Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 79.300 | 0 | 0.0000% / 1h | 2m 27s | $174K | — | 10x | Long QFEX10% back | |
| SHORT | 78.710 | −0.0094 | pay 0.0094% / 8h | 3h 02m | $202K | $102K | 20x | Short MEXC |
Price gap−0.744%
Funding gap−0.0094% /8h
Both sides work against this direction now: funding costs $3 a day on $10k and the gap is 0.066% 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−$16−0.0094% /8h now · paid −0.159% over the last 5 days (all we have)
Price−$7spread −0.744% now, avg −0.678% → −0.066% if it goes back
Costs−$3,15731.567% 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−0.744%
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
/8hCCJ on 4 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size1288.2 / 289.3 bpAt $10k entering QFEX costs 1288.2 bp, fee and slippage, 4.5× 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: −$2.82Long QFEX: 24 payments, $0.00; short MEXC: 3 payments, −$2.82.
- Watch: Gap narrower than usual−0.744% vs −0.678%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$174K vs $202K OIQFEX 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 earned−0.0100%/8h × 21 periods−$20.92
Price spread−0.744% → −0.678% (7d avg)−$6.57
Slippage, 4 orderslive order books−$3,132.72
Fee QFEX bp × 2 orders−$20.00
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k−$3,184.22
Costs to cover31.567%Break-evennever at this rate
Slippage: QFEX: live order book, 60 min ago; MEXC: live order book, 12 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX1100.881288.2 bp−$1,288doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTMEXC15.25289.3 bp−$289425.0 bp−$4,250doesn’t fitdoesn’t fit
Closing costs about the same again.