EBAY

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	MEXCEBAYSTOCK_USDT	112.72	0	0.0000% / 8h	7h 18m	$581K	$102K	50x	Long MEXC
SHORT	BingXNCSKEBAY2USD-USDT	112.79	−0.0053	pay 0.0053% / 8h	7h 18m	$941K	$1.2M	—	Short BingX

Price gap+0.062%

Funding gap−0.0053% /8h

The gap pays +$5 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 3.0 days.

If you open now and hold

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

Funding−$10−0.0053% /8h now · paid −0.105% over the last 7D

Price+$5spread +0.062% now, avg +0.014% → +0.048% if it goes back

Costs−$820.817% of $10k · taker + slippage, in and out

Result−$87−0.87%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+0.062%

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

EBAY on 11 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

Watch: Thin at this size18.9 / 23.3 bp
At $10k entering BingX costs 23.3 bp, fee and slippage, 1.2× MEXC’s.
Note: Margin at max leverage$200 + —
MEXC 50x, 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: −$1.59Long MEXC: 3 payments, $0.00; short BingX: 3 payments, −$1.59.
OK: Entry gap works for you+0.062% vs +0.014%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$581K vs $941K OI
MEXC 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−0.0050%/8h × 21 periods−$10.50

Price spread+0.062% → +0.014% (7d avg)+$4.84

Slippage, 4 orderslive order books−$71.71

Fee MEXC bp × 2 orders$0.00

Fee BingX bp × 2 orders−$10.00

Net · 7 days · $10k−$87.37

Costs to cover0.817%Break-evennever at this rate

Slippage: MEXC: live order book, 51 min ago; BingX: live order book, 2 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGMEXC8.8718.9 bp−$19183.2 bp−$1,832219.5 bp−$21.9Kdoesn’t fit

SELL · SHORTBingX3.9923.3 bp−$23115.2 bp−$1,152749.9 bp−$75.0K1149.5 bp−$574.7K

Closing costs about the same again.