Funding you earn now, next payment 00:00 UTC−0.0205%/8h= −22.4% APRnext payment −$2.05 per $10,000 · paid last 24h −0.034%
Price spread now: MEXC against KuCoin−0.072%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$380.382% of the position
Funding, last 7 days−0.198%−$20 on $10k
+Price spread, last 7 days+0.038%+$4 · spread now −0.072%, 7d avg −0.032%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and MEXC is 0.040% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.032%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ARBUSDTM | 0.2224 | 0.0100 | pay 0.0100% / 8h | 2h 11m | $20.4M | $16.9M | 75x |
| Short | MEXC ARB_USDT | 0.2223 | −0.0105 | pay 0.0105% / 8h | 2h 11m | $36.9M | $63.8M | 200x |
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
- −$43.05
- Price spread: −0.072% → −0.032%
- −$4.03
- Slippage, 4 orders
- −$26.21
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$85.29
- Costs to cover
- 0.382%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 7 min ago; MEXC: live order book, 7 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, 7 min ago | 2.90 bp | 23.9 bp −$24 | 54.7 bp −$547 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 7 min ago | 0.45 bp | 1.5 bp −$1 | 6.4 bp −$64 | 40.4 bp −$4,042 | 69.6 bp −$34.8K |
ARB on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1675% | 1h | 0.2216 | −0.373% | $40K | $197K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0272% | 1h | 0.2222 | −0.085% | $7K | $2K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0199% | 1h | 0.2225 | +0.013% | $38K | $20K | 25x | as long as short |
| Variational Omni ARB | −0.0162% | 8h | 0.2234 | +0.416% | $1.9M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0147% | 8h | 0.2223 | −0.040% | $55.9M | $135.8M | 50x | as long as short |
| SoDEX ARB-USD | −0.0114% | 1h | 0.2223 | −0.049% | $4K | $2.9M | 5x | as long as short |
| OKX ARB-USDT-SWAP | −0.0106% | 8h | 0.2223 | −0.049% | $22.1M | $163.7M | 50x | as long as short |
| MEXC ARB_USDTshort | −0.0105% | 8h | 0.2223 | −0.072% | $36.9M | $63.8M | 200x | |
| Polymarket Perps ARB-USD | −0.0054% | 1h | 0.2223 | −0.058% | $77K | $2.2M | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0053% | 1h | 0.2225 | +0.039% | $1.1M | $5.3M | 50x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDC | −0.0020% | 8h | 0.2223 | −0.058% | $11K | $388K | 10x | as long as short |
| Binance ARBUSDT | −0.0017% | 8h | 0.2224 | −0.027% | $63.3M | $324.5M | 75x | as long as short |
| Extended ARB-USD | −0.0016% | 1h | 0.2223 | −0.054% | $355K | $2.4M | 25x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2225 | +0.023% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2225 | +0.027% | $56K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0009% | 8h | 0.2224 | −0.031% | $5.5M | $21.6M | 60x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2224 | −0.013% | $145K | $12K | 3x | as long as short |
| Bitget ARBUSDT | +0.0088% | 8h | 0.2224 | −0.013% | $20.8M | $38.3M | 50x | as long as short |
| BingX ARB-USDT | +0.0089% | 8h | 0.2223 | −0.049% | — | $54.0M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2225 | +0.022% | $1.3M | $7.8M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2225 | +0.054% | $39.7M | $53.0M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2225 | +0.036% | $690K | $1.8M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2225 | +0.016% | $47K | $199K | 10x | as long as short |
| KuCoin ARBUSDTMlong | +0.0100% | 8h | 0.2224 | long leg | $20.4M | $16.9M | 75x | |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2230 | +0.253% | $39K | $458K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2241 | +0.751% | $483K | $4.1M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2231 | +0.301% | $121K | $297K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2224 | −0.013% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2223 | −0.045% | $274K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2225 | +0.031% | $5.2M | $13.7M | 50x | as long as short |
| BloFin ARB-USDT | +0.0105% | 8h | 0.2225 | +0.049% | $3.0M | $3.3M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0154% / S −0.0018% | 1h | 0.2225 | +0.018% | $843K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2249 | +1.110% | $504K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2223 | −0.067% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2226 | +0.056% | $494K | $2.8M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0550% | 1h | 0.2227 | +0.130% | $1.1M | $2.7M | 20x | as long as short |
KuCoin ARBUSDTM
MEXC ARB_USDT
Injective ARB/USDC PERP
01 Exchange ARBUSD
Deribit ARB_USDC-PERPETUAL
Variational Omni ARB
Bybit ARBUSDT
SoDEX ARB-USD
OKX ARB-USDT-SWAP
Polymarket Perps ARB-USD
Kraken Futures PF_ARBUSD
Binance ARBUSDT
Extended ARB-USD
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Bitget ARBUSDT
BingX ARB-USDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
Backpack ARB_USDC_PERP