VEEV

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXNCSKVEEV2USD-USDT	282.89	+0.0638	pay 0.0638% / 8h	1h 41m	$920K	$1.3M	—	Long BingX
SHORT	MEXCVEEVSTOCK_USDT	284.05	+0.1251	get 0.1251% / 8h	1h 41m	$430K	$101K	20x	Short MEXC

Price gap+0.410%

Funding gap+0.0613% /8h

Both sides work: funding pays +$18 a day on $10k, and the gap is 0.128% above its 7d average: +$13 more if it goes back.

If you open now and hold

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

Funding−$66+0.0613% /8h now · paid −0.664% over the last 7D

Price+$13spread +0.410% now, avg +0.283% → +0.128% if it goes back

Costs−$1741.737% of $10k · taker + slippage, in and out

Result−$227−2.27%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+0.410%

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

VEEV on 3 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

Watch: Thin at this size60.9 / 18.5 bp
At $10k entering BingX costs 60.9 bp, fee and slippage, 3.3× 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: +$18.39Long BingX: 3 payments, −$19.14; short MEXC: 3 payments, +$37.53.
OK: Entry gap works for you+0.410% vs +0.283%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$430K vs $920K 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−0.0316%/8h × 21 periods−$66.39

Price spread+0.410% → +0.283% (7d avg)+$12.75

Slippage, 4 orderslive order books−$163.74

Fee BingX bp × 2 orders−$10.00

Fee MEXC bp × 2 orders$0.00

Net · 7 days · $10k−$227.38

Costs to cover1.737%Break-evennever at this rate

Slippage: BingX: live order book, 2 min ago; MEXC: live order book, 49 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBingX23.5160.9 bp−$6170.2 bp−$702169.7 bp−$17.0K652.1 bp−$326.0K

SELL · SHORTMEXC18.5518.5 bp−$1945.0 bp−$450178.4 bp−$17.8Kdoesn’t fit

Closing costs about the same again.