MP

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BitgetMPUSDT	47.930	+0.1096	pay 0.1096% / 8h	4h 15m	$431K	$550K	20x	Long Bitget
SHORT	MEXCMPSTOCK_USDT	47.930	+0.0369	get 0.0369% / 8h	4h 15m	$132K	$112K	20x	Short MEXC

Price gap0.000%

Funding gap−0.0727% /8h

The gap pays +$10 on $10k if it goes back to its 7d average, but funding costs $22 a day and eats that in about 11 hours. At the last 7 days' pace that is about 5.0 days.

If you open now and hold

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

Funding−$14−0.0727% /8h now · paid −0.136% over the last 7D

Price+$10spread 0.000% now, avg −0.096% → +0.096% if it goes back

Costs−$1161.163% of $10k · taker + slippage, in and out

Result−$120−1.20%no pointsWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.136% in total, about −0.0065%/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

Now0.000%

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

MP on 7 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

Watch: Thin at this size32.3 / 27.2 bp
At $10k entering Bitget costs 32.3 bp, fee and slippage, 1.2× MEXC’s.
Note: Margin at max leverage$500 + $500
Bitget 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: −$21.81Long Bitget: 3 payments, −$32.88; short MEXC: 3 payments, +$11.07.
OK: Entry gap works for you0.000% vs −0.096%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$132K vs $431K OI
MEXC sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBitget Yes · MEXC Yes
KYC mandatory since Sep 2023; 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−0.0065%/8h × 21 periods−$13.60

Price spread0.000% → −0.096% (7d avg)+$9.63

Slippage, 4 orderslive order books−$96.25

Fee Bitget bp × 2 orders−$12.00

Fee MEXC bp × 2 orders−$8.00

Net · 7 days · $10k−$120.23

Costs to cover1.163%Break-evennever at this rate

Slippage: Bitget: live order book, 15 min ago; MEXC: live order book, 19 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBitget5.2332.3 bp−$32110.2 bp−$1,102doesn’t fitdoesn’t fit

SELL · SHORTMEXC9.4127.2 bp−$27162.2 bp−$1,622231.2 bp−$23.1Kdoesn’t fit

Closing costs about the same again.

MP news

posts that mention MP, from every exchangeSearch all news →

10-05 04:00	SunX	Listing	SunX New Listings are LIVE. $SECZ/USDT \| Securitize @Securitize $MP/USDT \| MP Materials @MPMaterials $ACNSTOCK/USDT \| Accenture @Accenture With up to 10X leverage 📈 @SunX_DEX on X ↗
09-29 10:43	SunX	Listing	new market MP-USDT ($MP) seen by our collector
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