JP225

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXNCSINIKKEI2252USD-USDT	57,430.6	+0.0769	pay 0.0769% / 8h	4h 00m	$936K	$5.7M	—	Long BingX
SHORT	MEXCJP225_USDT	57,543	+0.0802	get 0.0802% / 8h	4h 00m	$586K	$315K	50x	Short MEXC

Price gap+0.196%

Funding gap+0.0033% /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−$5+0.0033% /8h now · paid −0.047% over the last 7D

Price$0spread +0.196% now, avg +0.198% → −0.003% if it goes back

Costs−$1121.124% of $10k · taker + slippage, in and out

Result−$117−1.17%no points

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+0.196%

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

JP225 on 9 exchanges

lowest funding first

Before you open

1 ok · 3 to watch

Watch: Thin at this size7.2 / 58.9 bp
At $10k entering MEXC costs 58.9 bp, fee and slippage, 8.2× BingX’s.
Note: Margin at max leverage— + $200
BingX —, 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: +$0.99Long BingX: 3 payments, −$23.07; short MEXC: 3 payments, +$24.06.
Note: Gap at its usual level+0.196% vs +0.198%
The price leg adds little either way.
Watch: Short leg is thinner$586K vs $936K OI
MEXC 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−0.0022%/8h × 21 periods−$4.65

Price spread+0.196% → +0.198% (7d avg)−$0.27

Slippage, 4 orderslive order books−$94.42

Fee BingX bp × 2 orders−$10.00

Fee MEXC bp × 2 orders−$8.00

Net · 7 days · $10k−$117.35

Costs to cover1.124%Break-evennever at this rate

Slippage: BingX: live order book, 11 min ago; MEXC: live order book, 18 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBingX1.797.2 bp−$77.8 bp−$7812.0 bp−$1,20228.8 bp−$14.4K

SELL · SHORTMEXC10.2258.9 bp−$59144.9 bp−$1,449386.1 bp−$38.6Kdoesn’t fit

Closing costs about the same again.

JP225 news

posts that mention JP225 or Nikkei 225, from every exchange

10-12 18:20	Aftermath Perps	Listing	new market JP225USD ($JP225) seen by our collector
09-24 04:30	OKX	Other	Global markets. Your next move. Choose from over 180 perpetuals tracking traditional markets, including US100, US500 and JP225. More of the real world, on OKX. @okx on X ↗