HPQ

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXNO DATA 3 hNCSKHPQ2USD-USDT	31.450	−0.0040	get 0.0040% / 8h	53m 40s	$281K	$325K	—	Long BingX
SHORT	MEXCHPQSTOCK_USDT	31.590	+0.5090	get 0.5090% / 8h	53m 40s	$2.2M	$93K	20x	Short MEXC

Price gap+0.445%11175s

Funding gap+0.5130% /8h

Both sides work: funding pays +$154 a day on $10k, and the gap is 0.370% above its 7d average: +$37 more if it goes back.

If you open now and hold

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

Funding+$71+0.5130% /8h now · paid +0.712% over the last 7D

Price—spread +0.445%11175s now · prices read too far apart to compare

Costsno datano order book for BingX

Result, before costs—no pointsneeds both prices read together

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.712% in total, about +0.0339%/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+0.445%

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

HPQ on 2 exchanges

lowest funding first

Before you open

1 ok · 3 to watch

Note: Order book unknown—
No order-book sample for BingX: its slippage is not counted.
Note: Margin at max leverage— + $500
BingX —, 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: +$153.90Long BingX: 3 payments, +$1.20; short MEXC: 3 payments, +$152.70.
Watch: Prices read 3 h apart+0.445% vs +0.075%
Part of this gap may be the market moving.
Watch: Long leg is thinner$281K vs $2.2M OI
BingX sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBingX Yes · MEXC Yes
Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0339%/8h × 21 periods+$71.22

Price spreadprices read too far apart to compare—

Slippage, 4 ordersno data for BingX—

Fee BingX bp × 2 orders−$10.00

Fee MEXC bp × 2 orders−$4.00

Net, fees only · 7 days · $10k+$57.22

price spread not counted: prices read too far apart

Costs to cover0.140%Break-even1.4 days

Slippage: BingX: no order-book sample; MEXC: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBingX—————

SELL · SHORTMEXC31.6667.7 bp−$68207.2 bp−$2,072279.5 bp−$28.0Kdoesn’t fit

Closing costs about the same again.
BingX: no data.

HPQ