SMIC

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	MEXCSMICSTOCK_USDT	7.9090	0	0.0000% / 8h	54m 10s	$198K	$97K	20x	Long MEXC
SHORT	BitgetSMICUSDT	7.9140	0	0.0000% / 8h	54m 10s	$332K	$92K	5x	Short Bitget

Price gap+0.063%

Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is at its 7d average: nothing to capture right now.

If you open now and hold

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

Funding$00.0000% /8h now · paid 0.000% over the last 7D

Price−$2spread +0.063% now, avg +0.082% → −0.019% if it goes back

Costs−$3283.280% of $10k · taker + slippage, in and out

Result−$330−3.30%no pointsWhat 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+0.063%

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

SMIC on 6 exchanges

lowest funding first

Before you open

1 ok · 3 to watch

Watch: Thin at this size28.0 / 149.2 bp
At $10k entering Bitget costs 149.2 bp, fee and slippage, 5.3× MEXC’s.
Note: Margin at max leverage$500 + $2,000
MEXC 20x, Bitget 5x. 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, $0.00; short Bitget: 3 payments, $0.00.
Note: Gap at its usual level+0.063% vs +0.082%
The price leg adds little either way.
Watch: Long leg is thinner$198K vs $332K OI
MEXC sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCMEXC Yes · Bitget 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 earned0.0000%/8h × 21 periods$0.00

Price spread+0.063% → +0.082% (7d avg)−$1.91

Slippage, 4 orderslive order books−$316.03

Fee MEXC bp × 2 orders$0.00

Fee Bitget bp × 2 orders−$12.00

Net · 7 days · $10k−$329.95

Costs to cover3.280%Break-evennever at this rate

Slippage: MEXC: live order book, 20 min ago; Bitget: live order book, 12 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGMEXC25.9028.0 bp−$2855.0 bp−$550224.6 bp−$22.5Kdoesn’t fit

SELL · SHORTBitget17.67149.2 bp−$149195.1 bp−$1,951doesn’t fitdoesn’t fit

Closing costs about the same again.