AXON

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	MEXCAXONSTOCK_USDT	414.65	+0.2757	pay 0.2757% / 8h	1h 40m	$1.5M	$114K	20x	Long MEXC
SHORT	BingXNCSKAXONUSDT-USDT	415.03	+0.0017	get 0.0017% / 8h	1h 40m	$966K	$1.2M	—	Short BingX

Price gap+0.092%

Funding gap−0.2740% /8h

Funding costs $82 a day on $10k at the current rate. Swap the legs.

If you open now and hold

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

Funding−$32−0.2740% /8h now · paid −0.322% over the last 7D

Price+$1spread +0.092% now, avg +0.080% → +0.012% if it goes back

Costs−$1801.796% of $10k · taker + slippage, in and out

Result−$211−2.11%no pointsWhat 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 7 days it paid −0.322% in total, about −0.0153%/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+0.092%

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

AXON on 4 exchanges

lowest funding first

Before you open

1 ok · 3 to watch

Watch: Thin at this size26.8 / 67.9 bp
At $10k entering BingX costs 67.9 bp, fee and slippage, 2.5× MEXC’s.
Note: Margin at max leverage$500 + —
MEXC 20x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval8h / 8h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$82.20Long MEXC: 3 payments, −$82.71; short BingX: 3 payments, +$0.51.
Note: Gap at its usual level+0.092% vs +0.080%
The price leg adds little either way.
Watch: Short leg is thinner$966K vs $1.5M OI
BingX sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCMEXC Yes · BingX Yes
KYC before trading since Feb 2026; unverified accounts see market data only.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0153%/8h × 21 periods−$32.21

Price spread+0.092% → +0.080% (7d avg)+$1.18

Slippage, 4 orderslive order books−$169.62

Fee MEXC bp × 2 orders$0.00

Fee BingX bp × 2 orders−$10.00

Net · 7 days · $10k−$210.65

Costs to cover1.796%Break-evennever at this rate

Slippage: MEXC: live order book, 6 min ago; BingX: live order book, 21 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGMEXC26.7826.8 bp−$2737.2 bp−$372176.4 bp−$17.6Kdoesn’t fit

SELL · SHORTBingX28.9167.9 bp−$68100.2 bp−$1,002402.4 bp−$40.2Kdoesn’t fit

Closing costs about the same again.