SPOT

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXNCSKSPOT2USD-USDT	484.70	+0.0050	pay 0.0050% / 8h	1h 41m	$997K	$1.2M	—	Long BingX
SHORT	MEXCSPOTSTOCK_USDT	483.04	0	0.0000% / 8h	1h 41m	$753K	$90K	20x	Short MEXC

Price gap−0.342%

Funding gap−0.0050% /8h

Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.231% 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−$11−0.0050% /8h now · paid −0.105% over the last 7D

Price−$23spread −0.342% now, avg −0.111% → −0.231% if it goes back

Costs−$4234.226% of $10k · taker + slippage, in and out

Result−$456−4.56%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−0.342%

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

SPOT on 5 exchanges

lowest funding first

Before you open

1 ok · 4 to watch

Watch: Thin at this size105.6 / 132.8 bp
At $10k entering MEXC costs 132.8 bp, fee and slippage, 1.3× BingX’s.
Note: Margin at max leverage— + $500
BingX —, 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: −$1.50Long BingX: 3 payments, −$1.50; short MEXC: 3 payments, $0.00.
Watch: Gap narrower than usual−0.342% vs −0.111%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$753K vs $997K OI
MEXC sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBingX Yes · MEXC 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−0.0050%/8h × 21 periods−$10.50

Price spread−0.342% → −0.111% (7d avg)−$23.13

Slippage, 4 orderslive order books−$412.59

Fee BingX bp × 2 orders−$10.00

Fee MEXC bp × 2 orders$0.00

Net · 7 days · $10k−$456.21

Costs to cover4.226%Break-evennever at this rate

Slippage: BingX: live order book, 1 min ago; MEXC: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBingX11.65105.6 bp−$106264.5 bp−$2,645689.4 bp−$68.9K954.2 bp−$477.1K

SELL · SHORTMEXC13.25132.8 bp−$133185.3 bp−$1,853207.1 bp−$20.7Kdoesn’t fit

Closing costs about the same again.