Settings8H · net · $10k
LanguageThe language of the site
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
LONG158.1300.0000% / 8h53m 51s$214K$49K20xLong Bitget
SHORT158.26+0.0472get 0.0472% / 8h53m 51s$3.6M$127K20xShort MEXC
Price gap+0.082%
Funding gap+0.0472% /8h

Both sides work: funding pays +$14 a day on $10k, and the gap is 0.216% above its 7d average: +$22 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$19+0.0472% /8h now · paid +0.194% over the last 7D
Price+$22spread +0.082% now, avg −0.134% → +0.216% if it goes back
Costs−$1011.011% of $10k · taker + slippage, in and out

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.194% in total, about +0.0092%/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+0.082%
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

BKNG on 6 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Watch: Thin at this size43.1 / 13.0 bp
    At $10k entering Bitget costs 43.1 bp, fee and slippage, 3.3× MEXC’s.
  • Note: Margin at max leverage$500 + $500
    Bitget 20x, MEXC 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: +$14.16Long Bitget: 3 payments, $0.00; short MEXC: 3 payments, +$14.16.
  • OK: Entry gap works for you+0.082% vs −0.134%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$214K vs $3.6M OI
    Bitget sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBitget Yes · MEXC Yes
    KYC mandatory since Sep 2023; 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+0.0092%/8h × 21 periods+$19.41
Price spread+0.082% → −0.134% (7d avg)+$21.58
Slippage, 4 orderslive order books−$89.09
Fee Bitget bp × 2 orders−$12.00
Fee MEXC bp × 2 orders$0.00
Net · 7 days · $10k−$60.11
Costs to cover1.011%Break-even28.7 days
Slippage: Bitget: live order book, 11 min ago; MEXC: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBitget12.9543.1 bp−$4385.5 bp−$855doesn’t fitdoesn’t fit
SELL · SHORTMEXC12.9513.0 bp−$1344.6 bp−$446193.5 bp−$19.4K284.2 bp−$142.1K

Closing costs about the same again.

Alert

BKNG news

posts that mention BKNG, from every exchangeSearch all news →
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09-24 14:13AvantisListingnew market BKNG/USD ($BKNG) seen by our collector