FLEX

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	QFEXFLEX-USD	119.01	+0.0034	pay 0.0004% / 1h	15m 15s	$1.1M	$6.5M	10x	Long QFEX10% off
SHORT	MEXCFLEXSTOCK_USDT	118.98	−0.0133	pay 0.0133% / 8h	4h 15m	$621K	$127K	20x	Short MEXC

Price gap−0.025%

Funding gap−0.0167% /8h

The gap pays +$9 on $10k if it goes back to its 7d average, but funding costs $5 a day and eats that in about 44 hours. At the last 7 days' pace that is about 51 days.

If you open now and hold

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

Funding−$1−0.0167% /8h now · paid −0.013% over the last 7D

Price+$9spread −0.025% now, avg −0.118% → +0.093% if it goes back

Costsdoesn’t fit$10k a leg is deeper than the books hold

Result, before costs+$8+0.08%no pointscosts unknown: book too thin at $10k · What 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−0.025%

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

FLEX on 8 exchanges

lowest funding first

Before you open

1 ok · 4 to watch

Watch: Thin at this size32.7 / 59.2 bp
At $10k entering MEXC costs 59.2 bp, fee and slippage, 1.8× QFEX’s.
Note: Margin at max leverage$1,000 + $500
QFEX 10x, MEXC 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 8h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$5.02Long QFEX: 24 payments, −$1.03; short MEXC: 3 payments, −$3.99.
OK: Entry gap works for you−0.025% vs −0.118%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$621K 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: KYCQFEX No · MEXC Yes
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−0.0006%/8h × 21 periods−$1.26

Price spread−0.025% → −0.118% (7d avg)+$9.26

Slippage, 4 ordersdoesn’t fit the book at $10k—

Fee QFEX bp × 2 orders−$20.00

Fee MEXC bp × 2 orders−$8.00

Net · 7 days · $10k—

doesn’t fit the books at $10k

Costs to cover—Break-even—

Slippage: QFEX: live order book, 7 min ago; MEXC: live order book, 23 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGQFEX15.9432.7 bp−$33doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTMEXC36.5259.2 bp−$59196.6 bp−$1,966253.8 bp−$25.4Kdoesn’t fit

Closing costs about the same again.