Settings8H · net · $10k
My profile
Funding arb · Price arb / RWA

JP225

RWAAll JP225 markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
MEXCJP225_USDT
57,472+0.0796pay 0.0796% / 8h3h 51m$585K$311K50xLong MEXC
SHORT
BingXNCSINIKKEI2252USD-USDT
57,240+0.0757get 0.0757% / 8h3h 51m$936K$5.8M—Short BingX
Price gap−0.404%
Funding gap−0.0039% /8h

Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.206% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$5−0.0039% /8h now · paid +0.047% over the last 7D
Price−$21spread −0.404% now, avg −0.198% → −0.206% if it goes back
Costs−$1121.118% of $10k · taker + slippage, in and out
Result−$128−1.28%no points

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−0.404%
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 · 4 to watch
  • Watch: Thin at this size39.0 / 6.9 bp
    At $10k entering MEXC costs 39.0 bp, fee and slippage, 5.7× BingX’s.
  • Note: Margin at max leverage$200 + —
    MEXC 50x, BingX —. 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: −$1.17Long MEXC: 3 payments, −$23.88; short BingX: 3 payments, +$22.71.
  • Watch: Gap narrower than usual−0.404% vs −0.198%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Long leg is thinner$585K vs $936K OI
    MEXC sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCMEXC Yes · BingX Yes
    KYC before trading since Feb 2026; unverified accounts see market data only.

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−0.404% → −0.198% (7d avg)−$20.56
Slippage, 4 orderslive order books−$93.76
Fee MEXC bp × 2 orders−$8.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$127.67
Costs to cover1.118%Break-even199.0 days
Slippage: MEXC: live order book, 26 min ago; BingX: live order book, 9 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGMEXC10.2239.0 bp−$39112.6 bp−$1,126350.0 bp−$35.0Kdoesn’t fit
SELL · SHORTBingX1.496.9 bp−$77.5 bp−$7511.5 bp−$1,15328.6 bp−$14.3K

Closing costs about the same again.

Alert

JP225 news

posts that mention JP225 or Nikkei 225, from every exchange
10-12 18:20Aftermath PerpsListingnew market JP225USD ($JP225) seen by our collector
09-24 04:30OKXOtherGlobal 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 ↗