FUTU

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	GateFUTUON_USDT	110.53	+0.1668	pay 0.1668% / 8h	4h 15m	$1.7M	$14K	25x	Long Gate
SHORT	MEXCFUTUSTOCK_USDT	109.52	−0.0123	pay 0.0123% / 8h	4h 15m	$754K	$126K	50x	Short MEXC

Price gap−0.914%

Funding gap−0.1791% /8h

Both sides work against this direction now: funding costs $54 a day on $10k and the gap is 0.442% 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−$100−0.1791% /8h now · paid −0.999% over the last 7D

Price−$44spread −0.914% now, avg −0.472% → −0.442% if it goes back

Costs−$1,14911.489% of $10k · taker + slippage, in and out

Result−$1,293−12.93%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 −0.999% in total, about −0.0476%/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−0.914%

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

FUTU on 6 exchanges

lowest funding first

Before you open

1 ok · 4 to watch

Watch: Thin at this size504.9 / 32.0 bp
At $10k entering Gate costs 504.9 bp, fee and slippage, 15.8× MEXC’s.
Note: Margin at max leverage$400 + $200
Gate 25x, 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: −$53.73Long Gate: 3 payments, −$50.04; short MEXC: 3 payments, −$3.69.
Watch: Gap narrower than usual−0.914% vs −0.472%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$754K vs $1.7M OI
MEXC sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCGate Yes · MEXC Yes
KYC before the futures account opens; 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−0.0476%/8h × 21 periods−$99.93

Price spread−0.914% → −0.472% (7d avg)−$44.21

Slippage, 4 orderslive order books−$1,125.92

Fee Gate bp × 2 orders−$15.00

Fee MEXC bp × 2 orders−$8.00

Net · 7 days · $10k−$1,293.06

Costs to cover11.489%Break-evennever at this rate

Slippage: Gate: live order book, 1 min ago; MEXC: live order book, 23 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGGate86.13504.9 bp−$505doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTMEXC22.0732.0 bp−$3236.7 bp−$367179.0 bp−$17.9Kdoesn’t fit

Closing costs about the same again.