Funding you earn now, next payment 04:00 UTC−0.0838%/8h= −91.8% APRnext payment −$4.19 per $10,000 · paid last 24h −0.131%
Price spread now: KuCoin against MEXC−0.082%7-day average −0.284% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,598as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,556as in the Price arb table
costs, in and out, $10k−$1,57615.761% of the position
Funding, last 7 days−0.220%−$22 on $10k
+Price spread, last 4 days (all we have)+0.016%+$2 · spread now −0.082%, 7d avg −0.284%
=The price spread pays, funding is against you. KuCoin is 0.201% dearer against MEXC than usual: you sell high and buy low (spread −0.082% now, against its 7-day average of −0.284%): +$20 on $10k if it goes back. Holding the pair costs −$25 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 7 days (−0.220% in total) that is about 6.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.220% in total (about -11.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.19 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ACU_USDT | 0.1212 | 0.0938 | pay 0.0469% / 4h | 3h 53m | $13.8M | $342K | 50x |
| Short | KuCoin ACUUSDTM | 0.1211 | 0.0100 | get 0.0050% / 4h | 3h 53m | $561K | $31K | 10x |
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
- −$175.98
- Price spread: −0.082% → −0.284%
- $20.15
- Slippage, 4 orders
- −$1,560.08
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,731.91
- Costs to cover
- 15.761%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; KuCoin: live order book, 69 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, 5 min ago | 1.65 bp | 25.1 bp −$25 | 85.9 bp −$859 | 418.2 bp −$41.8K | doesn't fit |
| Sell KuCoin live order book, 69 min ago | 26.15 bp | 664.7 bp −$665 | doesn't fit | doesn't fit | doesn't fit |
ACU on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ACUUSDT | +0.0100% | 4h | 0.1210 | −0.157% | $830K | $583K | 13x | as long as short |
| OKX ACU-USDT-SWAP | +0.0100% | 4h | 0.1212 | −0.016% | $221K | $262K | 10x | as long as short |
| Gate ACU_USDT | +0.0100% | 4h | 0.1211 | −0.115% | $172K | $15K | 10x | as long as short |
| KuCoin ACUUSDTMshort | +0.0100% | 4h | 0.1211 | −0.082% | $561K | $31K | 10x | |
| SunX ACU-USDT | +0.0100% | 4h | 0.1210 | −0.223% | $1K | $1.1M | 20x | as long as short |
| Bitget ACUUSDT | +0.0540% | 4h | 0.1212 | −0.049% | $254K | $224K | 10x | as long as short |
| Aster ACUUSDT | +0.0694% | 4h | 0.1211 | −0.120% | $2K | $4K | 5x | as long as short |
| BingX ACU-USDT | +0.0874% | 4h | 0.1212 | −0.058% | — | $1.3M | — | as long as short |
| MEXC ACU_USDTlong | +0.0938% | 4h | 0.1212 | long leg | $13.8M | $342K | 50x | |
| Binance ACUUSDT | +0.0938% | 4h | 0.1212 | −0.041% | $2.5M | $1.4M | 10x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ACU-USDT | +0.0984% | 4h | 0.1213 | +0.033% | $117K | $60K | 10x | as long as short |
MEXC ACU_USDT
KuCoin ACUUSDTM
Bybit ACUUSDT
OKX ACU-USDT-SWAP
Gate ACU_USDT
SunX ACU-USDT
Bitget ACUUSDT
Aster ACUUSDT
BingX ACU-USDT
Binance ACUUSDT
BloFin ACU-USDT