Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.02 per $10,000 · paid last 24h +0.008%
Price spread now: MEXC against KuCoin+0.059%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$179as in the Funding arb table
Net, price: spread back to 7d avg − costs−$181as in the Price arb table
costs, in and out, $10k−$1831.834% of the position
Funding, last 7 days+0.040%+$4 on $10k
+Price spread, last 4 days (all we have)−0.069%−$7 · spread now +0.059%, 7d avg +0.036%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.023% dearer against KuCoin than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.036%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ANIMEUSDTM | 0.003364 | 0.0096 | pay 0.0048% / 4h | 2h 02m | $434K | $60K | 20x |
| Short | MEXC ANIME_USDT | 0.003366 | 0.0100 | get 0.0050% / 4h | 2h 02m | $212K | $90K | 20x |
Funding 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
- $0.84
- Price spread: +0.059% → +0.036%
- $2.32
- Slippage, 4 orders
- −$167.37
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$180.21
- Costs to cover
- 1.834%
- Break-even
- 1508.8 days
Slippage from KuCoin: live order book, 35 min ago; MEXC: live order book, 47 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, 35 min ago | 8.93 bp | 88.8 bp −$89 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 47 min ago | 1.50 bp | 8.9 bp −$9 | 64.7 bp −$647 | 276.5 bp −$27.7K | 573.3 bp −$286.6K |
ANIME on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ANIMEUSD | −0.0684% | 1h | 0.003368 | +0.131% | $33K | $1K | 10x | as long as short |
| KuCoin ANIMEUSDTMlong | +0.0096% | 4h | 0.003364 | long leg | $434K | $60K | 20x | |
| Hyperliquid ANIME | +0.0100% | 1h | 0.003368 | +0.119% | $294K | $109K | 3x | as long as short |
| Aster ANIMEUSDT | +0.0100% | 4h | 0.003366 | +0.045% | $27K | $3K | 5x | as long as short |
| Binance ANIMEUSDT | +0.0100% | 4h | 0.003365 | +0.036% | $1.3M | $1.7M | 20x | as long as short |
| Bybit ANIMEUSDT | +0.0100% | 4h | 0.003365 | +0.030% | $702K | $290K | 25x | as long as short |
| OKX ANIME-USDT-SWAP | +0.0100% | 4h | 0.003369 | +0.149% | $433K | $553K | 20x | as long as short |
| Gate ANIME_USDT | +0.0100% | 4h | 0.003365 | +0.030% | $141K | $73K | 25x | as long as short |
| MEXC ANIME_USDTshort | +0.0100% | 4h | 0.003366 | +0.059% | $212K | $90K | 20x | |
| Bitget ANIMEUSDT | +0.0100% | 4h | 0.003365 | +0.030% | $853K | $174K | 10x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ANIME-USDT | +0.0100% | 4h | 0.003365 | +0.030% | — | $6.5M | — | as long as short |
| Variational Omni ANIME | +0.0100% | 4h | 0.003360 | −0.107% | $11K | $553 | — | as long as short |
| GMX ANIME/USD [ANIME-USDC] | L +0.0497% / S −0.2017% | 1h | 0.003364 | 0.000% | $822 | — | 100x | as long as short |
KuCoin ANIMEUSDTM
MEXC ANIME_USDT
Kraken Futures PF_ANIMEUSD
Hyperliquid ANIME
Aster ANIMEUSDT
Binance ANIMEUSDT
Bybit ANIMEUSDT
OKX ANIME-USDT-SWAP
Gate ANIME_USDT
Bitget ANIMEUSDT
BingX ANIME-USDT
Variational Omni ANIME
GMX ANIME/USD [ANIME-USDC]