Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 112.53 | +0.0122 | pay 0.0122% / 8h | 1h 40m | $3.9M | $118K | 50x | Long MEXC | |
| SHORT | 112.05 | 0 | 0.0000% / 1h | 40m 49s | $1.2M | $805K | 10x | Short QFEX |
Price gap−0.427%
Funding gap−0.0122% /8h
Both sides work against this direction now: funding costs $4 a day on $10k and the gap is 0.341% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$16−0.0122% /8h now · paid −0.156% over the last 7D
Price−$34spread −0.427% now, avg −0.086% → −0.341% if it goes back
Costs−$6096.090% 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−0.427%
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
/8hBX on 18 exchanges
lowest funding firstBefore you open
0 ok · 4 to watch- Watch: Thin at this size60.8 / 246.2 bpAt $10k entering QFEX costs 246.2 bp, fee and slippage, 4.1× MEXC’s.
- Note: Margin at max leverage$200 + $1,000MEXC 50x, QFEX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$3.66Long MEXC: 3 payments, −$3.66; short QFEX: 24 payments, $0.00.
- Watch: Gap narrower than usual−0.427% vs −0.086%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Short leg is thinner$1.2M vs $3.9M OIBoth legs are deep; QFEX is the smaller one.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCMEXC Yes · QFEX NoKYC 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−0.0074%/8h × 21 periods−$15.58
Price spread−0.427% → −0.086% (7d avg)−$34.09
Slippage, 4 orderslive order books−$589.04
Fee MEXC bp × 2 orders$0.00
Fee QFEX bp × 2 orders−$20.00
Net · 7 days · $10k−$658.71
Costs to cover6.090%Break-evennever at this rate
Slippage: MEXC: live order book, 7 min ago; QFEX: live order book, 10 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGMEXC10.6660.8 bp−$61134.4 bp−$1,344170.2 bp−$17.0Kdoesn’t fit
SELL · SHORTQFEX153.96246.2 bp−$246292.0 bp−$2,920302.4 bp−$30.2Kdoesn’t fit
Closing costs about the same again.
BloFin