Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 12.000 | 0 | 0.0000% / 1h | 4m 18s | $165K | $89K | 10x | Long QFEX10% back | |
| SHORT | 12.090 | 0 | 0.0000% / 8h | 4h 04m | $529K | $161K | 20x | Short MEXC |
Price gap+0.750%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$48 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$00.0000% /8h now · paid 0.000% over the last 5 hours (all we have)
Price+$48spread +0.750% now, avg +0.270% → +0.480% if it goes back
Costs−$3253.245% of $10k · taker + slippage, in and out
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+0.750%
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
/8hNU on 5 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size22.5 / 150.4 bpAt $10k entering MEXC costs 150.4 bp, fee and slippage, 6.7× QFEX’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: $0.00Long QFEX: 24 payments, $0.00; short MEXC: 3 payments, $0.00.
- OK: Entry gap works for you+0.750% vs +0.270%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$165K vs $529K OIQFEX 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 earned0.0000%/8h × 21 periods$0.00
Price spread+0.750% → +0.270% (7d avg)+$48.04
Slippage, 4 orderslive order books−$300.55
Fee QFEX bp × 2 orders−$20.00
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k−$276.51
Costs to cover3.245%Break-evennever at this rate
Slippage: QFEX: live order book, 43 min ago; MEXC: live order book, 29 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX4.1622.5 bp−$2236.2 bp−$362doesn’t fitdoesn’t fit
SELL · SHORTMEXC12.43150.4 bp−$150229.5 bp−$2,295261.4 bp−$26.1Kdoesn’t fit
Closing costs about the same again.
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