TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
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
LONG10.08200.0000% / 8h4h 54m$26K$103K20xLong Bitget
SHORT10.060−0.0657pay 0.0657% / 8h4h 54m$79K$131K20xShort MEXC
Price gap−0.218%
Funding gap−0.0657% /8h

Both sides work against this direction now: funding costs $20 a day on $10k and the gap is 0.202% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$7−0.0657% /8h now · paid +0.071% over the last 4 days (all we have)
Price−$20spread −0.218% now, avg −0.016% → −0.202% if it goes back
Costs−$2272.267% of $10k · taker + slippage, in and out

The current funding rate is far below what this pair has been paying: over the last 4 days it paid +0.071% in total, about +0.0063%/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−0.218%
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

EIDO on 7 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Thin at this size44.9 / 59.5 bp
    At $10k entering MEXC costs 59.5 bp, fee and slippage, 1.3× Bitget’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: −$19.71Long Bitget: 3 payments, $0.00; short MEXC: 3 payments, −$19.71.
  • Watch: Gap narrower than usual−0.218% vs −0.016%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Long leg is thinner$26K vs $79K 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+0.0063%/8h × 21 periods+$13.13
Price spread−0.218% → −0.016% (7d avg)−$20.23
Slippage, 4 orderslive order books−$206.75
Fee Bitget bp × 2 orders−$12.00
Fee MEXC bp × 2 orders−$8.00
Net · 7 days · $10k−$233.85
Costs to cover2.267%Break-even131.7 days
Slippage: Bitget: live order book, 23 min ago; MEXC: live order book, 50 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBitget7.4444.9 bp−$45doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTMEXC14.8159.5 bp−$60184.7 bp−$1,847241.5 bp−$24.2Kdoesn’t fit

Closing costs about the same again.

Alert

EIDO news

posts that mention EIDO, from every exchangeSearch all news →
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