SMR

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXNCSKSMR2USD-USDT	4.3590	+0.0050	pay 0.0050% / 8h	2h 03m	$902K	$752K	—	Long BingX
SHORT	BitgetSMRUSDT	4.3510	0	0.0000% / 8h	2h 03m	$101K	$756K	20x	Short Bitget

Price gap−0.184%

Funding gap−0.0050% /8h

Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.303% under its 7d average. Swap the legs.

If you open now and hold

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

Funding−$25−0.0050% /8h now · paid −0.254% over the last 7D

Price−$30spread −0.184% now, avg +0.119% → −0.303% if it goes back

Costs−$4784.784% of $10k · taker + slippage, in and out

Result−$534−5.34%no points

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−0.184%

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

SMR on 9 exchanges

lowest funding first

Before you open

1 ok · 4 to watch

Watch: Thin at this size43.7 / 257.0 bp
At $10k entering Bitget costs 257.0 bp, fee and slippage, 5.9× BingX’s.
Note: Margin at max leverage— + $500
BingX —, Bitget 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: −$1.50Long BingX: 3 payments, −$1.50; short Bitget: 3 payments, $0.00.
Watch: Gap narrower than usual−0.184% vs +0.119%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$101K vs $902K OI
Bitget sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBingX Yes · Bitget 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−0.0121%/8h × 21 periods−$25.41

Price spread−0.184% → +0.119% (7d avg)−$30.26

Slippage, 4 orderslive order books−$456.37

Fee BingX bp × 2 orders−$10.00

Fee Bitget bp × 2 orders−$12.00

Net · 7 days · $10k−$534.04

Costs to cover4.784%Break-evennever at this rate

Slippage: BingX: live order book, 2 min ago; Bitget: live order book, 51 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBingX13.8043.7 bp−$44385.6 bp−$3,856807.7 bp−$80.8K1193.0 bp−$596.5K

SELL · SHORTBitget14.90257.0 bp−$257454.9 bp−$4,549doesn’t fitdoesn’t fit

Closing costs about the same again.

SMR news

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SMR