NVD

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	MEXCNVD_USDT	3.2900	−0.0200	get 0.0200% / 8h	53m 39s	$167K	$130K	20x	Long MEXC
SHORT	BingXNCSKNVD2USD-USDT	3.3000	−0.0200	pay 0.0200% / 8h	53m 39s	$978K	$869K	—	Short BingX

Price gap+0.304%

Funding gap0.0000% /8h

Funding is ≈ 0, so this is a price-spread trade: +$11 on $10k if the gap goes back to its 7d average.

If you open now and hold

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

Funding−$30.0000% /8h now · paid −0.032% over the last 7D

Price+$11spread +0.304% now, avg +0.198% → +0.106% if it goes back

Costsno datano order book for BingX

Result, before costs+$7+0.07%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+0.304%

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

NVD on 2 exchanges

lowest funding first

Before you open

2 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: $0.00Long MEXC: 3 payments, +$6.00; short BingX: 3 payments, −$6.00.
OK: Entry gap works for you+0.304% vs +0.198%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$167K vs $978K 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−0.0015%/8h × 21 periods−$3.23

Price spread+0.304% → +0.198% (7d avg)+$10.59

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−$2.64

Costs to cover0.100%Break-evenfrom the start

Slippage: MEXC: live order book, 21 min ago; BingX: no order-book sample

Cost to enter

taker + slippage from mid, one side

BUY · LONGMEXC15.18141.9 bp−$142219.0 bp−$2,190282.2 bp−$28.2Kdoesn’t fit

SELL · SHORTBingX—————

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

NVD