Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 78.280 | 0 | 0.0000% / 1h | 21m 22s | $1.5M | $11.9M | 10x | Long QFEX | |
| SHORT | 78.420 | +0.1369 | get 0.1369% / 8h | 1h 21m | $185K | $134K | 20x | Short MEXC |
Price gap+0.179%
Funding gap+0.1369% /8h
Funding pays +$41 a day on $10k, but the gap is 0.162% under its 7d average: −$16 if it goes back, about 9 hours of funding. At the last 7 days' pace that is about 20 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$98+0.1369% /8h now · paid +0.978% over the last 5 days (all we have)
Price−$16spread +0.179% now, avg +0.341% → −0.162% if it goes back
Costs−$1061.055% 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
MEXC price against QFEXnow
RANGE STATS · 7D
Now+0.179%
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
0 ok · 5 to watch- Watch: Thin at this size8.2 / 51.4 bpAt $10k entering MEXC costs 51.4 bp, fee and slippage, 6.3× QFEX’s.
- 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: +$41.07Long QFEX: 24 payments, $0.00; short MEXC: 3 payments, +$41.07.
- Watch: Gap narrower than usual+0.179% vs +0.341%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$185K vs $1.5M 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+0.0643%/8h × 21 periods+$135.05
Price spread+0.179% → +0.341% (7d avg)−$16.19
Slippage, 4 orderslive order books−$95.51
Fee QFEX bp × 2 orders−$10.00
Fee MEXC bp × 2 orders$0.00
Net · 7 days · $10k+$13.35
Costs to cover1.055%Break-even6.3 days
Slippage: QFEX: live order book, 13 min ago; MEXC: live order book, 58 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX1.918.2 bp−$88.2 bp−$8211.4 bp−$1,138doesn’t fit
SELL · SHORTMEXC12.1051.4 bp−$51165.0 bp−$1,650204.8 bp−$20.5Kdoesn’t fit
Closing costs about the same again.
| 09-24 13:06 | QFEX | Other | $TLT - iShares 20+ Year Treasury Bond ETF is now trading 24/7 on QFEX @QFEX on X ↗ |
| 09-24 11:58 | QFEX | Listing | new market TLT-USD ($TLT) seen by our collector |
| 09-21 13:32 | Bitget | Listing | new market TLTUSDT ($TLT) seen by our collector |
| 09-20 04:12 | HTX | Listing | New TradFi Futures Listing! 🚀 HTX adds CVXSTOCK/USDT and TLT/USDT perpetual futures with up to 20x leverage. Join HTX's Futures Trading Contest! @HTX_Global on X ↗ |
| 09-18 18:00 | Bybit | Listing | New TradFi Perpetual Contract Listing: $TLTUSDT, $SECZUSDT and $AMZUUSDT are now live on Bybit! 🚀 Trade $TLT: Trade $SECZ: Trade $AMZU: #Bybit #MakeYourMove @Bybit_Official on X ↗ |
| 09-18 13:45 | BloFin | Listing | BloFin Futures has listed the $APLD-USDT & $TLT-USDT Perpetual Contract 🔥 Trade and take advantage of: ✅ 0% Maker Fees ✅ 50% off Taker Fees @BloFin_Official on X ↗ |

Bitget
HTX
Bybit
BloFin