Funding you earn now, next payment 04:00 UTC+0.0324%/8h= +35.5% APRnext payment +$1.62 per $10,000 · paid last 24h +0.235%
Price spread now: MEXC against KuCoin+0.172%7-day average +0.246% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,672as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,700as in the Price arb table
costs, in and out, $10k−$1,69316.925% of the position
Funding, last 7 days+0.207%+$21 on $10k
+Price spread, last 4 days (all we have)−0.077%−$8 · spread now +0.172%, 7d avg +0.246%
=Funding pays, the price is against you. MEXC is 0.074% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.172% now, against its 7-day average of +0.246%). If the spread goes back, that is −$7 on $10k: about 18 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.207% in total) that is about 2.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.207% in total (about 10.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.62 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 | KuCoin ALCHUSDTM | 0.05246 | 0.1754 | pay 0.0877% / 4h | 3h 54m | $1.3M | $244K | 10x |
| Short | MEXC ALCH_USDT | 0.05255 | 0.2078 | get 0.1039% / 4h | 3h 54m | $5.1M | $2.2M | 100x |
KuCoin ALCHUSDTM
MEXC ALCH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against KuCoin. 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
- $68.04
- Price spread: +0.172% → +0.246%
- −$7.43
- Slippage, 4 orders
- −$1,676.53
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$1,631.93
- Costs to cover
- 16.925%
- Break-even
- 174.9 days
Slippage from KuCoin: live order book, 11 min ago; MEXC: live order book, 3 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 KuCoin live order book, 11 min ago | 19.09 bp | 978.8 bp −$979 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 19.93 bp | 24.6 bp −$25 | 116.1 bp −$1,161 | 168.3 bp −$16.8K | 419.2 bp −$209.6K |
ALCH 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX ALCH-USDT | +0.0070% | 4h | 0.05247 | +0.019% | — | $6.7M | — | as long as short |
| Bybit ALCHUSDT | +0.0100% | 4h | 0.05242 | −0.076% | $3.3M | $5.3M | 20x | as long as short |
| Gate ALCH_USDT | +0.0100% | 4h | 0.05247 | +0.019% | $284K | $623K | 20x | as long as short |
| Bitget ALCHUSDT | +0.0100% | 4h | 0.05256 | +0.191% | $981K | $1.4M | 10x | as long as short |
| Variational Omni ALCH | +0.0100% | 4h | 0.05283 | +0.711% | $3K | $17K | — | as long as short |
| Aster ALCHUSDT | +0.1598% | 4h | 0.05265 | +0.368% | $12K | $68K | 5x | as long as short |
| KuCoin ALCHUSDTMlong | +0.1754% | 4h | 0.05246 | long leg | $1.3M | $244K | 10x | |
| Kraken Futures PF_ALCHUSD | +0.1846% | 1h | 0.05258 | +0.234% | $9K | $30K | 10x | as long as short |
| Binance ALCHUSDT | +0.2051% | 4h | 0.05252 | +0.114% | $6.4M | $24.6M | 10x | as long as short |
| BloFin ALCH-USDT | +0.2077% | 4h | 0.05258 | +0.229% | $412K | $106K | 10x | as long as short |
BingX ALCH-USDT
Bybit ALCHUSDT
Gate ALCH_USDT
Bitget ALCHUSDT
Variational Omni ALCH
Aster ALCHUSDT
Kraken Futures PF_ALCHUSD
Binance ALCHUSDT
BloFin ALCH-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ALCH_USDTshort | +0.2078% | 4h | 0.05255 | +0.172% | $5.1M | $2.2M | 100x |