Settings8H · net · $10k
Funding arb · Price arb /

BP

all BP markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: MEXC against KuCoin−5.495%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.105%+$10 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. MEXC is 5.495% cheaper against KuCoin than usual: you would sell low and buy high (spread −5.495% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$550 on $10k: about 12 months of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BPUSDTM0.90040.0050pay 0.0050% / 8h3h 29m$208K$73K5x
ShortMEXC BP_USDT0.85090.0100get 0.0050% / 4h3h 29m$612K$426K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$10.5
Price spread: −5.495% → 0.000%
−$549.55
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$555.05
Costs to cover
0.160%
Break-even
377.0 days
Slippage unknown: KuCoin: live order book, 60 min ago; MEXC: live order book, 15 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 60 min ago435.50 bp3547.6 bp −$3,548doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 15 min ago38.25 bp178.4 bp −$178239.0 bp −$2,390doesn't fitdoesn't fit

BP on 5 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BPUSDTMlong+0.0050%8h0.9004long leg$208K$73K5x
Pacifica BP+0.0100%1h0.8593−4.563%$84K$91K3xas long as short
Bybit BPUSDT+0.0100%4h0.8595−4.537%$1.5M$609K5xas long as short
Gate BP_USDT+0.0100%4h0.9513+5.655%$645K$122K10xas long as short
MEXC BP_USDTshort+0.0100%4h0.8509−5.495%$612K$426K20x