Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 11.740 | +0.0200 | pay 0.0200% / 8h | 3h 11m | $276K | $100K | 20x | Long MEXC | |
| SHORT | 11.750 | 0 | 0.0000% / 1h | 11m 12s | $1.1M | $106K | 10x | Short QFEX10% off |
Price gap+0.085%
Funding gap−0.0200% /8h
Funding costs $6 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$4−0.0200% /8h now · paid −0.043% over the last 7D
Price−$1spread +0.085% now, avg +0.097% → −0.011% if it goes back
Costs−$4584.581% of $10k · taker + slippage, in and out
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.043% in total, about −0.0021%/8h on average.
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+0.085%
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
/8hNVTS on 3 exchanges
lowest funding firstBefore you open
0 ok · 4 to watch- Watch: Thin at this size209.6 / 22.7 bpAt $10k entering MEXC costs 209.6 bp, fee and slippage, 9.2× QFEX’s.
- Note: Margin at max leverage$500 + $1,000MEXC 20x, QFEX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$6.00Long MEXC: 3 payments, −$6.00; short QFEX: 24 payments, $0.00.
- Note: Gap at its usual level+0.085% vs +0.097%The price leg adds little either way.
- Watch: Long leg is thinner$276K vs $1.1M OIMEXC sets your exit cost. Check its book before closing.
- 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−0.0021%/8h × 21 periods−$4.34
Price spread+0.085% → +0.097% (7d avg)−$1.14
Slippage, 4 orderslive order books−$438.08
Fee MEXC bp × 2 orders$0.00
Fee QFEX bp × 2 orders−$20.00
Net · 7 days · $10k−$463.56
Costs to cover4.581%Break-evennever at this rate
Slippage: MEXC: live order book, 11 min ago; QFEX: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGMEXC34.01209.6 bp−$210477.8 bp−$4,778doesn’t fitdoesn’t fit
SELL · SHORTQFEX4.2622.7 bp−$2325.9 bp−$259doesn’t fitdoesn’t fit
Closing costs about the same again.
