Funding you earn now, next payment 08:00 UTC+0.0279%/8h= +30.6% APRnext payment +$2.79 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against MEXC+0.267%7-day average +0.120% · you sell dearer than you buy
Net, funding: paid 7d − costs−$753as in the Funding arb table
Net, price: spread back to 7d avg − costs−$740as in the Price arb table
costs, in and out, $10k−$7547.542% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 7 days−0.196%−$20 · spread now +0.267%, 7d avg +0.120%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and KuCoin is 0.147% dearer against MEXC than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.120%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.009% in total (about 0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.79 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 BICO_USDT | 0.02250 | 0.0100 | pay 0.0100% / 8h | 4h 23m | $1.8M | $1.1M | 50x |
| Short | KuCoin BICOUSDTM | 0.02256 | 0.0379 | get 0.0379% / 8h | 4h 23m | $1.1M | $1.3M | 20x |
MEXC BICO_USDT
KuCoin BICOUSDTMFunding 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
- $58.59
- Price spread: +0.267% → +0.120%
- $14.66
- Slippage, 4 orders
- −$742.24
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$680.99
- Costs to cover
- 7.542%
- Break-even
- 88.4 days
Slippage from MEXC: live order book, 3 min ago; KuCoin: live order book, 1 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, 3 min ago | 2.22 bp | 4.6 bp −$5 | 71.7 bp −$717 | 183.7 bp −$18.4K | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 6.65 bp | 319.0 bp −$319 | doesn't fit | doesn't fit | doesn't fit |
BICO 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 BICOUSDT | +0.0100% | 8h | 0.02251 | +0.034% | $93K | $22K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02251 | +0.023% | $4.0M | $8.4M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02252 | +0.089% | $1.9M | $5.1M | 20x | as long as short |
| MEXC BICO_USDTlong | +0.0100% | 8h | 0.02250 | long leg | $1.8M | $1.1M | 50x | |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02250 | 0.000% | $651K | $523K | 10x | as long as short |
| Gate BICO_USDT | +0.0152% | 8h | 0.02251 | +0.044% | $376K | $327K | 20x | as long as short |
| Bybit BICOUSDT | +0.0191% | 8h | 0.02252 | +0.080% | $2.3M | $3.8M | 20x | as long as short |
| BingX BICO-USDT | +0.0215% | 8h | 0.02251 | +0.044% | — | $1.7M | — | as long as short |
| Variational Omni BICO | +0.0235% | 8h | 0.02247 | −0.132% | $14K | $8K | — | as long as short |
| KuCoin BICOUSDTMshort | +0.0379% | 8h | 0.02256 | +0.267% | $1.1M | $1.3M | 20x |
Aster BICOUSDT
Binance BICOUSDT
OKX BICO-USDT-SWAP
Bitget BICOUSDT
Gate BICO_USDT
Bybit BICOUSDT
BingX BICO-USDT
Variational Omni BICOShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSD | +0.6587% | 1h | 0.02248 | −0.069% | $37K | $58K | 20x | as long as short |
Kraken Futures PF_BICOUSD