POET

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXNCSKPOET2USD-USDT	7.8590	+0.1980	pay 0.1980% / 8h	1h 40m	$926K	$1.3M	—	Long BingX
SHORT	MEXCPOETSTOCK_USDT	7.8220	+0.3414	get 0.3414% / 8h	1h 40m	$381K	$98K	20x	Short MEXC

Price gap−0.471%

Funding gap+0.1434% /8h

Funding pays +$43 a day on $10k, but the gap is 0.335% under its 7d average: −$34 if it goes back, about 19 hours of funding.

If you open now and hold

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

Funding−$52+0.1434% /8h now · paid −0.517% over the last 7D

Price−$34spread −0.471% now, avg −0.135% → −0.335% if it goes back

Costs−$2822.820% of $10k · taker + slippage, in and out

Result−$367−3.67%no pointsWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far above what this pair has been paying: over the last 7 days it paid −0.517% in total, about −0.0246%/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−0.471%

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

POET on 6 exchanges

lowest funding first

Before you open

1 ok · 4 to watch

Watch: Thin at this size99.5 / 40.2 bp
At $10k entering BingX costs 99.5 bp, fee and slippage, 2.5× 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: +$43.02Long BingX: 3 payments, −$59.40; short MEXC: 3 payments, +$102.42.
Watch: Gap narrower than usual−0.471% vs −0.135%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$381K vs $926K OI
MEXC 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−0.0246%/8h × 21 periods−$51.69

Price spread−0.471% → −0.135% (7d avg)−$33.53

Slippage, 4 orderslive order books−$272.05

Fee BingX bp × 2 orders−$10.00

Fee MEXC bp × 2 orders$0.00

Net · 7 days · $10k−$367.27

Costs to cover2.820%Break-evennever at this rate

Slippage: BingX: live order book, 4 min ago; MEXC: live order book, 50 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBingX9.5499.5 bp−$100doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTMEXC39.0340.2 bp−$4047.1 bp−$471203.7 bp−$20.4Kdoesn’t fit

Closing costs about the same again.