Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 141.44 | 0 | 0.0000% / 1h | 14m 00s | $1.1M | $399K | 10x | Long QFEX10% back | |
| SHORT | 141.55 | −0.0200 | pay 0.0200% / 8h | 4h 14m | $74K | $116K | 20x | Short MEXC |
Price gap+0.078%48s
Funding gap−0.0200% /8h
The gap pays +$7 on $10k if it goes back to its 7d average, but funding costs $6 a day and eats that in about 28 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$24−0.0200% /8h now · paid −0.241% over the last 7D
Price—spread +0.078%48s now · prices read too far apart to compare
Costs−$520.519% 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
Now+0.078%
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
/8hTJX on 3 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Large against open interest12.8 / 13.7 bp$10k is over 10% of MEXC’s open interest.
- 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: −$6.00Long QFEX: 24 payments, $0.00; short MEXC: 3 payments, −$6.00.
- Watch: Prices read 48 s apart+0.078% vs +0.007%Part of this gap may be the market moving.
- Watch: Short leg is thinner$74K 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−0.0115%/8h × 21 periods−$24.08
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$27.92
Fee QFEX bp × 2 orders−$20.00
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k−$76.01
price spread not counted: prices read too far apartCosts to cover0.519%Break-evennever at this rate
Slippage: QFEX: live order book, 11 min ago; MEXC: live order book, 30 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX1.4112.8 bp−$1318.9 bp−$189doesn’t fitdoesn’t fit
SELL · SHORTMEXC1.4113.7 bp−$14151.1 bp−$1,511210.0 bp−$21.0Kdoesn’t fit
Closing costs about the same again.
