Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 64.280 | +0.0054 | pay 0.0054% / 8h | 1h 52m | $70K | $101K | 20x | Long MEXC | |
| SHORT | 64.200 | −0.0016 | pay 0.0002% / 1h | 52m 37s | $1.1M | $24K | 10x | Short QFEX10% back |
Price gap−0.124%
Funding gap−0.0070% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.124% under zero (no 7-day history yet). Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$16−0.0070% /8h now · paid −0.160% over the last 7D
Price—spread −0.124% now · no price history on both exchanges yet
Costs−$1191.186% of $10k · taker + slippage, in and out
Result—no pointsneeds both price histories
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−0.124%
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
/8hTEM on 11 exchanges
lowest funding firstBefore you open
0 ok · 4 to watch- Watch: Thin at this size47.4 / 17.7 bpAt $10k entering MEXC costs 47.4 bp, fee and slippage, 2.7× 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: −$2.10Long MEXC: 3 payments, −$1.62; short QFEX: 24 payments, −$0.48.
- Note: No 7-day spread history−0.124%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$70K 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−0.0076%/8h × 21 periods−$15.95
Price spread−0.124% → 0−$12.45
Slippage, 4 orderslive order books−$90.60
Fee MEXC bp × 2 orders−$8.00
Fee QFEX bp × 2 orders−$20.00
Net · 7 days · $10k−$146.99
Costs to cover1.186%Break-evennever at this rate
Slippage: MEXC: live order book, 22 min ago; QFEX: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGMEXC16.0147.4 bp−$47192.6 bp−$1,926234.7 bp−$23.5Kdoesn’t fit
SELL · SHORTQFEX1.5517.7 bp−$1821.2 bp−$212doesn’t fitdoesn’t fit
Closing costs about the same again.
OKX