Settings8H · net · $10k
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FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
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Funding arb · Price arb / RWA

LULU

RWAAll LULU markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
MEXCLULUSTOCK_USDT
93.190+0.0073pay 0.0073% / 8h3h 09m$232K$137K20xLong MEXC
SHORT
QFEXLULU-USD
93.280+0.0007get 0.0001% / 1h9m 25s$1.1M$1.6M10xShort QFEX10% off
Price gap+0.097%
Funding gap−0.0066% /8h

Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.166% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$7−0.0066% /8h now · paid +0.067% over the last 7D
Price−$17spread +0.097% now, avg +0.262% → −0.166% if it goes back
Costs−$850.853% of $10k · taker + slippage, in and out
Result−$95−0.95%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.097%
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

/8h

LULU on 4 exchanges

lowest funding first

Before you open

0 ok · 5 to watch
  • Watch: Thin at this size7.8 / 34.4 bp
    At $10k entering QFEX costs 34.4 bp, fee and slippage, 4.4× MEXC’s.
  • Note: Margin at max leverage$500 + $1,000
    MEXC 20x, QFEX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$1.99Long MEXC: 3 payments, −$2.19; short QFEX: 24 payments, +$0.20.
  • Watch: Gap narrower than usual+0.097% vs +0.262%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Long leg is thinner$232K vs $1.1M OI
    MEXC sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCMEXC Yes · QFEX No
    KYC before trading since Feb 2026; unverified accounts see market data only.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0032%/8h × 21 periods+$6.66
Price spread+0.097% → +0.262% (7d avg)−$16.59
Slippage, 4 orderslive order books−$65.32
Fee MEXC bp × 2 orders$0.00
Fee QFEX bp × 2 orders−$20.00
Net · 7 days · $10k−$95.24
Costs to cover0.853%Break-even107.1 days
Slippage: MEXC: live order book, 12 min ago; QFEX: live order book, 6 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGMEXC1.617.8 bp−$898.7 bp−$987218.5 bp−$21.9Kdoesn’t fit
SELL · SHORTQFEX2.6834.4 bp−$3438.3 bp−$383doesn’t fitdoesn’t fit

Closing costs about the same again.

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