NAVER

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXNCSKNAVER2USD-USDT	143.91	+0.0100	pay 0.0050% / 4h	1h 40m	$914K	$1.3M	—	Long BingX
SHORT	MEXCNAVERSTOCK_USDT	143.89	0	0.0000% / 4h	1h 40m	$234K	$90K	20x	Short MEXC

Price gap−0.014%

Funding gap−0.0100% /8h

Funding costs $3 a day on $10k at the current rate. Swap the legs.

If you open now and hold

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

Funding−$30−0.0100% /8h now · paid −0.301% over the last 7D

Price−$1spread −0.014% now, avg −0.007% → −0.007% if it goes back

Costs−$990.988% of $10k · taker + slippage, in and out

Result−$130−1.30%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−0.014%

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

NAVER on 11 exchanges

lowest funding first

Before you open

1 ok · 3 to watch

Watch: Thin at this size24.0 / 19.2 bp
At $10k entering BingX costs 24.0 bp, fee and slippage, 1.2× MEXC’s.
Note: Margin at max leverage— + $500
BingX —, MEXC 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval4h / 4h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$3.00Long BingX: 6 payments, −$3.00; short MEXC: 6 payments, $0.00.
Note: Gap at its usual level−0.014% vs −0.007%
The price leg adds little either way.
Watch: Short leg is thinner$234K vs $914K 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−0.0144%/8h × 21 periods−$30.15

Price spread−0.014% → −0.007% (7d avg)−$0.69

Slippage, 4 orderslive order books−$88.77

Fee BingX bp × 2 orders−$10.00

Fee MEXC bp × 2 orders$0.00

Net · 7 days · $10k−$129.62

Costs to cover0.988%Break-evennever at this rate

Slippage: BingX: live order book, 3 min ago; MEXC: live order book, 48 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBingX11.8124.0 bp−$24137.7 bp−$1,377298.3 bp−$29.8K759.6 bp−$379.8K

SELL · SHORTMEXC12.5219.2 bp−$19132.2 bp−$1,322doesn’t fitdoesn’t fit

Closing costs about the same again.