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

B2

all B2 markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0534%/8h= +58.5% APRnext payment +$2.67 per $10,000 · paid last 24h +0.051%
Price spread now: KuCoin against MEXC+0.099%7-day average −0.158% · you sell dearer than you buy
Net, funding: paid 7d − costs−$216as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1821.825% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.336%−$34 on $10k
Price spread, last 4 days (all we have)−0.484%−$48 · spread now +0.099%, 7d avg −0.158%
Together, before fees−0.820%−$82 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and KuCoin is 0.257% dearer against MEXC than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of −0.158%. Mind the row above: over the last 7 days funding on this pair cost −0.336%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.336% in total (about -17.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.67 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 B2_USDT0.50530.0186pay 0.0093% / 4h2h 36m$545K$362K100x
ShortKuCoin B2USDTM0.50580.0720get 0.0360% / 4h2h 36m$1.0M$305K50x

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
$112.14
Price spread: +0.099% → −0.158%
$25.7
Slippage, 4 orders
−$162.47
Fee MEXC: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$44.63
Costs to cover
1.825%
Break-even
9.8 days
Slippage from MEXC: live order book, 3 min ago; KuCoin: live order book, 3 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, 3 min ago3.96 bp26.4 bp −$26105.5 bp −$1,055269.0 bp −$26.9Kdoesn't fit
Sell KuCoin live order book, 3 min ago12.86 bp55.6 bp −$56doesn't fitdoesn't fitdoesn't fit

B2 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
Bybit B2USDT+0.0100%4h0.5046−0.139%$1.6M$2.0M20xas long as short
Bitget B2USDT+0.0146%4h0.5043−0.198%$2.8M$877K50xas long as short
Binance B2USDT+0.0178%4h0.5046−0.139%$8.2M$10.0M50xas long as short
MEXC B2_USDTlong+0.0186%4h0.5053long leg$545K$362K100x
BingX B2-USDT+0.0194%4h0.5046−0.139%$1.4Mas long as short
Aster B2USDT+0.0459%4h0.5040−0.255%$158K$171K5xas long as short
Variational Omni B2+0.0513%4h0.5079+0.509%$14K$2Kas long as short
KuCoin B2USDTMshort+0.0720%4h0.5058+0.099%$1.0M$305K50x
Gate B2_USDT+0.1210%4h0.5039−0.277%$914K$405K20xas long as short