Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 6.1460 | +0.0583 | pay 0.0583% / 8h | 1h 13m | $245K | $104K | 20x | Long MEXC | |
| SHORT | 6.1568 | +0.0092 | get 0.0092% / 8h | 1h 13m | $520K | $959K | 20x | Short 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 forecastFunding+$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 · 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+0.175%
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
/8hWEN on 11 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size27.5 / 35.5 bpAt $10k entering Binance costs 35.5 bp, fee and slippage, 1.3× MEXC’s.
- Note: Margin at max leverage$500 + $500MEXC 20x, Binance 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: −$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 OIMEXC sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCMEXC Yes · Binance 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+0.0062%/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 agoCost to enter
taker + slippage from mid, one sideBUY · LONGMEXC17.1727.5 bp−$2839.3 bp−$393233.9 bp−$23.4Kdoesn’t fit
SELL · SHORTBinance7.3635.5 bp−$3598.6 bp−$986doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-27 00:18 | Ondo Perps | Listing | new market WEN-USD.P ($WEN) seen by our collector |

