Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 93.890 | +0.0240 | pay 0.0030% / 1h | 12m 31s | $1.1M | $4.0M | 10x | Long QFEX10% off | |
| SHORT | 93.690 | 0 | 0.0000% / 8h | 4h 12m | $524K | $102K | 50x | Short MEXC |
Price gap−0.213%
Funding gap−0.0240% /8h
Both sides work against this direction now: funding costs $7 a day on $10k and the gap is 0.209% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$15−0.0240% /8h now · paid +0.152% over the last 7D
Price−$21spread −0.213% now, avg −0.004% → −0.209% if it goes back
Costs−$800.804% of $10k · taker + slippage, in and out
The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.152% in total, about +0.0072%/8h on average.
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−0.213%
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
/8hZM on 15 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size20.0 / 22.4 bpAt $10k entering MEXC costs 22.4 bp, fee and slippage, 1.1× QFEX’s.
- Note: Margin at max leverage$1,000 + $200QFEX 10x, MEXC 50x. 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: −$7.20Long QFEX: 24 payments, −$7.20; short MEXC: 3 payments, $0.00.
- Watch: Gap narrower than usual−0.213% vs −0.004%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$524K 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+0.0072%/8h × 21 periods+$15.16
Price spread−0.213% → −0.004% (7d avg)−$20.93
Slippage, 4 orderslive order books−$52.38
Fee QFEX bp × 2 orders−$20.00
Fee MEXC bp × 2 orders−$8.00
Net · 7 days · $10k−$86.14
Costs to cover0.804%Break-even46.8 days
Slippage: QFEX: live order book, 9 min ago; MEXC: live order book, 25 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX2.6620.0 bp−$20doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTMEXC10.6022.4 bp−$22157.2 bp−$1,572213.3 bp−$21.3Kdoesn’t fit
Closing costs about the same again.
| 10-05 11:52 | BingX | Other | promise me you won’t zoom in. @BingXOfficial on X ↗ |
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