Funding you earn now, next payment 12:00 UTC−0.0538%/8h= −58.9% APRnext payment −$2.69 per $10,000 · paid last 24h −0.207%
Price spread now: MEXC against KuCoin+0.070%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$866as in the Funding arb table
Net, price: spread back to 7d avg − costs−$793as in the Price arb table
costs, in and out, $10k−$7957.949% of the position
Funding, last 7 days−0.710%−$71 on $10k
+Price spread, last 4 days (all we have)+0.043%+$4 · spread now +0.070%, 7d avg +0.055%
=The price spread sits at its 7-day average of +0.055%, so right now this pair is about funding alone: −$16 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin APRUSDTM | 0.1437 | 0.0638 | pay 0.0319% / 4h | 2h 17m | $2.3M | $329K | 50x |
| Short | MEXC APR_USDT | 0.1438 | 0.0100 | get 0.0050% / 4h | 2h 17m | $371K | $162K | 50x |
KuCoin APRUSDTM
MEXC APR_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
- −$112.98
- Price spread: +0.070% → +0.055%
- $1.45
- Slippage, 4 orders
- −$774.92
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$906.44
- Costs to cover
- 7.949%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; MEXC: live order book, 28 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, 2 min ago | 16.73 bp | 528.3 bp −$528 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 28 min ago | 6.90 bp | 23.0 bp −$23 | 82.9 bp −$829 | 268.6 bp −$26.9K | 812.8 bp −$406.4K |
APR on 12 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin APR-USDT | +0.0083% | 4h | 0.1435 | −0.139% | $281K | $112K | 50x | as long as short |
| Binance APRUSDT | +0.0100% | 4h | 0.1439 | +0.126% | $6.5M | $4.7M | 50x | as long as short |
| Bybit APRUSDT | +0.0100% | 4h | 0.1436 | −0.042% | $1.4M | $581K | 20x | as long as short |
| OKX APR-USDT-SWAP | +0.0100% | 4h | 0.1440 | +0.209% | $1.2M | $2.3M | 20x | as long as short |
| Gate APR_USDT | +0.0100% | 4h | 0.1436 | −0.077% | $687K | $194K | 25x | as long as short |
| MEXC APR_USDTshort | +0.0100% | 4h | 0.1438 | +0.070% | $371K | $162K | 50x | |
| Bitget APRUSDT | +0.0100% | 4h | 0.1435 | −0.167% | $3.8M | $1.0M | 50x | as long as short |
| BingX APR-USDT | +0.0100% | 4h | 0.1437 | 0.000% | — | $1.3M | — | as long as short |
| SunX APR-USDT | +0.0100% | 4h | 0.1441 | +0.251% | $2K | $1.1M | 20x | as long as short |
| HTX APR-USDT | +0.0100% | 4h | 0.1441 | +0.278% | $18K | $35K | 20x | as long as short |
BloFin APR-USDT
Binance APRUSDT
Bybit APRUSDT
OKX APR-USDT-SWAP
Gate APR_USDT
Bitget APRUSDT
BingX APR-USDT
SunX APR-USDT
HTX APR-USDTShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster APRUSDT | +0.0374% | 4h | 0.1437 | −0.014% | $69K | $73K | 5x | as long as short |
| KuCoin APRUSDTMlong | +0.0638% | 4h | 0.1437 | long leg | $2.3M | $329K | 50x |
Aster APRUSDT