Funding you earn now, next payment 12:00 UTC−0.0350%/8h= −38.3% APRnext payment −$1.75 per $10,000 · paid last 24h −0.121%
Price spread now: KuCoin against MEXC−0.116%7-day average −0.280% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,463as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,405as in the Price arb table
costs, in and out, $10k−$1,42114.210% of the position
Funding, last 7 days−0.419%−$42 on $10k
+Price spread, last 4 days (all we have)−0.031%−$3 · spread now −0.116%, 7d avg −0.280%
=The price spread pays, funding is against you. KuCoin is 0.163% dearer against MEXC than usual: you sell high and buy low (spread −0.116% now, against its 7-day average of −0.280%): +$16 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 37 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BAN_USDT | 0.06874 | 0.0450 | pay 0.0225% / 4h | 3h 35m | $8.2M | $152K | 100x |
| Short | KuCoin BANUSDTM | 0.06866 | 0.0100 | get 0.0050% / 4h | 3h 35m | $310K | $15K | 20x |
MEXC BAN_USDT
KuCoin BANUSDTMFunding 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
- −$73.5
- Price spread: −0.116% → −0.280%
- $16.34
- Slippage, 4 orders
- −$1,405.03
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,478.19
- Costs to cover
- 14.210%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; KuCoin: live order book, 57 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, 2 min ago | 2.18 bp | 11.3 bp −$11 | 79.2 bp −$792 | 239.4 bp −$23.9K | 458.3 bp −$229.2K |
| Sell KuCoin live order book, 57 min ago | 31.96 bp | 718.9 bp −$719 | doesn't fit | doesn't fit | doesn't fit |
BAN on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BANUSDT | +0.0100% | 4h | 0.06866 | −0.116% | $2.9M | $279K | 13x | as long as short |
| Gate BAN_USDT | +0.0100% | 8h | 0.06866 | −0.116% | $1.2M | $49K | 20x | as long as short |
| KuCoin BANUSDTMshort | +0.0100% | 4h | 0.06866 | −0.116% | $310K | $15K | 20x | |
| Bitget BANUSDT | +0.0100% | 4h | 0.06878 | +0.058% | $1.1M | $62K | 25x | as long as short |
| Variational Omni BAN | +0.0100% | 4h | 0.06861 | −0.184% | $16 | — | — | as long as short |
| Aster BANUSDT | +0.0116% | 4h | 0.06879 | +0.069% | $12K | $664 | 5x | as long as short |
| Binance BANUSDT | +0.0441% | 4h | 0.06872 | −0.036% | $6.7M | $767K | 25x | as long as short |
| MEXC BAN_USDTlong | +0.0450% | 4h | 0.06874 | long leg | $8.2M | $152K | 100x |
Bybit BANUSDT
Gate BAN_USDT
Bitget BANUSDT
Variational Omni BAN
Aster BANUSDT
Binance BANUSDT