CCJ

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXNCSKCCJ2USD-USDT	87.590	−0.0102	get 0.0102% / 8h	1h 41m	$987K	$1.2M	—	Long BingX
SHORT	MEXCCCJSTOCK_USDT	87.660	−0.0146	pay 0.0146% / 8h	1h 41m	$240K	$94K	20x	Short MEXC

Price gap+0.080%

Funding gap−0.0044% /8h

The gap pays +$5 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 4.1 days.

If you open now and hold

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

Funding−$7−0.0044% /8h now · paid −0.072% over the last 7D

Price+$5spread +0.080% now, avg +0.025% → +0.055% if it goes back

Costs−$7827.821% of $10k · taker + slippage, in and out

Result−$784−7.84%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+0.080%

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

CCJ on 3 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

Watch: Thin at this size97.4 / 267.4 bp
At $10k entering MEXC costs 267.4 bp, fee and slippage, 2.7× BingX’s.
Note: Margin at max leverage— + $500
BingX —, 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: −$1.32Long BingX: 3 payments, +$3.06; short MEXC: 3 payments, −$4.38.
OK: Entry gap works for you+0.080% vs +0.025%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$240K vs $987K OI
MEXC sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBingX Yes · MEXC 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−0.0034%/8h × 21 periods−$7.23

Price spread+0.080% → +0.025% (7d avg)+$5.45

Slippage, 4 orderslive order books−$772.06

Fee BingX bp × 2 orders−$10.00

Fee MEXC bp × 2 orders$0.00

Net · 7 days · $10k−$783.84

Costs to cover7.821%Break-evennever at this rate

Slippage: BingX: live order book, 19 min ago; MEXC: live order book, 48 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBingX49.6997.4 bp−$97120.8 bp−$1,208354.5 bp−$35.4Kdoesn’t fit

SELL · SHORTMEXC27.99267.4 bp−$267415.4 bp−$4,154doesn’t fitdoesn’t fit

Closing costs about the same again.

CCJ