Settings8H · net · $10k
Funding arb · Price arb /

ASR

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0844%/8h= +92.4% APRnext payment +$4.22 per $10,000 · paid last 24h +0.097%
Price spread now: MEXC against KuCoin+0.103%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,779as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,785as in the Price arb table
costs, in and out, $10k−$1,79117.906% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.113%+$11 on $10k
Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.103%, 7d avg +0.050%
Together, before fees+0.088%+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and MEXC is 0.053% dearer against KuCoin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.050%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.113% in total (about 5.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.22 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ASRUSDTM0.87500.0100pay 0.0050% / 4h3h 22m$188K$46K10x
ShortMEXC ASR_USDT0.87590.0944get 0.0472% / 4h3h 22m$647K$95K50x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$177.24
Price spread: +0.103% → +0.050%
$5.25
Slippage, 4 orders
−$1,774.6
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$1,608.1
Costs to cover
17.906%
Break-even
70.5 days
Slippage from KuCoin: live order book, 47 min ago; MEXC: live order book, 22 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 47 min ago17.17 bp766.9 bp −$767doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 22 min ago0.57 bp17.6 bp −$1877.5 bp −$775241.5 bp −$24.2Kdoesn't fit

ASR on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ASR_USDT+0.0100%4h0.8740−0.114%$29K$7K20xas long as short
KuCoin ASRUSDTMlong+0.0100%4h0.8750long leg$188K$46K10x
Bitget ASRUSDT+0.0100%4h0.8760+0.114%$197K$72K10xas long as short
Variational Omni ASR+0.0100%4h0.8767+0.199%$4K$6Kas long as short
Bybit ASRUSDT+0.0102%4h0.8765+0.171%$137K$76K25xas long as short
BingX ASR-USDT+0.0872%4h0.8760+0.114%$1.2Mas long as short
MEXC ASR_USDTshort+0.0944%4h0.8759+0.103%$647K$95K50x
Binance ASRUSDT+0.0947%4h0.8756+0.069%$1.9M$777K10xas long as short