JMKE

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	GateJMKE_USDT	17.031	0	0.0000% / 8h	4h 23m	$9K	$162K	20x	Long Gate
SHORT	MEXCJMKESTOCK_USDT	17.020	0	0.0000% / 8h	4h 23m	$24K	$103K	20x	Short MEXC

Price gap−0.065%

Funding gap0.0000% /8h

Funding is ≈ 0, so this is a price-spread trade: +$4 on $10k if the gap goes back to its 7d average.

If you open now and hold

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

Funding−$1350.0000% /8h now · paid −1.352% over the last 7D

Price+$4spread −0.065% now, avg −0.106% → +0.042% if it goes back

Costs−$5065.062% of $10k · taker + slippage, in and out

Result−$637−6.37%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−0.065%

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

JMKE on 3 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

Watch: Thin at this size143.0 / 29.5 bp
At $10k entering Gate costs 143.0 bp, fee and slippage, 4.8× MEXC’s.
Note: Margin at max leverage$500 + $500
Gate 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: $0.00Long Gate: 3 payments, $0.00; short MEXC: 3 payments, $0.00.
OK: Entry gap works for you−0.065% vs −0.106%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$9K vs $24K OI
Gate 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−0.0644%/8h × 21 periods−$135.15

Price spread−0.065% → −0.106% (7d avg)+$4.15

Slippage, 4 orderslive order books−$487.20

Fee Gate bp × 2 orders−$15.00

Fee MEXC bp × 2 orders−$4.00

Net · 7 days · $10k−$637.19

Costs to cover5.062%Break-evennever at this rate

Slippage: Gate: live order book, 52 min ago; MEXC: live order book, 31 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGGate66.29143.0 bp−$143doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTMEXC17.1029.5 bp−$3058.5 bp−$585199.6 bp−$20.0Kdoesn’t fit

Closing costs about the same again.