Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 78.170 | +0.1357 | pay 0.1357% / 8h | 32m 33s | $182K | $135K | 20x | Long MEXC | |
| SHORT | 77.960 | 0 | 0.0000% / 1h | 32m 33s | $1.6M | $13.0M | 10x | Short QFEX |
Price gap−0.269%
Funding gap−0.1357% /8h
The gap pays +$7 on $10k if it goes back to its 7d average, but funding costs $41 a day and eats that in about 4 hours. At the last 7 days' pace that is about 9 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$98−0.1357% /8h now · paid −0.978% over the last 5 days (all we have)
Price+$7spread −0.269% now, avg −0.339% → +0.070% if it goes back
Costs−$660.655% of $10k · taker + slippage, in and out
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
QFEX price against MEXCnow
RANGE STATS · 7D
Now−0.269%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hTLT on 9 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size27.5 / 5.6 bpAt $10k entering MEXC costs 27.5 bp, fee and slippage, 4.9× 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: −$40.71Long MEXC: 3 payments, −$40.71; short QFEX: 24 payments, $0.00.
- OK: Entry gap works for you−0.269% vs −0.339%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$182K vs $1.6M 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−0.0639%/8h × 21 periods−$134.16
Price spread−0.269% → −0.339% (7d avg)+$7.01
Slippage, 4 orderslive order books−$55.52
Fee MEXC bp × 2 orders$0.00
Fee QFEX bp × 2 orders−$10.00
Net · 7 days · $10k−$192.66
Costs to cover0.655%Break-evennever at this rate
Slippage: MEXC: live order book, 42 min ago; QFEX: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGMEXC11.4727.5 bp−$28151.4 bp−$1,514238.3 bp−$23.8Kdoesn’t fit
SELL · SHORTQFEX0.645.6 bp−$65.6 bp−$5611.7 bp−$1,170doesn’t fit
Closing costs about the same again.
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