Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 301.55 | +0.0004 | pay 0.0001% / 1h | 40m 41s | $1.1M | $839K | 10x | Long QFEX | |
| SHORT | 301.13 | +0.0200 | get 0.0200% / 8h | 1h 40m | $145K | $90K | 20x | Short MEXC |
Price gap−0.139%
Funding gap+0.0196% /8h
Both sides work: funding pays +$6 a day on $10k, and the gap is 0.207% above its 7d average: +$21 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$14+0.0196% /8h now · paid +0.137% over the last 7D
Price+$21spread −0.139% now, avg −0.346% → +0.207% if it goes back
Costs−$6746.741% 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 +0.137% 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−0.139%
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
1 ok · 4 to watch- Watch: Thin at this size297.7 / 40.2 bpAt $10k entering QFEX costs 297.7 bp, fee and slippage, 7.4× 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: +$5.88Long QFEX: 24 payments, −$0.12; short MEXC: 3 payments, +$6.00.
- OK: Entry gap works for you−0.139% vs −0.346%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short 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: 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+0.0065%/8h × 21 periods+$13.66
Price spread−0.139% → −0.346% (7d avg)+$20.69
Slippage, 4 orderslive order books−$654.13
Fee QFEX bp × 2 orders−$20.00
Fee MEXC bp × 2 orders$0.00
Net · 7 days · $10k−$639.78
Costs to cover6.741%Break-even334.8 days
Slippage: QFEX: live order book, 9 min ago; MEXC: live order book, 47 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX252.19297.7 bp−$298302.9 bp−$3,029doesn’t fitdoesn’t fit
SELL · SHORTMEXC29.3240.2 bp−$40175.0 bp−$1,750235.2 bp−$23.5Kdoesn’t fit
Closing costs about the same again.
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