Funding you earn now, next payment 12:00 UTC+0.0588%/8h= +64.4% APRnext payment +$2.94 per $10,000 · paid last 24h +0.207%
Price spread now: KuCoin against MEXC−0.161%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$798as in the Funding arb table
Net, price: spread back to 7d avg − costs−$880as in the Price arb table
costs, in and out, $10k−$8698.694% of the position
Funding, last 7 days+0.710%+$71 on $10k
+Price spread, last 4 days (all we have)+0.048%+$5 · spread now −0.161%, 7d avg −0.055%
=Funding pays, the price is against you. KuCoin is 0.106% cheaper against MEXC than usual: you would sell low and buy high (spread −0.161% now, against its 7-day average of −0.055%). If the spread goes back, that is −$11 on $10k: about 14 hours of funding at the current rate (+$18 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC APR_USDT | 0.1430 | 0.0100 | pay 0.0050% / 4h | 1h 56m | $360K | $152K | 50x |
| Short | KuCoin APRUSDTM | 0.1428 | 0.0688 | get 0.0344% / 4h | 1h 56m | $2.3M | $321K | 50x |
MEXC APR_USDT
KuCoin APRUSDTMFunding 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
- $123.48
- Price spread: −0.161% → −0.055%
- −$10.58
- Slippage, 4 orders
- −$849.39
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$756.49
- Costs to cover
- 8.694%
- Break-even
- 49.9 days
Slippage from MEXC: live order book, 49 min ago; KuCoin: 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 MEXC live order book, 49 min ago | 6.90 bp | 20.6 bp −$21 | 97.7 bp −$977 | 291.1 bp −$29.1K | 807.0 bp −$403.5K |
| Sell KuCoin live order book, 3 min ago | 11.92 bp | 343.4 bp −$343 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance APRUSDT | +0.0100% | 4h | 0.1431 | +0.040% | $6.5M | $4.6M | 50x | as long as short |
| Bybit APRUSDT | +0.0100% | 4h | 0.1430 | −0.028% | $1.4M | $559K | 20x | as long as short |
| OKX APR-USDT-SWAP | +0.0100% | 4h | 0.1430 | 0.000% | $1.2M | $2.2M | 20x | as long as short |
| Gate APR_USDT | +0.0100% | 4h | 0.1429 | −0.042% | $680K | $191K | 25x | as long as short |
| MEXC APR_USDTlong | +0.0100% | 4h | 0.1430 | long leg | $360K | $152K | 50x | |
| SunX APR-USDT | +0.0100% | 4h | 0.1432 | +0.112% | $2K | $1.1M | 20x | as long as short |
| HTX APR-USDT | +0.0100% | 4h | 0.1432 | +0.140% | $18K | $35K | 20x | as long as short |
| BloFin APR-USDT | +0.0141% | 4h | 0.1433 | +0.210% | $283K | $112K | 50x | as long as short |
| Bitget APRUSDT | +0.0150% | 4h | 0.1430 | −0.014% | $3.8M | $988K | 50x | as long as short |
| BingX APR-USDT | +0.0154% | 4h | 0.1430 | 0.000% | — | $1.3M | — | as long as short |
Binance APRUSDT
Bybit APRUSDT
OKX APR-USDT-SWAP
Gate APR_USDT
SunX APR-USDT
HTX APR-USDT
BloFin APR-USDT
Bitget APRUSDT
BingX APR-USDTShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster APRUSDT | +0.0372% | 4h | 0.1430 | −0.023% | $69K | $73K | 5x | as long as short |
| KuCoin APRUSDTMshort | +0.0688% | 4h | 0.1428 | −0.161% | $2.3M | $321K | 50x |
Aster APRUSDT