NICKEL

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	GateXNI_USDT	15,625.9	0	0.0000% / 8h	53m 27s	$15K	$597	75x	Long Gate
SHORT	MEXCNICKEL_USDT	15,544.4	−0.0003	pay 0.0003% / 8h	53m 27s	$283K	$1.6M	20x	Short MEXC

Price gap−0.522%

Funding gap−0.0003% /8h

Funding is ≈ 0 and the gap is 0.522% under zero (no 7-day history yet): the price leg works against you, −$52 on $10k if it goes back.

If you open now and hold

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

Funding−$5−0.0003% /8h now · paid −0.052% over the last 7D

Price—spread −0.522% now · no price history on both exchanges yet

Costsno datano order book for Gate

Result, before costs—no pointsneeds both price histories

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−0.522%

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 2 exchanges

lowest funding first

Before you open

1 ok · 2 to watch

Note: Order book unknown—
No order-book sample for Gate: its slippage is not counted.
Note: Margin at max leverage$133 + $500
Gate 75x, 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 Gate: 3 payments, $0.00; short MEXC: 3 payments, −$0.09.
Note: No 7-day spread history−0.522%
The gap cannot be compared with its average yet.
Watch: Long leg is thinner$15K vs $283K OI
Gate sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCGate Yes · MEXC Yes
KYC before the futures account opens; 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−0.0025%/8h × 21 periods−$5.23

Price spread−0.522% → 0−$52.18

Slippage, 4 ordersno data for Gate—

Fee Gate bp × 2 orders−$15.00

Fee MEXC bp × 2 orders$0.00

Net, fees only · 7 days · $10k−$72.41

Costs to cover0.150%Break-evennever at this rate

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

Cost to enter

taker + slippage from mid, one side

BUY · LONGGate—————

SELL · SHORTMEXC21.5030.3 bp−$30183.2 bp−$1,832450.1 bp−$45.0Kdoesn’t fit

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