CAP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0304%/8h= +33.3% APRnext payment +$1.52 per $10,000 · paid last 24h +0.126%

Price spread now: MEXC against KuCoin+0.022%7-day average +0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$147as in the Funding arb table

Net, price: spread back to 7d avg − costs−$111as in the Price arb table

costs, in and out, $10k−$1121.121% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.345%−$34 on $10k

Price spread, last 4 days (all we have)−0.103%−$10 · spread now +0.022%, 7d avg +0.006%

Together, before fees−0.448%−$45 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.006%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.345%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin CAPUSDTM	0.04629	−0.0204	get 0.0102% / 4h	25m 50s	$4.4M	$1.4M	10x
Short	MEXC CAP_USDT	0.04630	0.0100	get 0.0050% / 4h	25m 50s	$529K	$232K	20x

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

Position, each leg$Hold fordaysFee KuCoinbpFee MEXCbpOrdersPrice spread, now +0.022%Rate

Funding earned: $63.84
Price spread: +0.022% → +0.006%: $1.61
Slippage, 4 orders: −$92.12
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$46.68
Costs to cover: 1.121%
Break-even: 12.1 days

Slippage from KuCoin: live order book, 2 min ago; MEXC: live order book, 24 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 KuCoin live order book, 2 min ago	4.32 bp	53.6 bp −$54	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 24 min ago	2.18 bp	12.0 bp −$12	56.9 bp −$569	255.3 bp −$25.5K	825.0 bp −$412.5K

CAP on 14 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 CAPUSDTMlong	−0.0204%	4h	0.04629	long leg	$4.4M	$1.4M	10x
gTrade (Gains Network) CAP/USD	L 0.0000% / S 0.0000%	1h	0.04627	−0.048%	—	—	150x	as long as short
BloFin CAP-USDT	+0.0055%	4h	0.04631	+0.043%	$370K	$60K	10x	as long as short
BingX CAP-USDT	+0.0070%	4h	0.04628	−0.022%	—	$1.6M	—	as long as short
Lighter CAP	+0.0096%	1h	0.04630	+0.022%	$19K	$2K	3x	as long as short
Aster CAPUSDT	+0.0100%	4h	0.04632	+0.073%	$26K	$67K	5x	as long as short
Binance CAPUSDT	+0.0100%	4h	0.04630	+0.025%	$8.8M	$9.0M	10x	as long as short
Bybit CAPUSDT	+0.0100%	4h	0.04629	0.000%	$4.5M	$4.2M	10x	as long as short
OKX CAP-USDT-SWAP	+0.0100%	4h	0.04630	+0.022%	$2.0M	$7.3M	10x	as long as short
Gate CAP_USDT	+0.0100%	4h	0.04630	+0.022%	$324K	$1.2M	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC CAP_USDTshort	+0.0100%	4h	0.04630	+0.022%	$529K	$232K	20x
Bitget CAPUSDT	+0.0100%	4h	0.04629	0.000%	$1.0M	$605K	10x	as long as short
Variational Omni CAP	+0.0100%	4h	0.04632	+0.057%	$8K	$8K	—	as long as short
Orderly PERP_CAP_USDC_mythos	+0.0100%	4h	0.04632	+0.058%	$4K	$1K	10x	as long as short