Funding you earn now, next payment 08:00 UTC−0.0192%/8h= −21.0% APRnext payment −$0.96 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against MEXC−0.029%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$352as in the Funding arb table
Net, price: spread back to 7d avg − costs−$349as in the Price arb table
costs, in and out, $10k−$3453.451% of the position
Funding, last 7 days−0.065%−$6 on $10k
+Price spread, last 7 days+0.066%+$7 · spread now −0.029%, 7d avg +0.008%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and KuCoin is 0.037% cheaper against MEXC than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.008%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.065% in total (about -3.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.96 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BANK_USDT | 0.03451 | 0.0292 | pay 0.0146% / 4h | 2h 49m | $2.5M | $507K | 20x |
| Short | KuCoin BANKUSDTM | 0.03450 | 0.0100 | get 0.0050% / 4h | 2h 49m | $1.2M | $152K | 50x |
MEXC BANK_USDT
KuCoin BANKUSDTMFunding 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
- −$40.32
- Price spread: −0.029% → +0.008%
- −$3.67
- Slippage, 4 orders
- −$333.07
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$389.06
- Costs to cover
- 3.451%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; KuCoin: live order book, 10 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 | 1.45 bp | 4.7 bp −$5 | 22.1 bp −$221 | 105.2 bp −$10.5K | 368.7 bp −$184.4K |
| Sell KuCoin live order book, 10 min ago | 8.74 bp | 171.6 bp −$172 | 706.9 bp −$7,069 | doesn't fit | doesn't fit |
BANK 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BANKUSDT | +0.0100% | 4h | 0.03450 | −0.031% | $54K | $93K | 5x | as long as short |
| Gate BANK_USDT | +0.0100% | 4h | 0.03454 | +0.087% | $720K | $1.3M | 10x | as long as short |
| KuCoin BANKUSDTMshort | +0.0100% | 4h | 0.03450 | −0.029% | $1.2M | $152K | 50x | |
| HTX BANK-USDT | +0.0100% | 4h | 0.03454 | +0.087% | $40K | $231K | 20x | as long as short |
| edgeX BANKUSDC | +0.0284% | 4h | 0.03452 | +0.015% | $1K | $246K | 5x | as long as short |
| MEXC BANK_USDTlong | +0.0292% | 4h | 0.03451 | long leg | $2.5M | $507K | 20x | |
| Binance BANKUSDT | +0.0297% | 4h | 0.03451 | 0.000% | $7.5M | $31.2M | 50x | as long as short |
| BloFin BANK-USDT | +0.0532% | 4h | 0.03454 | +0.087% | $436K | $78K | 50x | as long as short |
| Bitget BANKUSDT | +0.0744% | 4h | 0.03455 | +0.116% | $2.8M | $3.5M | 25x | as long as short |
| BingX BANK-USDT | +0.0794% | 4h | 0.03451 | 0.000% | — | $6.9M | — | as long as short |
Aster BANKUSDT
Gate BANK_USDT
HTX BANK-USDT
edgeX BANKUSDC
Binance BANKUSDT
BloFin BANK-USDT
Bitget BANKUSDT
BingX BANK-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BANKUSDT | +0.0993% | 4h | 0.03453 | +0.058% | $2.8M | $6.5M | 20x | as long as short |
Bybit BANKUSDT