Settings8H · net · $10k
LanguageThe language of the site
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
ExchangesWhich exchanges to include everywhere
My profile →
My profile
Funding arb · Price arb / RWA

NEM

RWAAll NEM markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
QFEXNEM-USD
115.2700.0000% / 1h53m 04s$1.1M$1.5M10xLong QFEX
SHORT
MEXCNEMSTOCK_USDT
115.56−0.0113pay 0.0113% / 8h53m 04s$5.3M$93K20xShort MEXC
Price gap+0.252%48s
Funding gap−0.0113% /8h

The gap pays +$32 on $10k if it goes back to its 7d average, but funding costs $3 a day and eats that in about 9.4 days. At the last 7 days' pace that is about 23 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$10−0.0113% /8h now · paid −0.098% over the last 7D
Price—spread +0.252%48s now · prices read too far apart to compare
Costs−$5425.420% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together

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+0.252%
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

NEM on 3 exchanges

lowest funding first

Before you open

0 ok · 4 to watch
  • Watch: Thin at this size134.5 / 128.9 bp
    At $10k entering QFEX costs 134.5 bp, fee and slippage, 1.0× MEXC’s.
  • Note: Margin at max leverage$1,000 + $500
    QFEX 10x, MEXC 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 8h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$3.39Long QFEX: 24 payments, $0.00; short MEXC: 3 payments, −$3.39.
  • Watch: Prices read 48 s apart+0.252% vs −0.068%
    Part of this gap may be the market moving.
  • Note: Long leg is thinner$1.1M vs $5.3M OI
    Both legs are deep; QFEX is the smaller one.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCQFEX No · MEXC Yes
    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−0.0047%/8h × 21 periods−$9.83
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$521.95
Fee QFEX bp × 2 orders−$20.00
Fee MEXC bp × 2 orders$0.00
Net · 7 days · $10k−$551.79
price spread not counted: prices read too far apart
Costs to cover5.420%Break-evennever at this rate
Slippage: QFEX: live order book, 4 min ago; MEXC: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGQFEX77.65134.5 bp−$135141.6 bp−$1,416doesn’t fitdoesn’t fit
SELL · SHORTMEXC10.39128.9 bp−$129373.5 bp−$3,735doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert