Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: KuCoin against MEXC−0.027%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$457as in the Funding arb table
Net, price: spread back to 7d avg − costs−$443as in the Price arb table
costs, in and out, $10k−$4414.411% of the position
Funding, last 7 days−0.160%−$16 on $10k
+Price spread, last 4 days (all we have)−0.088%−$9 · spread now −0.027%, 7d avg −0.007%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC AUCTION_USDT | 3.6960 | 0.0100 | pay 0.0050% / 4h | 22m 57s | $436K | $144K | 20x |
| Short | KuCoin AUCTIONUSDTM | 3.6950 | 0.0100 | get 0.0050% / 4h | 22m 57s | $369K | $111K | 20x |
MEXC AUCTION_USDT
KuCoin AUCTIONUSDTMFunding 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
- $0
- Price spread: −0.027% → −0.007%
- −$1.96
- Slippage, 4 orders
- −$425.08
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$443.04
- Costs to cover
- 4.411%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 23 min ago; KuCoin: live order book, 59 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, 23 min ago | 2.72 bp | 11.9 bp −$12 | 53.7 bp −$537 | 101.2 bp −$10.1K | 227.7 bp −$113.9K |
| Sell KuCoin live order book, 59 min ago | 8.07 bp | 209.8 bp −$210 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0295% | 1h | 3.6967 | +0.018% | $8K | $272 | 10x | as long as short |
| Aster AUCTIONUSDT | +0.0100% | 4h | 3.6937 | −0.061% | $922 | $3K | 5x | as long as short |
| Binance AUCTIONUSDT | +0.0100% | 4h | 3.6960 | 0.000% | $2.4M | $1.6M | 50x | as long as short |
| Bybit AUCTIONUSDT | +0.0100% | 4h | 3.6970 | +0.027% | $589K | $272K | 25x | as long as short |
| OKX AUCTION-USDT-SWAP | +0.0100% | 4h | 3.6960 | 0.000% | $782K | $695K | 20x | as long as short |
| Gate AUCTION_USDT | +0.0100% | 8h | 3.6920 | −0.108% | $105K | $69K | 50x | as long as short |
| MEXC AUCTION_USDTlong | +0.0100% | 4h | 3.6960 | long leg | $436K | $144K | 20x | |
| KuCoin AUCTIONUSDTMshort | +0.0100% | 4h | 3.6950 | −0.027% | $369K | $111K | 20x | |
| Bitget AUCTIONUSDT | +0.0100% | 4h | 3.6970 | +0.027% | $373K | $159K | 25x | as long as short |
| BingX AUCTION-USDT | +0.0100% | 4h | 3.6970 | +0.027% | — | $12.3M | — | 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 | 3.6943 | −0.046% | $171 | $38 | — | as long as short |
Variational Omni AUCTION