Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 21.680 | 0 | 0.0000% / 1h | 11m 51s | $1.1M | $104K | 10x | Long QFEX10% off | |
| SHORT | 21.600 | −0.0147 | pay 0.0147% / 8h | 4h 11m | $202K | $100K | 20x | Short MEXC |
Price gap−0.369%48s
Funding gap−0.0147% /8h
Both sides work against this direction now: funding costs $4 a day on $10k and the gap is 0.075% 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−$16−0.0147% /8h now · paid −0.163% over the last 7D
Price—spread −0.369%48s now · prices read too far apart to compare
Costs−$4274.271% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
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−0.369%
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
/8hGLXY on 4 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size103.5 / 111.6 bpAt $10k entering MEXC costs 111.6 bp, fee and slippage, 1.1× QFEX’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: −$4.41Long QFEX: 24 payments, $0.00; short MEXC: 3 payments, −$4.41.
- Watch: Prices read 48 s apart−0.369% vs −0.294%Part of this gap may be the market moving.
- Watch: Short leg is thinner$202K vs $1.1M OIMEXC 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−0.0078%/8h × 21 periods−$16.31
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$399.08
Fee QFEX bp × 2 orders−$20.00
Fee MEXC bp × 2 orders−$8.00
Net · 7 days · $10k−$443.39
price spread not counted: prices read too far apartCosts to cover4.271%Break-evennever at this rate
Slippage: QFEX: live order book, 6 min ago; MEXC: live order book, 24 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX2.31103.5 bp−$104108.4 bp−$1,084doesn’t fitdoesn’t fit
SELL · SHORTMEXC83.72111.6 bp−$112248.0 bp−$2,480319.5 bp−$31.9Kdoesn’t fit
Closing costs about the same again.
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