JNJ

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXNCSKJNJ2USD-USDT	253.74	+0.0467	pay 0.0467% / 8h	1h 40m	$987K	$1.6M	—	Long BingX
SHORT	OKXJNJ-USDT-SWAP	253.75	+0.0495	get 0.0495% / 8h	1h 40m	$167K	$224K	10x	Short OKX

Price gap+0.004%

Funding gap+0.0028% /8h

Funding trade: +$1 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

If you open now and hold

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

Funding−$1+0.0028% /8h now · paid −0.007% over the last 7D

Price$0spread +0.004% now, avg +0.004% → 0.000% if it goes back

Costs−$1801.800% of $10k · taker + slippage, in and out

Result−$181−1.81%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+0.004%

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

JNJ on 5 exchanges

lowest funding first

Before you open

1 ok · 3 to watch

Watch: Thin at this size23.7 / 54.3 bp
At $10k entering OKX costs 54.3 bp, fee and slippage, 2.3× BingX’s.
Note: Margin at max leverage— + $1,000
BingX —, OKX 10x. 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: +$0.85Long BingX: 3 payments, −$14.01; short OKX: 3 payments, +$14.86.
Note: Gap at its usual level+0.004% vs +0.004%
The price leg adds little either way.
Watch: Short leg is thinner$167K vs $987K OI
OKX sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBingX Yes · OKX 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−0.0003%/8h × 21 periods−$0.71

Price spread+0.004% → +0.004% (7d avg)+$0.01

Slippage, 4 orderslive order books−$160.00

Fee BingX bp × 2 orders−$10.00

Fee OKX bp × 2 orders−$10.00

Net · 7 days · $10k−$180.70

Costs to cover1.800%Break-evennever at this rate

Slippage: BingX: live order book, 6 min ago; OKX: live order book, 10 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBingX2.9623.7 bp−$24373.2 bp−$3,732706.1 bp−$70.6K1127.9 bp−$563.9K

SELL · SHORTOKX3.1554.3 bp−$54doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

JNJ