TAIYOYUDEN

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXNCSKTAIYOYUDEN2JPY-USDT	66.390	+0.0140	pay 0.0140% / 8h	51m 31s	$989K	$1.2M	—	Long BingX
SHORT	MEXCTAIYOYUDENSTOCK_USDT	66.230	−0.0131	pay 0.0131% / 8h	51m 31s	$334K	$100K	20x	Short MEXC

Price gap−0.241%

Funding gap−0.0271% /8h

Both sides work against this direction now: funding costs $8 a day on $10k and the gap is 0.137% 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+$13−0.0271% /8h now · paid +0.134% over the last 7D

Price−$14spread −0.241% now, avg −0.104% → −0.137% if it goes back

Costs−$1,23712.374% of $10k · taker + slippage, in and out

Result−$1,238−12.38%no pointsWhat 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 +0.134% in total, about +0.0064%/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−0.241%

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

TAIYOYUDEN on 2 exchanges

lowest funding first

Before you open

1 ok · 4 to watch

Watch: Thin at this size104.3 / 240.5 bp
At $10k entering MEXC costs 240.5 bp, fee and slippage, 2.3× 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: −$8.13Long BingX: 3 payments, −$4.20; short MEXC: 3 payments, −$3.93.
Watch: Gap narrower than usual−0.241% vs −0.104%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$334K vs $989K 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+0.0064%/8h × 21 periods+$13.41

Price spread−0.241% → −0.104% (7d avg)−$13.65

Slippage, 4 orderslive order books−$1,227.44

Fee BingX bp × 2 orders−$10.00

Fee MEXC bp × 2 orders$0.00

Net · 7 days · $10k−$1,237.69

Costs to cover12.374%Break-even653.1 days

Slippage: BingX: live order book, 10 min ago; MEXC: live order book, 24 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBingX50.30104.3 bp−$104doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTMEXC13.54240.5 bp−$2411081.6 bp−$10.8K1226.4 bp−$122.6Kdoesn’t fit

Closing costs about the same again.