SOFTBANK

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	tradeXYZxyz:SOFTBANK	39.458	+0.2397	pay 0.0300% / 1h	11m 32s	$1.3M	$193K	10x	Long tradeXYZ
SHORT	MEXCSOFTBANKSTOCK_USDT	39.729	−0.2898	pay 0.2898% / 8h	4h 11m	$734K	$98K	20x	Short MEXC

Price gap+0.687%

Funding gap−0.5295% /8h

The gap pays +$88 on $10k if it goes back to its 7d average, but funding costs $159 a day and eats that in about 13 hours.

If you open now and hold

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

Funding+$53−0.5295% /8h now · paid +0.527% over the last 7D

Price+$88spread +0.687% now, avg −0.194% → +0.881% if it goes back

Costs−$1361.364% of $10k · taker + slippage, in and out

Result+$4+0.04%+ Points / potential airdroptradeXYZ: points · farm boardWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.527% in total, about +0.0251%/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+0.687%

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

SOFTBANK on 8 exchanges

lowest funding first

Before you open

2 ok · 4 to watch

Watch: Thin at this size6.5 / 46.3 bp
At $10k entering MEXC costs 46.3 bp, fee and slippage, 7.1× tradeXYZ’s.
Note: Margin at max leverage$1,000 + $500
tradeXYZ 10x, MEXC 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 8h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$158.85Long tradeXYZ: 24 payments, −$71.91; short MEXC: 3 payments, −$86.94.
OK: Entry gap works for you+0.687% vs −0.194%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$734K vs $1.3M OI
MEXC sets your exit cost. Check its book before closing.
OK: Points on a legtradeXYZ points
Volume here counts toward the points program.
Watch: KYCtradeXYZ No · MEXC 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 earned+0.0251%/8h × 21 periods+$52.73

Price spread+0.687% → −0.194% (7d avg)+$88.09

Slippage, 4 orderslive order books−$126.57

Fee tradeXYZ bp × 2 orders−$1.80

Fee MEXC bp × 2 orders−$8.00

Net · 7 days · $10k+$4.45

Costs to cover1.364%Break-even6.4 days

Slippage: tradeXYZ: live order book, 9 min ago; MEXC: live order book, 27 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGtradeXYZ3.676.5 bp−$6148.4 bp−$1,484doesn’t fitdoesn’t fit

SELL · SHORTMEXC29.2746.3 bp−$46302.3 bp−$3,023522.3 bp−$52.2Kdoesn’t fit

Closing costs about the same again.