SUMIELEC

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXNCSKSUMIELEC2USD-USDT	15.509	−0.3654	get 0.3654% / 8h	1h 40m	$903K	$1.2M	—	Long BingX
SHORT	MEXCSUMIELECSTOCK_USDT	15.540	0	0.0000% / 8h	1h 40m	$146K	$156K	20x	Short MEXC

Price gap+0.200%

Funding gap+0.3654% /8h

Both sides work: funding pays +$110 a day on $10k, and the gap is 0.203% above its 7d average: +$20 more if it goes back.

If you open now and hold

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

Funding−$198+0.3654% /8h now · paid −1.984% over the last 7D

Price+$20spread +0.200% now, avg −0.003% → +0.203% if it goes back

Costs−$4284.281% of $10k · taker + slippage, in and out

Result−$606−6.06%no pointsWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far above what this pair has been paying: over the last 7 days it paid −1.984% in total, about −0.0945%/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+0.200%

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

SUMIELEC on 3 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

Watch: Thin at this size127.5 / 46.3 bp
At $10k entering BingX costs 127.5 bp, fee and slippage, 2.8× MEXC’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: +$109.62Long BingX: 3 payments, +$109.62; short MEXC: 3 payments, $0.00.
OK: Entry gap works for you+0.200% vs −0.003%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$146K vs $903K 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−0.0945%/8h × 21 periods−$198.42

Price spread+0.200% → −0.003% (7d avg)+$20.27

Slippage, 4 orderslive order books−$418.14

Fee BingX bp × 2 orders−$10.00

Fee MEXC bp × 2 orders$0.00

Net · 7 days · $10k−$606.28

Costs to cover4.281%Break-evennever at this rate

Slippage: BingX: live order book, 2 min ago; MEXC: live order book, 48 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBingX36.11127.5 bp−$128155.6 bp−$1,556457.8 bp−$45.8Kdoesn’t fit

SELL · SHORTMEXC35.2746.3 bp−$46163.1 bp−$1,631249.7 bp−$25.0Kdoesn’t fit

Closing costs about the same again.