Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 56.160 | +0.0001 | 0.0000% / 1h | 7m 10s | $1.1M | $1.5M | 10x | Long QFEX10% back | |
| SHORT | 56.260 | 0 | 0.0000% / 8h | 1h 07m | $561K | $111K | 50x | Short MEXC |
Price gap+0.178%
Funding gap−0.0001% /8h
Funding is ≈ 0, so this is a price-spread trade: +$4 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$21−0.0001% /8h now · paid +0.213% over the last 7D
Price+$4spread +0.178% now, avg +0.138% → +0.041% if it goes back
Costs−$510.510% 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+0.178%
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
/8hHPE on 13 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size19.8 / 8.8 bpAt $10k entering QFEX costs 19.8 bp, fee and slippage, 2.2× MEXC’s.
- Note: Margin at max leverage$1,000 + $200QFEX 10x, MEXC 50x. 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: −$0.02Long QFEX: 24 payments, −$0.02; short MEXC: 3 payments, $0.00.
- OK: Entry gap works for you+0.178% vs +0.138%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$561K 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+0.0102%/8h × 21 periods+$21.34
Price spread+0.178% → +0.138% (7d avg)+$4.05
Slippage, 4 orderslive order books−$27.04
Fee QFEX bp × 2 orders−$20.00
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k−$25.64
Costs to cover0.510%Break-even15.4 days
Slippage: QFEX: live order book, 9 min ago; MEXC: live order book, 42 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX2.6719.8 bp−$2024.5 bp−$245doesn’t fitdoesn’t fit
SELL · SHORTMEXC2.698.8 bp−$930.5 bp−$305193.5 bp−$19.3K286.7 bp−$143.4K
Closing costs about the same again.
| 09-29 15:29 | QFEX | Other | $HPE - Hewlett Packard Enterprise Company is now trading 24/7 @QFEX on X ↗ |
| 09-29 11:02 | QFEX | Listing | new market HPE-USD ($HPE) seen by our collector |