Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 3.1370 | +0.1880 | pay 0.0235% / 1h | 25m 57s | $7.1M | $1.4M | 100x | Long MEXC | |
| SHORT | 3.1270 | +0.0160 | get 0.0020% / 1h | 25m 57s | $10.8M | $13.5M | 20x | Short QFEX10% off |
Price gap−0.319%48s
Funding gap−0.1720% /8h
Both sides work against this direction now: funding costs $52 a day on $10k and the gap is 0.308% 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−$161−0.1720% /8h now · paid −1.610% over the last 7D
Price—spread −0.319%48s now · prices read too far apart to compare
Costs−$340.338% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
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−0.319%
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
/8hNATGAS on 28 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- OK: Fits both order books7.9 / 11.1 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$100 + $500MEXC 100x, QFEX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$51.60Long MEXC: 24 payments, −$56.40; short QFEX: 24 payments, +$4.80.
- Watch: Prices read 48 s apart−0.319% vs −0.011%Part of this gap may be the market moving.
- Note: Long leg is thinner$7.1M vs $10.8M OIBoth legs are deep; MEXC is the smaller one.
- 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−0.0767%/8h × 21 periods−$161.03
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$23.78
Fee MEXC bp × 2 orders$0.00
Fee QFEX bp × 2 orders−$10.00
Net · 7 days · $10k−$194.81
price spread not counted: prices read too far apartCosts to cover0.338%Break-evennever at this rate
Slippage: MEXC: live order book, 2 min ago; QFEX: live order book, 9 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGMEXC4.787.9 bp−$816.0 bp−$160101.0 bp−$10.1Kdoesn’t fit
SELL · SHORTQFEX3.2011.1 bp−$1111.4 bp−$11413.1 bp−$1,312doesn’t fit
Closing costs about the same again.
| 09-17 19:02 | tradeXYZ | Other | CVX references 1 share of Chevron Corporation common stock (NYSE: CVX), quoted in USD. Chevron produces crude oil and natural gas and manufactures transportation fuels, lubricants, and petrochemicals. @tradexyz on X ↗ |
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