h 13m$520K$959K20xShort Binance
Price gap+0.175%
Funding gap−0.0491% /8h

The gap pays +$18 on $10k if it goes back to its 7d average, but funding costs $15 a day and eats that in about 29 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$13−0.0491% /8h now · paid +0.130% over the last 7D
Price+$18spread +0.175% now, avg 0.000% → +0.176% if it goes back
Costs−$1251.253% of $10k · taker + slippage, in and out

The current funding rate is far below 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 · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.175%
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

/8h

WEN on 11 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Watch: Thin at this size27.5 / 35.5 bp
    At $10k entering Binance costs 35.5 bp, fee and slippage, 1.3× MEXC’s.
  • Note: Margin at max leverage$500 + $500
    MEXC 20x, Binance 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval8h / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$14.74Long MEXC: 3 payments, −$17.49; short Binance: 3 payments, +$2.75.
  • OK: Entry gap works for you+0.175% vs 0.000%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$245K vs $520K OI
    MEXC sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCMEXC Yes · Binance Yes
    KYC before trading since Feb 2026; unverified accounts see market data only.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0062%/8h × 21 periods+$12.99
Price spread+0.175% → 0.000% (7d avg)+$17.56
Slippage, 4 orderslive order books−$113.32
Fee MEXC bp × 2 orders−$4.00
Fee Binance bp × 2 orders−$8.00
Net · 7 days · $10k−$94.78
Costs to cover1.253%Break-even58.1 days
Slippage: MEXC: live order book, 30 min ago; Binance: live order book, 13 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGMEXC17.1727.5 bp−$2839.3 bp−$393233.9 bp−$23.4Kdoesn’t fit
SELL · SHORTBinance7.3635.5 bp−$3598.6 bp−$986doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

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10-27 00:18Ondo PerpsListingnew market WEN-USD.P ($WEN) seen by our collector