PLAY

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	ExtendedPLAY-USD	0.01611	+0.0104	pay 0.0013% / 1h	10m 01s	$4K	$168K	5x	Long Extended10% off
SHORT	BingXPLAYSOUT-USDT	0.01616	+0.1360	get 0.0680% / 4h	1h 10m	$959K	$1.7M	—	Short BingX

Price gap+0.334%

Funding gap+0.1256% /8h

Both sides work: funding pays +$38 a day on $10k, and the gap is 0.186% above its 7d average: +$19 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$61+0.1256% /8h now · paid +0.606% over the last 7D

Price+$19spread +0.334% now, avg +0.148% → +0.186% if it goes back

Costs−$1771.774% of $10k · taker + slippage, in and out

Result−$98−0.98%+ Points / potential airdropExtended: points · farm boardWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.606% in total, about +0.0289%/8h on average.

Price and funding

1h · history

Entry / 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+0.334%

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

PLAY on 7 exchanges

lowest funding first

Before you open

2 ok · 4 to watch

Watch: Thin at this size49.5 / 17.1 bp
At $10k entering Extended costs 49.5 bp, fee and slippage, 2.9× BingX’s.
Note: Margin at max leverage$2,000 + —
Extended 5x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 4h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: +$37.68Long Extended: 24 payments, −$3.12; short BingX: 6 payments, +$40.80.
OK: Entry gap works for you+0.334% vs +0.148%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$4K vs $959K OI
Extended sets your exit cost. Check its book before closing.
OK: Points on a legExtended points
Volume here counts toward the points program.
Watch: KYCExtended No · BingX Yes
Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0289%/8h × 21 periods+$60.64

Price spread+0.334% → +0.148% (7d avg)+$18.62

Slippage, 4 orderslive order books−$162.45

Fee Extended bp × 2 orders−$5.00

Fee BingX bp × 2 orders−$10.00

Net · 7 days · $10k−$98.19

Costs to cover1.774%Break-even18.3 days

Slippage: Extended: live order book, 28 min ago; BingX: live order book, 7 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGExtended8.8149.5 bp−$49457.7 bp−$4,577doesn’t fitdoesn’t fit

SELL · SHORTBingX3.1217.1 bp−$17118.2 bp−$1,1821151.6 bp−$115.2K1436.5 bp−$718.2K

Closing costs about the same again.