Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against MEXC−0.057%7-day average +0.099% · you buy dearer than you sell
Net, funding: paid 7d − costs−$893as in the Funding arb table
Net, price: spread back to 7d avg − costs−$873as in the Price arb table
costs, in and out, $10k−$8578.572% of the position
Funding, last 7 days−0.356%−$36 on $10k
+Price spread, last 4 days (all we have)+0.255%+$25 · spread now −0.057%, 7d avg +0.099%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.156% cheaper against MEXC than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.099%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC AXL_USDT | 0.05250 | 0.0100 | pay 0.0050% / 4h | 3h 54m | $344K | $158K | 50x |
| Short | KuCoin AXLUSDTM | 0.05247 | 0.0100 | get 0.0050% / 4h | 3h 54m | $439K | $94K | 30x |
MEXC AXL_USDT
KuCoin AXLUSDTMFunding 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: −0.057% → +0.099%
- −$15.57
- Slippage, 4 orders
- −$841.18
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$872.76
- Costs to cover
- 8.572%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; KuCoin: live order book, 67 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, 1 min ago | 1.90 bp | 14.4 bp −$14 | 58.3 bp −$583 | 121.8 bp −$12.2K | doesn't fit |
| Sell KuCoin live order book, 67 min ago | 8.64 bp | 431.5 bp −$432 | doesn't fit | doesn't fit | doesn't fit |
AXL on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX AXL-USDT | −0.0494% | 4h | 0.05247 | −0.057% | — | $2.3M | — | as long as short |
| Aster AXLUSDT | +0.0100% | 4h | 0.05249 | −0.020% | $34K | $6K | 5x | as long as short |
| Binance AXLUSDT | +0.0100% | 4h | 0.05247 | −0.057% | $1.9M | $4.1M | 50x | as long as short |
| Bybit AXLUSDT | +0.0100% | 4h | 0.05249 | −0.019% | $1.5M | $1.9M | 25x | as long as short |
| MEXC AXL_USDTlong | +0.0100% | 4h | 0.05250 | long leg | $344K | $158K | 50x | |
| KuCoin AXLUSDTMshort | +0.0100% | 4h | 0.05247 | −0.057% | $439K | $94K | 30x | |
| Bitget AXLUSDT | +0.0100% | 4h | 0.05246 | −0.076% | $577K | $301K | 50x | as long as short |
| Variational Omni AXL | +0.0100% | 4h | 0.05263 | +0.244% | $6K | $23K | — | as long as short |
| BloFin AXL-USDT | +0.0121% | 4h | 0.05252 | +0.038% | $121K | $11K | 50x | as long as short |
BingX AXL-USDT
Aster AXLUSDT
Binance AXLUSDT
Bybit AXLUSDT
Bitget AXLUSDT
Variational Omni AXL
BloFin AXL-USDT