AXON

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	MEXCAXONSTOCK_USDT	416.98	−0.2547	get 0.2547% / 8h	4h 14m	$1.5M	$94K	20x	Long MEXC
SHORT	BitgetAXONUSDT	417.54	0	0.0000% / 8h	4h 14m	$627K	$147K	20x	Short Bitget

Price gap+0.134%

Funding gap+0.2547% /8h

Both sides work: funding pays +$76 a day on $10k, and the gap is 0.134% above its 7d average: +$13 more if it goes back.

If you open now and hold

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

Funding−$211+0.2547% /8h now · paid −2.106% over the last 7D

Price+$13spread +0.134% now, avg +0.001% → +0.134% if it goes back

Costs−$1881.880% of $10k · taker + slippage, in and out

Result−$385−3.85%no pointsWhat the last 7D really paid, hour by hour → backtest

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+0.134%

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

2 ok · 3 to watch

Watch: Thin at this size19.8 / 63.3 bp
At $10k entering Bitget costs 63.3 bp, fee and slippage, 3.2× MEXC’s.
Note: Margin at max leverage$500 + $500
MEXC 20x, Bitget 20x. 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: +$76.41Long MEXC: 3 payments, +$76.41; short Bitget: 3 payments, $0.00.
OK: Entry gap works for you+0.134% vs +0.001%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$627K vs $1.5M OI
Bitget sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCMEXC Yes · Bitget 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−0.1003%/8h × 21 periods−$210.55

Price spread+0.134% → +0.001% (7d avg)+$13.35

Slippage, 4 orderslive order books−$168.04

Fee MEXC bp × 2 orders−$8.00

Fee Bitget bp × 2 orders−$12.00

Net · 7 days · $10k−$385.23

Costs to cover1.880%Break-evennever at this rate

Slippage: MEXC: live order book, 5 min ago; Bitget: live order book, 16 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGMEXC15.8119.8 bp−$2030.0 bp−$300155.7 bp−$15.6Kdoesn’t fit

SELL · SHORTBitget20.4063.3 bp−$6387.6 bp−$876doesn’t fitdoesn’t fit

Closing costs about the same again.