Funding you earn now, next payment 08:00 UTC−0.0806%/8h= −88.3% APRnext payment −$4.03 per $10,000 · paid last 24h −0.097%
Price spread now: KuCoin against MEXC−0.092%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,949as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,941as in the Price arb table
costs, in and out, $10k−$1,93719.373% of the position
Funding, last 7 days−0.113%−$11 on $10k
+Price spread, last 4 days (all we have)−0.005%$0 · spread now −0.092%, 7d avg −0.051%
=Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and KuCoin is 0.041% cheaper against MEXC than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.051%). Swap the legs.
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 −$4.03 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ASR_USDT | 0.8668 | 0.0906 | pay 0.0453% / 4h | 2h 30m | $639K | $94K | 50x |
| Short | KuCoin ASRUSDTM | 0.8660 | 0.0100 | get 0.0050% / 4h | 2h 30m | $186K | $47K | 10x |
MEXC ASR_USDT
KuCoin ASRUSDTMFunding 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
- −$169.26
- Price spread: −0.092% → −0.051%
- −$4.14
- Slippage, 4 orders
- −$1,921.27
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$2,110.66
- Costs to cover
- 19.373%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 10 min ago; KuCoin: live order book, 26 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, 10 min ago | 2.87 bp | 22.7 bp −$23 | 67.0 bp −$670 | 190.7 bp −$19.1K | doesn't fit |
| Sell KuCoin live order book, 26 min ago | 22.81 bp | 885.9 bp −$886 | doesn't fit | doesn't fit | doesn't fit |
ASR on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ASR_USDT | +0.0100% | 4h | 0.8680 | +0.138% | $29K | $7K | 20x | as long as short |
| KuCoin ASRUSDTMshort | +0.0100% | 4h | 0.8660 | −0.092% | $186K | $47K | 10x | |
| Bitget ASRUSDT | +0.0100% | 4h | 0.8670 | +0.023% | $195K | $73K | 10x | as long as short |
| Variational Omni ASR | +0.0100% | 4h | 0.8676 | +0.088% | $4K | $6K | — | as long as short |
| Bybit ASRUSDT | +0.0102% | 4h | 0.8677 | +0.104% | $141K | $81K | 25x | as long as short |
| MEXC ASR_USDTlong | +0.0906% | 4h | 0.8668 | long leg | $639K | $94K | 50x | |
| Binance ASRUSDT | +0.0906% | 4h | 0.8670 | +0.018% | $1.9M | $816K | 10x | as long as short |
| BingX ASR-USDT | +0.0932% | 4h | 0.8668 | 0.000% | — | $1.2M | — | as long as short |
Gate ASR_USDT
Bitget ASRUSDT
Variational Omni ASR
Bybit ASRUSDT
Binance ASRUSDT
BingX ASR-USDT