Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 406.71 | +0.0008 | pay 0.0008% / 8h | 1h 40m | $1.6M | $91K | 50x | Long MEXC | |
| SHORT | 406.63 | 0 | 0.0000% / 1h | 40m 28s | $1.1M | $1.2M | 10x | Short QFEX |
Price gap−0.020%
Funding gap−0.0008% /8h
Funding is ≈ 0 and the gap is 0.034% under its 7d average: the price leg works against you, −$3 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$1−0.0008% /8h now · paid −0.014% over the last 7D
Price−$3spread −0.020% now, avg +0.014% → −0.034% if it goes back
Costs−$5915.910% 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−0.020%
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
/8hPANW on 11 exchanges
lowest funding firstBefore you open
0 ok · 4 to watch- Watch: Thin at this size23.9 / 270.1 bpAt $10k entering QFEX costs 270.1 bp, fee and slippage, 11.3× MEXC’s.
- Note: Margin at max leverage$200 + $1,000MEXC 50x, 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: −$0.24Long MEXC: 3 payments, −$0.24; short QFEX: 24 payments, $0.00.
- Watch: Gap narrower than usual−0.020% vs +0.014%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Short leg is thinner$1.1M vs $1.6M OIBoth legs are deep; QFEX is the smaller one.
- 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−0.0007%/8h × 21 periods−$1.38
Price spread−0.020% → +0.014% (7d avg)−$3.38
Slippage, 4 orderslive order books−$570.98
Fee MEXC bp × 2 orders$0.00
Fee QFEX bp × 2 orders−$20.00
Net · 7 days · $10k−$595.75
Costs to cover5.910%Break-evennever at this rate
Slippage: MEXC: live order book, 6 min ago; QFEX: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGMEXC3.4423.9 bp−$24162.0 bp−$1,620215.5 bp−$21.5Kdoesn’t fit
SELL · SHORTQFEX252.07270.1 bp−$270270.9 bp−$2,709doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-28 16:43 | Avantis | Other | 2/ Software and cybersecurity $PANW $FTNT $ADBE $ADSK $INTU $DDOG $WDAY $SHOP $PYPL $MELI $PDD $TTWO $DASH Application layer where the spend actually lives, is AI helping or harming these companies? @verantaxyz on X ↗ |
| 09-24 14:11 | Avantis | Listing | new market PANW/USD ($PANW) seen by our collector |

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