Funding you earn now, next payment 04:00 UTC−0.0126%/8h= −13.8% APRnext payment −$0.63 per $10,000 · paid last 24h +0.018%
Price spread now: KuCoin against MEXC−0.184%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1321.319% of the position
Funding, last 7 days+0.347%+$35 on $10k
+Price spread, last 7 days+0.247%+$25 · spread now −0.184%, 7d avg −0.043%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 0.141% cheaper against MEXC than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.043%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.347%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC 4_USDT | 0.02172 | 0.0648 | pay 0.0324% / 4h | 3h 37m | $1.9M | $844K | 100x |
| Short | KuCoin 4USDTM | 0.02168 | 0.0522 | get 0.0261% / 4h | 3h 37m | $941K | $12.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against MEXC. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$26.46
- Price spread: −0.184% → −0.043%
- −$14.14
- Slippage, 4 orders
- −$115.87
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$172.47
- Costs to cover
- 1.319%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; KuCoin: live order book, 11 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 4 min ago | 2.30 bp | 13.4 bp −$13 | 104.3 bp −$1,043 | 267.8 bp −$26.8K | doesn't fit |
| Sell KuCoin live order book, 11 min ago | 2.32 bp | 34.6 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
4 on 9 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni 4 | +0.0100% | 4h | 0.02172 | +0.021% | $50K | $8K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.02169 | −0.138% | $2K | $1.1M | 20x | as long as short |
| Bybit 4USDT | +0.0191% | 4h | 0.02169 | −0.147% | $2.9M | $1.7M | 5x | as long as short |
| Aster 4USDT | +0.0493% | 4h | 0.02167 | −0.230% | $248K | $95K | 5x | as long as short |
| KuCoin 4USDTMshort | +0.0522% | 4h | 0.02168 | −0.184% | $941K | $12.8M | 20x | |
| BingX 4-USDT | +0.0614% | 4h | 0.02172 | −0.009% | — | $1.4M | — | as long as short |
| Binance 4USDT | +0.0648% | 4h | 0.02173 | +0.028% | $8.4M | $11.2M | 20x | as long as short |
| MEXC 4_USDTlong | +0.0648% | 4h | 0.02172 | long leg | $1.9M | $844K | 100x | |
| Gate 4_USDT | +0.1424% | 4h | 0.02168 | −0.203% | $593K | $242K | 20x | as long as short |
MEXC 4_USDT
KuCoin 4USDTM
Variational Omni 4
SunX 4-USDT
Bybit 4USDT
Aster 4USDT
BingX 4-USDT
Binance 4USDT
Gate 4_USDT