Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 984.67 | 0 | 0.0000% / 4h | 3h 02m | $19.0M | $879K | 100x | Long MEXC | |
| SHORT | 980.10 | +0.0229 | get 0.0686% / 24h | 9h 02m | $186K | $1.6M | 4.5x | Short Kalshi |
Price gap−0.464%
Funding gap+0.0229% /8h
Funding pays +$7 a day on $10k, but the gap is 0.382% under its 7d average: −$38 if it goes back, about 5.6 days of funding. At the last 7 days' pace that is about 34 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$8+0.0229% /8h now · paid +0.079% over the last 7D
Price−$38spread −0.464% now, avg −0.082% → −0.382% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs−$30−0.30%no pointscosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.079% in total, about +0.0038%/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−0.464%
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
/8hXPD on 19 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than Kalshi’s order book right now.
- Note: Margin at max leverage$100 + $2,181MEXC 100x, Kalshi 4.5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 24hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$6.86Long MEXC: 6 payments, $0.00; short Kalshi: 1 payment, +$6.86.
- Watch: Gap narrower than usual−0.464% vs −0.082%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$186K vs $19.0M OIKalshi sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCMEXC Yes · Kalshi 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+$7.92
Price spread−0.464% → −0.082% (7d avg)−$38.19
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee MEXC bp × 2 orders$0.00
Fee Kalshi bp × 2 orders−$0.48
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: MEXC: live order book, 5 min ago; Kalshi: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGMEXC5.2331.4 bp−$3151.9 bp−$519150.7 bp−$15.1K361.5 bp−$180.8K
SELL · SHORTKalshi570.42doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.