Funding you earn now, next payment 08:00 UTC−0.0152%/8h= −16.6% APRnext payment −$0.76 per $10,000 · paid last 24h −0.004%
Price spread now: KuCoin against MEXC−0.564%7-day average −0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,817as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,855as in the Price arb table
costs, in and out, $10k−$1,80718.070% of the position
Funding, last 7 days−0.096%−$10 on $10k
+Price spread, last 4 days (all we have)+0.461%+$46 · spread now −0.564%, 7d avg −0.085%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and KuCoin is 0.479% cheaper against MEXC than usual: you would sell low and buy high (−$48 if the spread goes back to its 7-day average of −0.085%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BLEND_USDT | 0.06739 | 0.0100 | pay 0.0050% / 4h | 3h 51m | $1.8M | $164K | 50x |
| Short | KuCoin BLENDUSDTM | 0.06701 | −0.0052 | pay 0.0026% / 4h | 3h 51m | $234K | $213K | 20x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$31.92
- Price spread: −0.564% → −0.085%
- −$47.92
- Slippage, 4 orders
- −$1,790.96
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,886.8
- Costs to cover
- 18.070%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; KuCoin: live order book, 20 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, 5 min ago | 28.24 bp | 41.9 bp −$42 | 64.7 bp −$647 | 339.0 bp −$33.9K | doesn't fit |
| Sell KuCoin live order book, 20 min ago | 10.48 bp | 840.6 bp −$841 | doesn't fit | doesn't fit | doesn't fit |
BLEND on 7 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 BLENDUSDTMshort | −0.0052% | 4h | 0.06701 | −0.564% | $234K | $213K | 20x | |
| Aster BLENDUSDT | +0.0100% | 1h | 0.06740 | +0.015% | $2K | $318 | 3x | as long as short |
| Bybit BLENDUSDT | +0.0100% | 4h | 0.06726 | −0.193% | $840K | $296K | 20x | as long as short |
| OKX BLEND-USDT-SWAP | +0.0100% | 4h | 0.06734 | −0.074% | $183K | $206K | 20x | as long as short |
| Gate BLEND_USDT | +0.0100% | 4h | 0.06718 | −0.312% | $55K | $17K | 20x | as long as short |
| MEXC BLEND_USDTlong | +0.0100% | 4h | 0.06739 | long leg | $1.8M | $164K | 50x | |
| BingX BLEND-USDT | +0.0100% | 4h | 0.06728 | −0.163% | — | $1.6M | — | as long as short |
MEXC BLEND_USDT
KuCoin BLENDUSDTM
Aster BLENDUSDT
Bybit BLENDUSDT
OKX BLEND-USDT-SWAP
Gate BLEND_USDT
BingX BLEND-USDT