EBAY

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	MEXCEBAYSTOCK_USDT	120.54	0	0.0000% / 8h	2m 26s	$611K	$106K	50x	Long MEXC
SHORT	QFEXEBAY-USD	120.42	−0.0001	0.0000% / 1h	2m 26s	$1.1M	$923K	10x	Short QFEX10% back

Price gap−0.100%

Funding gap−0.0001% /8h

Funding is ≈ 0 and the gap is 0.080% under its 7d average: the price leg works against you, −$8 on $10k if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$10−0.0001% /8h now · paid +0.099% over the last 7D

Price−$8spread −0.100% now, avg −0.020% → −0.080% if it goes back

Costs−$650.648% of $10k · taker + slippage, in and out

Result−$63−0.63%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / 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−0.100%

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

/8h

EBAY on 11 exchanges

lowest funding first

Before you open

0 ok · 5 to watch

Watch: Thin at this size21.8 / 17.8 bp
At $10k entering MEXC costs 21.8 bp, fee and slippage, 1.2× QFEX’s.
Note: Margin at max leverage$200 + $1,000
MEXC 50x, QFEX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ8h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$0.03Long MEXC: 3 payments, $0.00; short QFEX: 24 payments, −$0.03.
Watch: Gap narrower than usual−0.100% vs −0.020%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$611K vs $1.1M OI
MEXC sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCMEXC Yes · QFEX No
KYC before trading since Feb 2026; unverified accounts see market data only.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0047%/8h × 21 periods+$9.87

Price spread−0.100% → −0.020% (7d avg)−$7.96

Slippage, 4 orderslive order books−$40.84

Fee MEXC bp × 2 orders−$4.00

Fee QFEX bp × 2 orders−$20.00

Net · 7 days · $10k−$62.93

Costs to cover0.648%Break-even51.6 days

Slippage: MEXC: live order book, 42 min ago; QFEX: live order book, 1 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGMEXC9.4921.8 bp−$22182.5 bp−$1,825232.4 bp−$23.2K295.0 bp−$147.5K

SELL · SHORTQFEX2.9117.8 bp−$1818.5 bp−$185doesn’t fitdoesn’t fit

Closing costs about the same again.