Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
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Funding arb · Price arb / RWA

PL

RWAAll PL markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
QFEXPL-USD
18.11000.0000% / 1h41m 39s$1.1M$104K10xLong QFEX10% off
SHORT
MEXCPLSTOCK_USDT
18.11000.0000% / 8h7h 41m$406K$102K20xShort MEXC
Price gap0.000%
Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is 0.638% under its 7d average: the price leg works against you, −$64 on $10k if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$1170.0000% /8h now · paid +1.165% over the last 7D
Price−$64spread 0.000% now, avg +0.638% → −0.638% if it goes back
Costs−$1311.310% of $10k · taker + slippage, in and out
Result−$78−0.78%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
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

/8h

PL on 4 exchanges

lowest funding first

Before you open

0 ok · 5 to watch
  • Watch: Thin at this size20.9 / 43.8 bp
    At $10k entering MEXC costs 43.8 bp, fee and slippage, 2.1× QFEX’s.
  • Note: Margin at max leverage$1,000 + $500
    QFEX 10x, MEXC 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 8h
    Payments 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.
  • Watch: Gap narrower than usual0.000% vs +0.638%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thinner$406K vs $1.1M OI
    MEXC sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCQFEX No · MEXC Yes
    KYC before trading since Feb 2026; unverified accounts see market data only.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0555%/8h × 21 periods+$116.53
Price spread0.000% → +0.638% (7d avg)−$63.80
Slippage, 4 orderslive order books−$111.03
Fee QFEX bp × 2 orders−$20.00
Fee MEXC bp × 2 orders$0.00
Net · 7 days · $10k−$78.30
Costs to cover1.310%Break-even11.7 days
Slippage: QFEX: live order book, 10 min ago; MEXC: live order book, 38 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGQFEX5.5220.9 bp−$2121.0 bp−$21030.2 bp−$3,017doesn’t fit
SELL · SHORTMEXC21.8943.8 bp−$44183.5 bp−$1,835242.5 bp−$24.3Kdoesn’t fit

Closing costs about the same again.

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