Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
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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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG126.3900.0000% / 8h3h 13m$715K$16K20xLong Bitget
SHORT126.2200.0000% / 8h3h 13m$969K$101K20xShort MEXC
Price gap−0.135%
Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is 0.117% under its 7d average: the price leg works against you, −$12 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+$620.0000% /8h now · paid +0.620% over the last 7D
Price−$12spread −0.135% now, avg −0.018% → −0.117% if it goes back
Costs−$1371.367% of $10k · taker + slippage, in and out

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−0.135%
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

PEP on 6 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Thin at this size51.8 / 9.9 bp
    At $10k entering Bitget costs 51.8 bp, fee and slippage, 5.2× MEXC’s.
  • Note: Margin at max leverage$500 + $500
    Bitget 20x, 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: $0.00Long Bitget: 3 payments, $0.00; short MEXC: 3 payments, $0.00.
  • Watch: Gap narrower than usual−0.135% vs −0.018%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Long leg is thinner$715K vs $969K OI
    Bitget sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBitget Yes · MEXC Yes
    KYC mandatory since Sep 2023; 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+0.0295%/8h × 21 periods+$61.96
Price spread−0.135% → −0.018% (7d avg)−$11.65
Slippage, 4 orderslive order books−$124.66
Fee Bitget bp × 2 orders−$12.00
Fee MEXC bp × 2 orders$0.00
Net · 7 days · $10k−$86.35
Costs to cover1.367%Break-even16.8 days
Slippage: Bitget: live order book, 3 min ago; MEXC: live order book, 26 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBitget19.7851.8 bp−$5264.2 bp−$642doesn’t fitdoesn’t fit
SELL · SHORTMEXC4.369.9 bp−$1023.8 bp−$238167.7 bp−$16.8Kdoesn’t fit

Closing costs about the same again.

Alert

PEP news

posts that mention PEP or PepsiCo, from every exchangeSearch all news →
10-05 14:49BingXOther📊 BingX TradFi Weekly Watch: Fed minutes, long-bond supply and consumer earnings take the spotlight. FOMC minutes, the 10Y and 30Y Treasury auctions, PepsiCo and Delta earnings, and Michigan sentiment are all in focus this week. Which test are you watching? 👇 @BingXOfficial on X ↗
10-03 11:45BackpackOtherEarnings & macro events to watch for the week of Oct. 5. ▸ Earnings: $PEP $DAL $STZ $LEVI $APLD $PENG ▸ Macro: US ISM Services PMI, FOMC minutes Full market calendar → @Backpack on X ↗
10-03 11:40BackpackOtherEarnings & macro events to watch for the week of Oct. 5. ▸ Earnings: $PEP $DAL $STZ $LEVI $APLD $PENG ▸ Macro: US ISM Services PMI, FOMC minutes Full market calendar → @Backpack on X ↗
09-24 16:30KalshiOtherJUST IN: PepsiCo is raising prices on some chips, dips and soda @Kalshi on X ↗