Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 301.68 | +0.0200 | pay 0.0200% / 8h | 53m 38s | $145K | $89K | 20x | Long MEXC | |
| SHORT | 301.89 | 0 | 0.0000% / 1h | 53m 38s | $1.1M | $858K | 10x | Short QFEX |
Price gap+0.070%
Funding gap−0.0200% /8h
Both sides work against this direction now: funding costs $6 a day on $10k and the gap is 0.278% 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−$14−0.0200% /8h now · paid −0.137% over the last 7D
Price−$28spread +0.070% now, avg +0.347% → −0.278% if it goes back
Costs−$4754.748% of $10k · taker + slippage, in and out
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.137% in total, about −0.0065%/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+0.070%
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
/8hJBL on 2 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size50.3 / 186.8 bpAt $10k entering QFEX costs 186.8 bp, fee and slippage, 3.7× MEXC’s.
- Note: Margin at max leverage$500 + $1,000MEXC 20x, QFEX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$6.00Long MEXC: 3 payments, −$6.00; short QFEX: 24 payments, $0.00.
- Watch: Gap narrower than usual+0.070% vs +0.347%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$145K vs $1.1M OIMEXC sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCMEXC Yes · QFEX NoKYC 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−0.0065%/8h × 21 periods−$13.66
Price spread+0.070% → +0.347% (7d avg)−$27.78
Slippage, 4 orderslive order books−$454.80
Fee MEXC bp × 2 orders$0.00
Fee QFEX bp × 2 orders−$20.00
Net · 7 days · $10k−$516.23
Costs to cover4.748%Break-evennever at this rate
Slippage: MEXC: live order book, 20 min ago; QFEX: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGMEXC40.4650.3 bp−$50187.3 bp−$1,873255.5 bp−$25.6Kdoesn’t fit
SELL · SHORTQFEX152.21186.8 bp−$187190.4 bp−$1,904doesn’t fitdoesn’t fit
Closing costs about the same again.
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