Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 378.29 | +0.0288 | pay 0.0288% / 8h | 52m 04s | $4.9M | $93K | 100x | Long MEXC | |
| SHORT | 377.83 | 0 | 0.0000% / 1h | 52m 04s | $1.1M | $1.7M | 10x | Short QFEX |
Price gap−0.122%48s
Funding gap−0.0288% /8h
The gap pays +$3 on $10k if it goes back to its 7d average, but funding costs $9 a day and eats that in about 7 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$47−0.0288% /8h now · paid −0.466% over the last 7D
Price—spread −0.122%48s now · prices read too far apart to compare
Costs−$1871.868% 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−0.122%
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
/8hUNH on 11 exchanges
lowest funding firstBefore you open
0 ok · 4 to watch- Watch: Thin at this size2.9 / 90.3 bpAt $10k entering QFEX costs 90.3 bp, fee and slippage, 31.0× MEXC’s.
- Note: Margin at max leverage$100 + $1,000MEXC 100x, 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: −$8.64Long MEXC: 3 payments, −$8.64; short QFEX: 24 payments, $0.00.
- Watch: Prices read 48 s apart−0.122% vs −0.147%Part of this gap may be the market moving.
- Note: Short leg is thinner$1.1M vs $4.9M OIBoth legs are deep; QFEX is the smaller one.
- 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−0.0222%/8h × 21 periods−$46.56
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$166.83
Fee MEXC bp × 2 orders$0.00
Fee QFEX bp × 2 orders−$20.00
Net · 7 days · $10k−$233.39
price spread not counted: prices read too far apartCosts to cover1.868%Break-evennever at this rate
Slippage: MEXC: live order book, 1 min ago; QFEX: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGMEXC2.912.9 bp−$34.1 bp−$41152.7 bp−$15.3Kdoesn’t fit
SELL · SHORTQFEX77.1490.3 bp−$90doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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