Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 112.05 | 0 | 0.0000% / 1h | 54m 02s | $1.2M | $816K | 10x | Long QFEX | |
| SHORT | 112.53 | +0.0538 | get 0.0538% / 8h | 54m 02s | $3.9M | $117K | 50x | Short MEXC |
Price gap+0.428%
Funding gap+0.0538% /8h
Both sides work: funding pays +$16 a day on $10k, and the gap is 0.343% above its 7d average: +$34 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$16+0.0538% /8h now · paid +0.156% over the last 7D
Price+$34spread +0.428% now, avg +0.086% → +0.343% if it goes back
Costs−$7667.658% of $10k · taker + slippage, in and out
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.156% in total, about +0.0074%/8h on average.
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+0.428%
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
1 ok · 3 to watch- Watch: Thin at this size232.0 / 118.0 bpAt $10k entering QFEX costs 232.0 bp, fee and slippage, 2.0× MEXC’s.
- Note: Margin at max leverage$1,000 + $200QFEX 10x, MEXC 50x. 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: +$16.14Long QFEX: 24 payments, $0.00; short MEXC: 3 payments, +$16.14.
- OK: Entry gap works for you+0.428% vs +0.086%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Long 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: 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+0.0074%/8h × 21 periods+$15.58
Price spread+0.428% → +0.086% (7d avg)+$34.27
Slippage, 4 orderslive order books−$745.75
Fee QFEX bp × 2 orders−$20.00
Fee MEXC bp × 2 orders$0.00
Net · 7 days · $10k−$715.90
Costs to cover7.658%Break-even328.6 days
Slippage: QFEX: live order book, 3 min ago; MEXC: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX203.07232.0 bp−$232232.4 bp−$2,324238.8 bp−$23.9Kdoesn’t fit
SELL · SHORTMEXC10.67118.0 bp−$118205.5 bp−$2,055253.3 bp−$25.3Kdoesn’t fit
Closing costs about the same again.
BloFin