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

AWE

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0402%/8h= +44.0% APRnext payment +$2.01 per $10,000 · paid last 24h +0.021%
Price spread now: KuCoin against MEXC+0.031%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$898as in the Funding arb table
Net, price: spread back to 7d avg − costs−$910as in the Price arb table
costs, in and out, $10k−$9099.092% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.108%+$11 on $10k
Price spread, last 4 days (all we have)−0.198%−$20 · spread now +0.031%, 7d avg +0.042%
Together, before fees−0.090%−$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.042%, so right now this pair is about funding alone: +$12 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.108% in total (about 5.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.01 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
LongMEXC AWE_USDT0.064420.0100pay 0.0050% / 4h3h 35m$1.1M$132K20x
ShortKuCoin AWEUSDTM0.064440.0502get 0.0251% / 4h3h 35m$152K$62K20x

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

Profit calculator

Funding earned
$84.42
Price spread: +0.031% → +0.042%
−$1.09
Slippage, 4 orders
−$893.16
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$825.84
Costs to cover
9.092%
Break-even
75.5 days
Slippage from MEXC: live order book, just now; KuCoin: live order book, 8 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 MEXC live order book, just now1.55 bp19.3 bp −$1956.3 bp −$563147.5 bp −$14.8Kdoesn't fit
Sell KuCoin live order book, 8 min ago11.62 bp660.1 bp −$660doesn't fitdoesn't fitdoesn't fit

AWE on 9 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
Aster AWEUSDT+0.0100%4h0.06442+0.008%$2K$8K5xas long as short
Binance AWEUSDT+0.0100%4h0.06438−0.064%$2.2M$1.4M40xas long as short
Bybit AWEUSDT+0.0100%4h0.06444+0.031%$540K$222K25xas long as short
MEXC AWE_USDTlong+0.0100%4h0.06442long leg$1.1M$132K20x
Bitget AWEUSDT+0.0100%4h0.06445+0.054%$453K$263K40xas long as short
BingX AWE-USDT+0.0100%4h0.06446+0.062%$6.5Mas long as short
BloFin AWE-USDT+0.0124%4h0.06452+0.155%$144K$23K40xas long as short
KuCoin AWEUSDTMshort+0.0502%4h0.06444+0.031%$152K$62K20x
Gate AWE_USDT+0.1243%8h0.06433−0.140%$47K$36K25xas long as short