NICKEL

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXNCCONICKEL2USD-USDT	15,686.3	−0.0002	get 0.0002% / 8h	4h 42m	$474K	$535K	—	Long BingX
SHORT	MEXCNICKEL_USDT	15,680	+0.0001	get 0.0001% / 8h	4h 42m	$260K	$1.3M	20x	Short MEXC

Price gap−0.040%

Funding gap+0.0003% /8h

Funding is ≈ 0 and the gap is at its 7d average: nothing to capture right now.

If you open now and hold

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

Funding−$2+0.0003% /8h now · paid −0.017% over the last 7D

Price$0spread −0.040% now, avg −0.036% → −0.004% if it goes back

Costsno datano order book for BingX

Result, before costs−$2−0.02%no pointscosts unknown: no order book for BingX · What 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−0.040%

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

NICKEL on 3 exchanges

lowest funding first

Before you open

1 ok · 2 to watch

Note: Order book unknown—
No order-book sample for BingX: its slippage is not counted.
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 interval8h / 8h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$0.09Long BingX: 3 payments, +$0.06; short MEXC: 3 payments, +$0.03.
Note: Gap at its usual level−0.040% vs −0.036%
The price leg adds little either way.
Watch: Short leg is thinner$260K vs $474K 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−0.0008%/8h × 21 periods−$1.71

Price spread−0.040% → −0.036% (7d avg)−$0.36

Slippage, 4 ordersno data for BingX—

Fee BingX bp × 2 orders−$10.00

Fee MEXC bp × 2 orders$0.00

Net, fees only · 7 days · $10k−$12.07

Costs to cover0.100%Break-evennever at this rate

Slippage: BingX: no order-book sample; MEXC: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBingX—————

SELL · SHORTMEXC0.000.1 bp$026.5 bp−$265246.8 bp−$24.7Kdoesn’t fit

Closing costs about the same again.
BingX: no data.