Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 894.88 | 0 | 0.0000% / 1h | 53m 09s | $1.1M | $4.0M | 10x | Long QFEX | |
| SHORT | 894.89 | +0.1406 | get 0.1406% / 8h | 53m 09s | $1.5M | $97K | 20x | Short MEXC |
Price gap+0.001%
Funding gap+0.1406% /8h
Funding pays +$42 a day on $10k, but the gap is 0.118% under its 7d average: −$12 if it goes back, about 7 hours of funding. At the last 7 days' pace that is about 30 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$65+0.1406% /8h now · paid +0.652% over the last 7D
Price−$12spread +0.001% now, avg +0.119% → −0.118% if it goes back
Costs−$600.598% 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 +0.652% in total, about +0.0310%/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+0.001%
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
/8hGS on 13 exchanges
lowest funding firstBefore you open
0 ok · 4 to watch- Watch: Thin at this size16.7 / 13.2 bpAt $10k entering QFEX costs 16.7 bp, fee and slippage, 1.3× 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: +$42.18Long QFEX: 24 payments, $0.00; short MEXC: 3 payments, +$42.18.
- Watch: Gap narrower than usual+0.001% vs +0.119%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Long leg is thinner$1.1M vs $1.5M 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+0.0310%/8h × 21 periods+$65.17
Price spread+0.001% → +0.119% (7d avg)−$11.75
Slippage, 4 orderslive order books−$39.81
Fee QFEX bp × 2 orders−$20.00
Fee MEXC bp × 2 orders$0.00
Net · 7 days · $10k−$6.40
Costs to cover0.598%Break-even7.7 days
Slippage: QFEX: live order book, 6 min ago; MEXC: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX2.0116.7 bp−$1718.3 bp−$183doesn’t fitdoesn’t fit
SELL · SHORTMEXC13.2213.2 bp−$1317.5 bp−$175doesn’t fitdoesn’t fit
Closing costs about the same again.
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