Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against KuCoin−0.027%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$566as in the Funding arb table
Net, price: spread back to 7d avg − costs−$586as in the Price arb table
costs, in and out, $10k−$5825.821% of the position
Funding, last 7 days+0.164%+$16 on $10k
+Price spread, last 4 days (all we have)+0.113%+$11 · spread now −0.027%, 7d avg +0.008%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.035% cheaper against KuCoin than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AUCTIONUSDTM | 3.7300 | 0.0100 | pay 0.0050% / 4h | 2h 51m | $366K | $113K | 20x |
| Short | MEXC AUCTION_USDT | 3.7290 | 0.0100 | get 0.0050% / 4h | 2h 51m | $447K | $142K | 20x |
KuCoin AUCTIONUSDTM
MEXC AUCTION_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
- $0
- Price spread: −0.027% → +0.008%
- −$3.45
- Slippage, 4 orders
- −$566.13
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$585.58
- Costs to cover
- 5.821%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; MEXC: live order book, 49 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, 6 min ago | 6.74 bp | 284.6 bp −$285 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 49 min ago | 1.35 bp | 10.7 bp −$11 | 45.8 bp −$458 | 97.3 bp −$9,733 | 275.0 bp −$137.5K |
AUCTION on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AUCTIONUSD | +0.0004% | 1h | 3.7315 | +0.041% | $8K | $259 | 10x | as long as short |
| Aster AUCTIONUSDT | +0.0100% | 4h | 3.7263 | −0.099% | $930 | $3K | 5x | as long as short |
| Binance AUCTIONUSDT | +0.0100% | 4h | 3.7306 | +0.017% | $2.5M | $1.6M | 50x | as long as short |
| Bybit AUCTIONUSDT | +0.0100% | 4h | 3.7350 | +0.134% | $596K | $267K | 25x | as long as short |
| OKX AUCTION-USDT-SWAP | +0.0100% | 4h | 3.7320 | +0.054% | $796K | $695K | 20x | as long as short |
| Gate AUCTION_USDT | +0.0100% | 8h | 3.7310 | +0.027% | $106K | $63K | 50x | as long as short |
| MEXC AUCTION_USDTshort | +0.0100% | 4h | 3.7290 | −0.027% | $447K | $142K | 20x | |
| KuCoin AUCTIONUSDTMlong | +0.0100% | 4h | 3.7300 | long leg | $366K | $113K | 20x | |
| Bitget AUCTIONUSDT | +0.0100% | 4h | 3.7320 | +0.054% | $376K | $153K | 25x | as long as short |
| BingX AUCTION-USDT | +0.0100% | 4h | 3.7330 | +0.080% | — | $13.8M | — | as long as short |
Kraken Futures PF_AUCTIONUSD
Aster AUCTIONUSDT
Binance AUCTIONUSDT
Bybit AUCTIONUSDT
OKX AUCTION-USDT-SWAP
Gate AUCTION_USDT
Bitget AUCTIONUSDT
BingX AUCTION-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AUCTION | +0.0100% | 4h | 3.7109 | −0.513% | $172 | $38 | — | as long as short |
Variational Omni AUCTION