Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 728.10 | 0 | 0.0000% / 1h | 50m 20s | $1.1M | $145K | 10x | Long QFEX | |
| SHORT | 728.39 | −0.0255 | pay 0.0255% / 8h | 5h 50m | $65K | $53K | 20x | Short MEXC |
Price gap+0.040%
Funding gap−0.0255% /8h
The gap pays +$4 on $10k if it goes back to zero (no 7-day history yet), but funding costs $8 a day and eats that in about 12 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding—−0.0255% /8h now · no funding history yet
Price—spread +0.040% now · no price history on both exchanges yet
Costsno datano order book for MEXC
Result, before costs—no pointsneeds funding history
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
MEXC price against QFEXnow
RANGE STATS · 7D
Now+0.040%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hBWET on 4 exchanges
lowest funding firstBefore you open
0 ok · 3 to watch- Note: Order book unknown—No order-book sample for MEXC: its slippage is not counted.
- 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: −$7.65Long QFEX: 24 payments, $0.00; short MEXC: 3 payments, −$7.65.
- Note: No 7-day spread history+0.040%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$65K vs $1.1M OIMEXC sets your exit cost. Check its book before closing.
- 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 earnedno history yet: current rate−$53.55
Price spread+0.040% → 0+$3.98
Slippage, 4 ordersno data for MEXC—
Fee QFEX bp × 2 orders−$10.00
Fee MEXC bp × 2 orders−$4.00
Net, fees only · 7 days · $10k−$63.57
Costs to cover0.140%Break-evennever at this rate
Slippage: QFEX: live order book, 4 min ago; MEXC: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX2.1358.2 bp−$5866.8 bp−$668doesn’t fitdoesn’t fit
SELL · SHORTMEXC—————
Closing costs about the same again.
MEXC: no data.
| 09-29 14:11 | MEXC | Listing | new market BWET_USDT ($BWET) seen by our collector |
| 09-29 12:00 | Gate | Listing | new market BWET_USDT ($BWET) seen by our collector |
| 09-29 10:05 | Binance | Listing | new market BWETUSDT ($BWET) seen by our collector |
| 09-22 15:05 | QFEX | Other | $BWET - Breakwave Tanker Shipping ETF is now trading 24/7 on QFEX @QFEX on X ↗ |
| 09-22 11:12 | QFEX | Listing | new market BWET-USD ($BWET) seen by our collector |
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