COP

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXNCSKCOP2USD-USDT	128.03	−0.1130	get 0.1130% / 8h	54m 40s	$957K	$1.6M	—	Long BingX
SHORT	MEXCCOPSTOCK_USDT	128.31	−0.1540	pay 0.1540% / 8h	54m 40s	$599K	$174K	50x	Short MEXC

Price gap+0.219%

Funding gap−0.0410% /8h

The gap pays +$20 on $10k if it goes back to its 7d average, but funding costs $12 a day and eats that in about 38 hours.

If you open now and hold

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

Funding+$25−0.0410% /8h now · paid +0.250% over the last 7D

Price+$20spread +0.219% now, avg +0.022% → +0.197% if it goes back

Costs−$1851.850% of $10k · taker + slippage, in and out

Result−$140−1.40%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 +0.250% in total, about +0.0119%/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+0.219%

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

COP on 4 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

Watch: Thin at this size101.4 / 19.5 bp
At $10k entering BingX costs 101.4 bp, fee and slippage, 5.2× MEXC’s.
Note: Margin at max leverage— + $200
BingX —, MEXC 50x. 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: −$12.30Long BingX: 3 payments, +$33.90; short MEXC: 3 payments, −$46.20.
OK: Entry gap works for you+0.219% vs +0.022%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$599K vs $957K 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+0.0119%/8h × 21 periods+$24.97

Price spread+0.219% → +0.022% (7d avg)+$19.68

Slippage, 4 orderslive order books−$175.01

Fee BingX bp × 2 orders−$10.00

Fee MEXC bp × 2 orders$0.00

Net · 7 days · $10k−$140.36

Costs to cover1.850%Break-even46.3 days

Slippage: BingX: live order book, 12 min ago; MEXC: live order book, 41 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBingX7.80101.4 bp−$101173.0 bp−$1,730373.1 bp−$37.3K903.2 bp−$451.6K

SELL · SHORTMEXC19.5319.5 bp−$2030.3 bp−$303177.1 bp−$17.7Kdoesn’t fit

Closing costs about the same again.

COP