Funding you earn now, next payment 07:00 UTC−0.0200%/8h= −21.9% APRpaid last 24h −0.049%
Price spread now: QFEX against MEXC+0.065%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. QFEX is 0.065% dearer against MEXC than usual: you sell high and buy low (spread +0.065% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 26 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC IGV_USDT | 107.28 | 0.0200 | pay 0.0200% / 8h | 1h 44m | $82K | $84K | 20x |
| Short | QFEX IGV-USD | 107.35 | 0 | get 0.0000% / 1h | 44m 30s | $1.1M | $2.2M | 30x |
MEXC IGV_USDT
QFEX IGV-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against MEXC. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$42
- Price spread: +0.065% → 0.000%
- $6.52
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$45.48
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: MEXC: no order-book sample; QFEX: live order book, 3 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC no order-book sample | — | — | — | — | — |
| Sell QFEX live order book, 3 min ago | 226.36 bp | 244.8 bp −$245 | 246.5 bp −$2,465 | doesn't fit | doesn't fit |
MEXC: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
IGV on 3 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX IGV-USDshort | 0.0000% | 1h | 107.35 | +0.065% | $1.1M | $2.2M | 30x | |
| Paragon para:IGV | +0.0060% | 1h | 107.25 | −0.028% | $13K | $2K | 10x | as long as short |
| MEXC IGV_USDTlong | +0.0200% | 8h | 107.28 | long leg | $82K | $84K | 20x |
Paragon para:IGV