Funding you earn now, next payment 08:00 UTC+0.0108%/8h= +11.8% APRnext payment +$0.54 per $10,000 · paid last 24h +0.014%
Price spread now: KuCoin against MEXC+0.195%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1551.550% of the position
Funding, last 7 days−0.041%−$4 on $10k
+Price spread, last 4 days (all we have)−0.143%−$14 · spread now +0.195%, 7d avg +0.053%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.142% dearer against MEXC than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.053%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BMT_USDT | 0.02049 | 0.0100 | pay 0.0050% / 4h | 2h 36m | $194K | $135K | 100x |
| Short | KuCoin BMTUSDTM | 0.02053 | 0.0208 | get 0.0104% / 4h | 2h 36m | $618K | $84K | 20x |
MEXC BMT_USDT
KuCoin BMTUSDTMFunding 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
- $22.68
- Price spread: +0.195% → +0.053%
- $14.23
- Slippage, 4 orders
- −$139.01
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$118.09
- Costs to cover
- 1.550%
- Break-even
- 43.4 days
Slippage from MEXC: live order book, 50 min ago; KuCoin: live order book, 23 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, 50 min ago | 2.46 bp | 9.1 bp −$9 | 80.2 bp −$802 | 290.5 bp −$29.1K | 607.3 bp −$303.6K |
| Sell KuCoin live order book, 23 min ago | 14.67 bp | 75.3 bp −$75 | doesn't fit | doesn't fit | doesn't fit |
BMT 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BMTUSDT | +0.0100% | 4h | 0.02051 | +0.082% | $43K | $12K | 5x | as long as short |
| Binance BMTUSDT | +0.0100% | 4h | 0.02049 | 0.000% | $2.3M | $2.5M | 20x | as long as short |
| Bybit BMTUSDT | +0.0100% | 4h | 0.02048 | −0.063% | $993K | $402K | 5x | as long as short |
| Gate BMT_USDT | +0.0100% | 4h | 0.02049 | 0.000% | $171K | $187K | 25x | as long as short |
| MEXC BMT_USDTlong | +0.0100% | 4h | 0.02049 | long leg | $194K | $135K | 100x | |
| BingX BMT-USDT | +0.0100% | 4h | 0.02049 | 0.000% | — | $2.3M | — | as long as short |
| Variational Omni BMT | +0.0100% | 4h | 0.02064 | +0.742% | $54K | $26K | — | as long as short |
| KuCoin BMTUSDTMshort | +0.0208% | 4h | 0.02053 | +0.195% | $618K | $84K | 20x |
Aster BMTUSDT
Binance BMTUSDT
Bybit BMTUSDT
Gate BMT_USDT
BingX BMT-USDT
Variational Omni BMT