Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 15.050 | 0 | 0.0000% / 8h | 5h 47m | $181K | $101K | 50x | Long MEXC | |
| SHORT | 15.330 | 0 | 0.0000% / 1h | 47m 37s | $707K | $440 | 10x | Short QFEX10% back |
Price gap+1.860%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$166 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−$320.0000% /8h now · paid −0.319% over the last 7D
Price+$166spread +1.860% now, avg +0.202% → +1.659% if it goes back
Costs−$1,27412.744% 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+1.860%
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
/8hPAYP on 11 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size28.6 / 600.9 bpAt $10k entering QFEX costs 600.9 bp, fee and slippage, 21.0× 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: $0.00Long MEXC: 3 payments, $0.00; short QFEX: 24 payments, $0.00.
- OK: Entry gap works for you+1.860% vs +0.202%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$181K vs $707K 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−0.0152%/8h × 21 periods−$31.91
Price spread+1.860% → +0.202% (7d avg)+$165.88
Slippage, 4 orderslive order books−$1,250.45
Fee MEXC bp × 2 orders−$4.00
Fee QFEX bp × 2 orders−$20.00
Net · 7 days · $10k−$1,140.48
Costs to cover12.744%Break-evennever at this rate
Slippage: MEXC: live order book, 2 min ago; QFEX: live order book, 25 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGMEXC13.3128.6 bp−$29117.5 bp−$1,175220.2 bp−$22.0Kdoesn’t fit
SELL · SHORTQFEX257.07600.9 bp−$601doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-28 16:00 | QFEX | Other | $PAYP - PayPay Corporation is now trading 24/7 on QFEX @QFEX on X ↗ |
| 09-28 14:22 | QFEX | Listing | new market PAYP-USD ($PAYP) seen by our collector |