Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG23.71000.0000% / 8h1h 40m$2.6M$92K20xLong MEXC
SHORT23.570+0.0050get 0.0050% / 8h1h 40m$959K$1.2M—Short BingX
Price gap−0.590%
Funding gap+0.0050% /8h

Funding pays +$2 a day on $10k, but the gap is 0.219% under its 7d average: −$22 if it goes back, about 15 days of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$13+0.0050% /8h now · paid +0.126% over the last 7D
Price−$22spread −0.590% now, avg −0.372% → −0.219% if it goes back
Costs−$5355.348% of $10k · taker + slippage, in and out

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.590%
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

SONY on 10 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Thin at this size217.2 / 30.6 bp
    At $10k entering MEXC costs 217.2 bp, fee and slippage, 7.1× BingX’s.
  • Note: Margin at max leverage$500 + —
    MEXC 20x, BingX —. 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 MEXC: 3 payments, $0.00; short BingX: 3 payments, +$1.50.
  • Watch: Gap narrower than usual−0.590% vs −0.372%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thinner$959K vs $2.6M OI
    BingX sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCMEXC Yes · BingX 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+0.0060%/8h × 21 periods+$12.63
Price spread−0.590% → −0.372% (7d avg)−$21.86
Slippage, 4 orderslive order books−$524.81
Fee MEXC bp × 2 orders$0.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$544.04
Costs to cover5.348%Break-even308.5 days
Slippage: MEXC: live order book, 6 min ago; BingX: live order book, 20 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGMEXC10.54217.2 bp−$217495.6 bp−$4,956732.8 bp−$73.3Kdoesn’t fit
SELL · SHORTBingX19.1030.6 bp−$3198.4 bp−$984591.0 bp−$59.1K1108.9 bp−$554.5K

Closing costs about the same again.

Alert

SONY news

posts that mention SONY or Sony, from every exchangeSearch all news →
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09-21 19:50PhemexContestTrade the market. Spin for more. 🎁 Lucky Draw #11 brings $50,000 in rewards, including an iPhone Duo, a Sony α7 IV, $USDT TRADING bonuses, and vouchers. Complete Perps Trading tasks to earn spins. Every eligible participant wins. 👇 Live Sep 21–Oct 5 UTC @Phemex_official on X ↗