Settings8H · net · $10k
My profile
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG119.76−0.1328get 0.1328% / 8h7h 46m$1.0M$780K20xLong Bitget
SHORT120.13−0.4426pay 0.2213% / 4h3h 46m$34K$120K20xShort MEXC
Price gap+0.309%
Funding gap−0.3098% /8h

The gap pays +$26 on $10k if it goes back to its 7d average, but funding costs $93 a day and eats that in about 7 hours. At the last 7 days' pace that is about 3.2 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$56−0.3098% /8h now · paid −0.565% over the last 7D
Price+$26spread +0.309% now, avg +0.049% → +0.260% if it goes back
Costs−$3653.646% of $10k · taker + slippage, in and out
Result−$395−3.95%no points

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.565% in total, about −0.0269%/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+0.309%
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

HANMI on 12 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Thin at this size39.5 / 123.5 bp
    At $10k entering MEXC costs 123.5 bp, fee and slippage, 3.1× 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.
  • Watch: Payment intervals differ8h / 4h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$92.94Long Bitget: 3 payments, +$39.84; short MEXC: 6 payments, −$132.78.
  • OK: Entry gap works for you+0.309% vs +0.049%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thinner$34K vs $1.0M OI
    MEXC 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−0.0269%/8h × 21 periods−$56.46
Price spread+0.309% → +0.049% (7d avg)+$26.03
Slippage, 4 orderslive order books−$348.56
Fee Bitget bp × 2 orders−$12.00
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k−$394.99
Costs to cover3.646%Break-evennever at this rate
Slippage: Bitget: live order book, 9 min ago; MEXC: live order book, 19 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBitget11.2839.5 bp−$39doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTMEXC23.46123.5 bp−$124271.2 bp−$2,712doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert