Funding arb · Price arb /

CC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0595%/8h= +65.1% APRpaid last 24h 0.000%

Price spread now: Paradex against MEXC+0.099%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Paradex is 0.099% dearer against MEXC than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC CC_USDT	0.1192	−0.0506	get 0.0253% / 4h	3h 03m	$1.7M	$316K	100x
Short	Paradex CC-USD-PERP	0.1193	0.0089	get 0.0089% / 8h	7h 03m	$1K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee ParadexbpOrdersPrice spread, now +0.099%Rate

Funding earned: $124.88
Price spread: +0.099% → 0.000%: $9.87
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee Paradex: 2 bp × 2 orders: −$4
Net: $126.75
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: MEXC: live order book, 2 min ago; Paradex: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 2 min ago	0.42 bp	7.3 bp −$7	45.5 bp −$455	234.4 bp −$23.4K	802.7 bp −$401.4K
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CC on 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective CC/USDC PERP	−0.4522%	1h	0.1184	−0.688%	$6K	$100	5.5x	as long as short
Bybit CCUSDT	−0.0538%	4h	0.1194	+0.176%	$10.8M	$3.8M	25x	as long as short
MEXC CC_USDTlong	−0.0506%	4h	0.1192	long leg	$1.7M	$316K	100x
Paradex CC-USD-PERPshort	+0.0089%	8h	0.1193	+0.099%	$1K	—	5x
Aster CCUSDT	+0.0100%	4h	0.1194	+0.178%	$35K	$39K	20x	as long as short
Binance CCUSDT	+0.0100%	4h	0.1193	+0.034%	$11.3M	$11.5M	75x	as long as short
OKX CC-USDT-SWAP	+0.0100%	4h	0.1194	+0.117%	$2.6M	$3.5M	20x	as long as short
Gate CC_USDT	+0.0100%	4h	0.1192	−0.042%	$368K	$213K	50x	as long as short
KuCoin CCUSDTM	+0.0100%	4h	0.1194	+0.168%	$501K	$119K	50x	as long as short
Bitget CCUSDT	+0.0100%	4h	0.1192	+0.025%	$954K	$793K	20x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX CC-USDT	+0.0100%	4h	0.1193	+0.059%	—	$6.6M	—	as long as short
Backpack CC_USDC_PERP	+0.0100%	1h	0.1194	+0.134%	$16K	$22K	10x	as long as short
Variational Omni CC	+0.0100%	4h	0.1194	+0.149%	$608K	$55K	—	as long as short
GRVT CC_USDT_Perp	+0.0100%	4h	0.1195	+0.229%	$90K	$2.3M	10x	as long as short
Derive CC-PERP	+0.0100%	1h	0.1192	−0.003%	$6K	$36K	6.7x	as long as short
Hyperliquid CC	+0.0163%	1h	0.1196	+0.285%	$5.6M	$1.4M	3x	as long as short
BloFin CC-USDT	+0.0340%	4h	0.1195	+0.218%	$599K	$103K	75x	as long as short
GMX CC/USD [WBTC.b-USDC]	L +0.0452% / S −0.0241%	1h	0.1194	+0.143%	$45K	—	50x	as long as short
Lighter CC	+0.0752%	1h	0.1198	+0.528%	$237K	$154K	5x	as long as short