TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.007492+0.0100pay 0.0050% / 4h1h 15m$62K$671K10xLong Gate
SHORT0.007500−0.0400pay 0.0200% / 4h1h 15m$412K$1.5M20xShort MEXC
Price gap+0.107%
Funding gap−0.0500% /8h

Both sides work against this direction now: funding costs $15 a day on $10k and the gap is 0.445% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$19−0.0500% /8h now · paid +0.186% over the last 5 days (all we have)
Price−$45spread +0.107% now, avg +0.552% → −0.445% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs−$26−0.26%no pointscosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 5 days it paid +0.186% in total, about +0.0114%/8h on average.

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.107%
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

/8h

KIMCHI on 3 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Thin at this size890.5 / 257.3 bp
    At $10k entering Gate costs 890.5 bp, fee and slippage, 3.5× MEXC’s.
  • Note: Margin at max leverage$1,000 + $500
    Gate 10x, MEXC 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval4h / 4h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$15.00Long Gate: 6 payments, −$3.00; short MEXC: 6 payments, −$12.00.
  • Watch: Gap narrower than usual+0.107% vs +0.552%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Long leg is thinner$62K vs $412K OI
    Gate sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCGate Yes · MEXC Yes
    KYC before the futures account opens; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0114%/8h × 21 periods+$23.86
Price spread+0.107% → +0.552% (7d avg)−$44.51
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee Gate bp × 2 orders−$15.00
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k—
doesn’t fit the books at $10k
Costs to cover—Break-even—
Slippage: Gate: live order book, 40 min ago; MEXC: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGGate19.66890.5 bp−$891doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTMEXC33.18257.3 bp−$2571099.0 bp−$11.0Kdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

KIMCHI news

posts that mention KIMCHI, from every exchangeSearch all news →
10-22 12:22GateListingGate Futures Meme Zone New Listing: $KIMCHI 🔹 Trading Pair: $KIMCHI / $USDT 🔹 Trading Starts: Now Open 🔹 Supports 1 – 10x Leverage, Bots and Copy Trading KIMCHI is a meme coin issued on the SOL chain. Trade $KIMCHI: @Gate on X ↗
10-22 06:21GateListingnew market KIMCHI_USDT ($KIMCHI) seen by our collector
10-21 15:21MEXCListingnew market KIMCHI_USDT ($KIMCHI) seen by our collector
10-21 09:57BingXListingnew market KIMCHI-USDT ($KIMCHI) seen by our collector