FCX

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BitgetFCXUSDT	71.020	0	0.0000% / 8h	3h 14m	$130K	$28K	20x	Long Bitget
SHORT	MEXCFCXSTOCK_USDT	71.060	+0.3224	get 0.3224% / 8h	3h 14m	$2.9M	$99K	20x	Short MEXC

Price gap+0.056%

Funding gap+0.3224% /8h

Both sides work: funding pays +$97 a day on $10k, and the gap is 0.173% above its 7d average: +$17 more if it goes back.

If you open now and hold

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

Funding−$132+0.3224% /8h now · paid −1.323% over the last 7D

Price+$17spread +0.056% now, avg −0.117% → +0.173% if it goes back

Costs−$2852.848% of $10k · taker + slippage, in and out

Result−$400−4.00%no pointsWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far above what this pair has been paying: over the last 7 days it paid −1.323% in total, about −0.0630%/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+0.056%

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

FCX on 5 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

Watch: Thin at this size34.1 / 99.6 bp
At $10k entering MEXC costs 99.6 bp, fee and slippage, 2.9× 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: +$96.72Long Bitget: 3 payments, $0.00; short MEXC: 3 payments, +$96.72.
OK: Entry gap works for you+0.056% vs −0.117%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$130K vs $2.9M 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−0.0630%/8h × 21 periods−$132.34

Price spread+0.056% → −0.117% (7d avg)+$17.29

Slippage, 4 orderslive order books−$272.77

Fee Bitget bp × 2 orders−$12.00

Fee MEXC bp × 2 orders$0.00

Net · 7 days · $10k−$399.83

Costs to cover2.848%Break-evennever at this rate

Slippage: Bitget: live order book, 73 min ago; MEXC: live order book, 1 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBitget25.2534.1 bp−$3456.6 bp−$566doesn’t fitdoesn’t fit

SELL · SHORTMEXC44.9799.6 bp−$100205.3 bp−$2,053234.6 bp−$23.5Kdoesn’t fit

Closing costs about the same again.

FCX