NET

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BinanceNETUSDT	352.83	0	0.0000% / 8h	7h 13m	$770K	$454K	20x	Long Binance
SHORT	BingXNCSKNET2USD-USDT	352.86	+0.0050	get 0.0050% / 8h	7h 13m	$972K	$1.6M	—	Short BingX

Price gap+0.008%

Funding gap+0.0050% /8h

Funding trade: +$2 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+0.0050% /8h now · paid −0.045% over the last 7D

Price−$1spread +0.008% now, avg +0.017% → −0.009% if it goes back

Costs−$770.774% of $10k · taker + slippage, in and out

Result−$83−0.83%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · loading 5m…

Entry / ExitBinance: thin, under $1M open interest · BingX: thin, under $1M open interest

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+0.008%

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

NET on 11 exchanges

lowest funding first

Before you open

1 ok · 3 to watch

Watch: Thin at this size15.7 / 25.7 bp
At $10k entering BingX costs 25.7 bp, fee and slippage, 1.6× Binance’s.
Note: Margin at max leverage$500 + —
Binance 20x, 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: +$1.50Long Binance: 3 payments, $0.00; short BingX: 3 payments, +$1.50.
Note: Gap at its usual level+0.008% vs +0.017%
The price leg adds little either way.
Watch: Long leg is thinner$770K vs $972K OI
Binance sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBinance Yes · BingX Yes
Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0021%/8h × 21 periods−$4.50

Price spread+0.008% → +0.017% (7d avg)−$0.90

Slippage, 4 orderslive order books−$59.42

Fee Binance bp × 2 orders−$8.00

Fee BingX bp × 2 orders−$10.00

Net · 7 days · $10k−$82.81

Costs to cover0.774%Break-evennever at this rate

Slippage: Binance: live order book, 13 min ago; BingX: live order book, 16 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBinance3.1215.7 bp−$1670.7 bp−$707doesn’t fitdoesn’t fit

SELL · SHORTBingX13.2025.7 bp−$2661.9 bp−$619139.3 bp−$13.9K675.8 bp−$337.9K

Closing costs about the same again.

NET