OKTA

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXNCSKOKTA2USD-USDT	217.85	+0.0050	pay 0.0050% / 8h	53m 43s	$994K	$1.2M	—	Long BingX
SHORT	MEXCOKTASTOCK_USDT	218.98	−0.1992	pay 0.1992% / 8h	53m 43s	$1.7M	$309K	20x	Short MEXC

Price gap+0.519%

Funding gap−0.2042% /8h

The gap pays +$24 on $10k if it goes back to its 7d average, but funding costs $61 a day and eats that in about 9 hours. At the last 7 days' pace that is about 12 days.

If you open now and hold

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

Funding−$14−0.2042% /8h now · paid −0.145% over the last 7D

Price+$24spread +0.519% now, avg +0.280% → +0.239% if it goes back

Costs−$1331.332% of $10k · taker + slippage, in and out

Result−$124−1.24%no pointsWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.145% in total, about −0.0069%/8h on average.

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+0.519%

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

OKTA on 7 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

Watch: Thin at this size40.5 / 11.7 bp
At $10k entering BingX costs 40.5 bp, fee and slippage, 3.5× MEXC’s.
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: −$61.26Long BingX: 3 payments, −$1.50; short MEXC: 3 payments, −$59.76.
OK: Entry gap works for you+0.519% vs +0.280%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$994K vs $1.7M OI
BingX 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−0.0069%/8h × 21 periods−$14.47

Price spread+0.519% → +0.280% (7d avg)+$23.85

Slippage, 4 orderslive order books−$123.24

Fee BingX bp × 2 orders−$10.00

Fee MEXC bp × 2 orders$0.00

Net · 7 days · $10k−$123.85

Costs to cover1.332%Break-evennever at this rate

Slippage: BingX: live order book, 8 min ago; MEXC: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBingX18.6040.5 bp−$4174.5 bp−$745579.5 bp−$58.0K1139.6 bp−$569.8K

SELL · SHORTMEXC11.6511.7 bp−$1233.7 bp−$337181.1 bp−$18.1K288.9 bp−$144.5K

Closing costs about the same again.