Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 11.750 | 0 | 0.0000% / 1h | 13m 06s | $1.1M | $119K | 10x | Long QFEX10% off | |
| SHORT | 11.750 | −0.0136 | pay 0.0136% / 8h | 4h 13m | $275K | $103K | 20x | Short MEXC |
Price gap0.000%48s
Funding gap−0.0136% /8h
The gap pays +$10 on $10k if it goes back to its 7d average, but funding costs $4 a day and eats that in about 2.4 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$4−0.0136% /8h now · paid +0.043% over the last 7D
Price—spread 0.000%48s now · prices read too far apart to compare
Costs−$4834.828% 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
Now0.000%
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 · 5 to watch- Watch: Thin at this size39.4 / 193.5 bpAt $10k entering MEXC costs 193.5 bp, fee and slippage, 4.9× 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: −$4.08Long QFEX: 24 payments, $0.00; short MEXC: 3 payments, −$4.08.
- Watch: Prices read 48 s apart0.000% vs −0.097%Part of this gap may be the market moving.
- Watch: Short leg is thinner$275K vs $1.1M OIMEXC 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 earned+0.0021%/8h × 21 periods+$4.34
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$454.76
Fee QFEX bp × 2 orders−$20.00
Fee MEXC bp × 2 orders−$8.00
Net · 7 days · $10k−$478.42
price spread not counted: prices read too far apartCosts to cover4.828%Break-even778.6 days
Slippage: QFEX: live order book, 5 min ago; MEXC: live order book, 23 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX4.2439.4 bp−$3940.1 bp−$401doesn’t fitdoesn’t fit
SELL · SHORTMEXC34.07193.5 bp−$193467.5 bp−$4,675doesn’t fitdoesn’t fit
Closing costs about the same again.
