POET

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BitgetPOETUSDT	7.5350	0	0.0000% / 8h	4h 13m	$419K	$112K	20x	Long Bitget
SHORT	MEXCPOETSTOCK_USDT	7.5480	+0.1934	get 0.1934% / 8h	4h 13m	$365K	$95K	20x	Short MEXC

Price gap+0.173%

Funding gap+0.1934% /8h

Both sides work: funding pays +$58 a day on $10k, and the gap is 0.170% above its 7d average: +$17 more if it goes back.

If you open now and hold

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

Funding+$105+0.1934% /8h now · paid +1.050% over the last 7D

Price+$17spread +0.173% now, avg +0.002% → +0.170% if it goes back

Costs−$2302.298% of $10k · taker + slippage, in and out

Result−$108−1.08%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 +1.050% in total, about +0.0500%/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+0.173%

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

2 ok · 3 to watch

Watch: Thin at this size88.5 / 33.6 bp
At $10k entering Bitget costs 88.5 bp, fee and slippage, 2.6× 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: +$58.02Long Bitget: 3 payments, $0.00; short MEXC: 3 payments, +$58.02.
OK: Entry gap works for you+0.173% vs +0.002%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$365K vs $419K OI
MEXC 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+0.0500%/8h × 21 periods+$104.99

Price spread+0.173% → +0.002% (7d avg)+$17.01

Slippage, 4 orderslive order books−$209.77

Fee Bitget bp × 2 orders−$12.00

Fee MEXC bp × 2 orders−$8.00

Net · 7 days · $10k−$107.77

Costs to cover2.298%Break-even14.2 days

Slippage: Bitget: live order book, 16 min ago; MEXC: live order book, 24 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBitget40.2888.5 bp−$89108.4 bp−$1,084doesn’t fitdoesn’t fit

SELL · SHORTMEXC25.0733.6 bp−$3478.2 bp−$782234.2 bp−$23.4Kdoesn’t fit

Closing costs about the same again.