Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 3.1240 | +0.0160 | pay 0.0020% / 1h | 23m 02s | $10.7M | $13.2M | 20x | Long QFEX10% off | |
| SHORT | 3.1320 | +0.0528 | get 0.0066% / 1h | 23m 02s | $7.1M | $1.4M | 100x | Short MEXC |
Price gap+0.256%48s
Funding gap+0.0368% /8h
Both sides work: funding pays +$11 a day on $10k, and the gap is 0.246% above its 7d average: +$25 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$162+0.0368% /8h now · paid +1.618% over the last 7D
Price—spread +0.256%48s now · prices read too far apart to compare
Costs−$360.356% 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+0.256%
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 books8.2 / 9.6 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + $100QFEX 20x, MEXC 100x. 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: +$11.04Long QFEX: 24 payments, −$4.80; short MEXC: 24 payments, +$15.84.
- Watch: Prices read 48 s apart+0.256% vs +0.010%Part of this gap may be the market moving.
- Note: Short leg is thinner$7.1M vs $10.7M OIBoth legs are deep; MEXC is the smaller one.
- 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+0.0770%/8h × 21 periods+$161.75
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$25.56
Fee QFEX bp × 2 orders−$10.00
Fee MEXC bp × 2 orders$0.00
Net · 7 days · $10k+$126.19
price spread not counted: prices read too far apartCosts to cover0.356%Break-even1.5 days
Slippage: QFEX: live order book, 12 min ago; MEXC: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX3.208.2 bp−$88.2 bp−$829.6 bp−$956doesn’t fit
SELL · SHORTMEXC9.589.6 bp−$1035.4 bp−$354226.7 bp−$22.7Kdoesn’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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