Funding you earn now, next payment 06:00 UTC+0.0200%/8h= +21.9% APRpaid last 24h +0.049%
Price spread now: MEXC against QFEX−0.047%7-day average — · you buy dearer than you sell
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
Funding pays, the price is against you. MEXC is 0.047% cheaper against QFEX than usual: you would sell low and buy high (spread −0.047% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 19 hours of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX IGV-USD | 107.12 | 0 | get 0.0000% / 1h | 30m 25s | $1.1M | $2.2M | 30x |
| Short | MEXC IGV_USDT | 107.07 | 0.0200 | get 0.0200% / 8h | 2h 30m | $82K | $84K | 20x |
QFEX IGV-USD
MEXC IGV_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against QFEX. 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: −0.047% → 0.000%
- −$4.67
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $27.33
- Costs to cover
- 0.100%
- Break-even
- 2.4 days
Slippage unknown: QFEX: live order book, 7 min ago; MEXC: no order-book sample. 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 QFEX live order book, 7 min ago | 76.54 bp | 92.3 bp −$92 | 95.0 bp −$950 | doesn't fit | doesn't fit |
| Sell MEXC no order-book sample | — | — | — | — | — |
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-USDlong | 0.0000% | 1h | 107.12 | long leg | $1.1M | $2.2M | 30x | |
| Paragon para:IGV | +0.0060% | 1h | 107.18 | +0.059% | $13K | $2K | 10x | as long as short |
| MEXC IGV_USDTshort | +0.0200% | 8h | 107.07 | −0.047% | $82K | $84K | 20x |
Paragon para:IGV