Funding you earn now, next payment 08:00 UTC−0.3566%/8h= −390.5% APRnext payment −$17.83 per $10,000 · paid last 24h −0.720%
Price spread now: KuCoin against MEXC−1.368%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−2.150%−$215 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$107 a day on $10k at the current rate, and KuCoin is 1.368% cheaper against MEXC than usual: you would sell low and buy high (−$137 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -2.150% in total (about -112.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$17.83 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 BDX_USDT | 0.07600 | 0.0278 | pay 0.0139% / 4h | 40m 34s | $52K | $80K | 20x |
| Short | KuCoin BDXUSDTM | 0.07496 | −0.3288 | pay 0.1644% / 4h | 40m 34s | $67K | $107K | 20x |
MEXC BDX_USDT
KuCoin BDXUSDTMFunding 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
- −$748.86
- Price spread: −1.368% → 0.000%
- −$136.84
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$901.7
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: MEXC: no order-book sample; KuCoin: live order book, 53 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 53 min ago | 41.52 bp | 300.2 bp −$300 | doesn't fit | doesn't fit | doesn't fit |
MEXC: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BDX on 2 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BDXUSDTMshort | −0.3288% | 4h | 0.07496 | −1.368% | $67K | $107K | 20x | |
| MEXC BDX_USDTlong | +0.0278% | 4h | 0.07600 | long leg | $52K | $80K | 20x |