Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 104.94 | 0 | 0.0000% / 1h | 40m 33s | $1.1M | $355K | 10x | Long QFEX | |
| SHORT | 105.17 | −0.0406 | pay 0.0406% / 8h | 1h 40m | $1.1M | $250K | 20x | Short MEXC |
Price gap+0.219%
Funding gap−0.0406% /8h
Funding costs $12 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$156−0.0406% /8h now · paid +1.555% over the last 7D
Price+$1spread +0.219% now, avg +0.211% → +0.008% if it goes back
Costs−$1141.138% of $10k · taker + slippage, in and out
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+0.219%
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
/8hAEHR on 7 exchanges
lowest funding firstBefore you open
0 ok · 3 to watch- Watch: Thin at this size45.8 / 21.2 bpAt $10k entering QFEX costs 45.8 bp, fee and slippage, 2.2× MEXC’s.
- Note: Margin at max leverage$1,000 + $500QFEX 10x, MEXC 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$12.18Long QFEX: 24 payments, $0.00; short MEXC: 3 payments, −$12.18.
- Note: Gap at its usual level+0.219% vs +0.211%The price leg adds little either way.
- Note: Short leg is thinner$1.1M vs $1.1M OIBoth legs are deep; MEXC is the smaller one.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCQFEX 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+0.0741%/8h × 21 periods+$155.52
Price spread+0.219% → +0.211% (7d avg)+$0.79
Slippage, 4 orderslive order books−$93.82
Fee QFEX bp × 2 orders−$20.00
Fee MEXC bp × 2 orders$0.00
Net · 7 days · $10k+$42.49
Costs to cover1.138%Break-even5.1 days
Slippage: QFEX: live order book, 10 min ago; MEXC: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX2.3845.8 bp−$4646.9 bp−$46953.7 bp−$5,370doesn’t fit
SELL · SHORTMEXC1.9021.2 bp−$2143.7 bp−$437193.4 bp−$19.3Kdoesn’t fit
Closing costs about the same again.
