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: KuCoin against MEXC+5.815%7-day average · you sell dearer than you buy
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
The price spread pays, funding is against you. KuCoin is 5.815% dearer against MEXC than usual: you sell high and buy low (spread +5.815% now, against zero (this spread has no 7-day history yet)): +$582 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 13 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BP_USDT0.85090.0100pay 0.0050% / 4h3h 29m$612K$426K20x
ShortKuCoin BPUSDTM0.90040.0050get 0.0050% / 8h3h 29m$208K$73K5x

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 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: +5.815% → 0.000%
$581.5
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$555
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: MEXC: live order book, 15 min ago; KuCoin: live order book, 60 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 MEXC live order book, 15 min ago38.25 bp308.2 bp −$308333.6 bp −$3,3361078.8 bp −$107.9Kdoesn't fit
Sell KuCoin live order book, 60 min ago435.50 bpdoesn't fitdoesn't fitdoesn'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 BPUSDTMshort+0.0050%8h0.9004+5.815%$208K$73K5x
Pacifica BP+0.0100%1h0.8593+0.987%$84K$91K3xas long as short
Bybit BPUSDT+0.0100%4h0.8595+1.014%$1.5M$609K5xas long as short
Gate BP_USDT+0.0100%4h0.9513+11.799%$645K$122K10xas long as short
MEXC BP_USDTlong+0.0100%4h0.8509long leg$612K$426K20x