ETN

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BitgetETNUSDT	440.66	+0.4055	pay 0.4055% / 8h	3h 12m	$200K	$162K	20x	Long Bitget
SHORT	MEXCETNSTOCK_USDT	439.80	+0.2937	get 0.2937% / 8h	3h 12m	$690K	$116K	20x	Short MEXC

Price gap−0.195%

Funding gap−0.1118% /8h

Both sides work against this direction now: funding costs $34 a day on $10k and the gap is 0.218% 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+$127−0.1118% /8h now · paid +1.266% over the last 7D

Price−$22spread −0.195% now, avg +0.023% → −0.218% if it goes back

Costs−$1401.395% of $10k · taker + slippage, in and out

Result−$35−0.35%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−0.195%

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

ETN on 3 exchanges

lowest funding first

Before you open

1 ok · 4 to watch

Watch: Thin at this size38.8 / 30.1 bp
At $10k entering Bitget costs 38.8 bp, fee and slippage, 1.3× 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: −$33.54Long Bitget: 3 payments, −$121.65; short MEXC: 3 payments, +$88.11.
Watch: Gap narrower than usual−0.195% vs +0.023%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$200K vs $690K 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+0.0603%/8h × 21 periods+$126.65

Price spread−0.195% → +0.023% (7d avg)−$21.84

Slippage, 4 orderslive order books−$127.53

Fee Bitget bp × 2 orders−$12.00

Fee MEXC bp × 2 orders$0.00

Net · 7 days · $10k−$34.72

Costs to cover1.395%Break-even8.9 days

Slippage: Bitget: live order book, 25 min ago; MEXC: live order book, 21 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBitget24.3638.8 bp−$3980.2 bp−$802doesn’t fitdoesn’t fit

SELL · SHORTMEXC30.1030.1 bp−$3052.4 bp−$524173.4 bp−$17.3Kdoesn’t fit

Closing costs about the same again.

ETN news

posts that mention ETN, from every exchangeSearch all news →

09-24 02:00

KuCoin

Other

24H Top 5 Gainers on #KuCoin (September 24, 2026) 1. NEON - $0.04799 (+238.03%) 2. ETN - $0.003563 (+100.11%) 3. ISLAND - $0.0007608 (+68.74%) 4. GNOT - $0.1075 (+67.48%) 5. EYWA - $0.0003293 (+55.30%) Check Out and Sign Up on KuCoin! #Ku24hour @kucoincom on X ↗

ETN