Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 66.177 | +0.0877 | pay 0.0110% / 1h | 51m 47s | $9.5M | $3.8M | 10x | Long tradeXYZ | |
| SHORT | 66.260 | +0.0908 | get 0.0454% / 4h | 1h 51m | $915K | $2.4M | 20x | Short MEXC |
Price gap+0.125%
Funding gap+0.0031% /8h
Funding trade: +$1 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−$20+0.0031% /8h now · paid −0.197% over the last 7D
Price+$1spread +0.125% now, avg +0.111% → +0.014% if it goes back
Costs−$190.189% of $10k · taker + slippage, in and out
Result−$37−0.37%+ Points / potential airdroptradeXYZ: points · farm boardWhat the last 7D really paid, hour by hour → backtest
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+0.125%
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
/8hZHIPU on 21 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- OK: Fits both order books4.7 / 4.6 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + $500tradeXYZ 10x, MEXC 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$0.92Long tradeXYZ: 24 payments, −$26.32; short MEXC: 6 payments, +$27.24.
- Note: Gap at its usual level+0.125% vs +0.111%The price leg adds little either way.
- Watch: Short leg is thinner$915K vs $9.5M OIMEXC sets your exit cost. Check its book before closing.
- OK: Points on a legtradeXYZ pointsVolume here counts toward the points program.
- Watch: KYCtradeXYZ 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−0.0094%/8h × 21 periods−$19.74
Price spread+0.125% → +0.111% (7d avg)+$1.43
Slippage, 4 orderslive order books−$13.12
Fee tradeXYZ bp × 2 orders−$1.80
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k−$37.23
Costs to cover0.189%Break-evennever at this rate
Slippage: tradeXYZ: live order book, 6 min ago; MEXC: live order book, 9 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGtradeXYZ1.894.7 bp−$525.2 bp−$252doesn’t fitdoesn’t fit
SELL · SHORTMEXC0.754.6 bp−$57.9 bp−$7941.2 bp−$4,115246.8 bp−$123.4K
Closing costs about the same again.
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