Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / RWA

NICKEL

RWAAll NICKEL markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
MEXCNICKEL_USDT
15,701+0.0017pay 0.0017% / 8h3h 47m$258K$1.3M20xLong MEXC
SHORT
BingXNCCONICKEL2USD-USDT
15,708.7−0.0004pay 0.0004% / 8h3h 47m$474K$540K—Short BingX
Price gap+0.049%
Funding gap−0.0021% /8h

Funding costs $1 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+$2−0.0021% /8h now · paid +0.017% over the last 7D
Price+$1spread +0.049% now, avg +0.039% → +0.010% if it goes back
Costsno datano order book for BingX
Result, before costs+$3+0.03%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 · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.049%
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 + —
    MEXC 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: −$0.63Long MEXC: 3 payments, −$0.51; short BingX: 3 payments, −$0.12.
  • Note: Gap at its usual level+0.049% vs +0.039%
    The price leg adds little either way.
  • Watch: Long leg is thinner$258K vs $474K OI
    MEXC sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCMEXC Yes · BingX Yes
    KYC before trading since Feb 2026; unverified accounts see market data only.

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+0.049% → +0.039% (7d avg)+$0.99
Slippage, 4 ordersno data for BingX—
Fee MEXC bp × 2 orders$0.00
Fee BingX bp × 2 orders−$10.00
Net, fees only · 7 days · $10k−$7.31
Costs to cover0.100%Break-even36.9 days
Slippage: MEXC: live order book, 4 min ago; BingX: no order-book sample

Cost to enter

taker + slippage from mid, one side
BUY · LONGMEXC0.000.1 bp$024.1 bp−$241248.3 bp−$24.8Kdoesn’t fit
SELL · SHORTBingX—————

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

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