Funding you earn now, next payment 04:00 UTC−0.0306%/8h= −33.5% APRnext payment −$1.53 per $10,000 · paid last 24h −0.126%
Price spread now: KuCoin against MEXC−0.022%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1121.121% of the position
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%
=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 paid +0.345%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CAP_USDT | 0.04629 | 0.0100 | pay 0.0050% / 4h | 25m 34s | $529K | $232K | 20x |
| Short | KuCoin CAPUSDTM | 0.04628 | −0.0206 | pay 0.0103% / 4h | 25m 34s | $4.4M | $1.4M | 10x |
MEXC CAP_USDT
KuCoin CAPUSDTMFunding 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
- −$64.26
- Price spread: −0.022% → −0.006%
- −$1.61
- Slippage, 4 orders
- −$92.12
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$177.99
- Costs to cover
- 1.121%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 24 min ago; KuCoin: live order book, 2 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, 24 min ago | 2.18 bp | 11.7 bp −$12 | 49.3 bp −$493 | 245.9 bp −$24.6K | 784.3 bp −$392.2K |
| Sell KuCoin live order book, 2 min ago | 4.32 bp | 34.8 bp −$35 | 459.1 bp −$4,591 | doesn't fit | doesn't fit |
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 CAPUSDTMshort | −0.0206% | 4h | 0.04628 | −0.022% | $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 | 0.04626 | −0.065% | — | $1.6M | — | as long as short |
| Lighter CAP | +0.0096% | 1h | 0.04629 | −0.002% | $19K | $2K | 3x | as long as short |
| Aster CAPUSDT | +0.0100% | 4h | 0.04630 | +0.023% | $26K | $67K | 5x | as long as short |
| Binance CAPUSDT | +0.0100% | 4h | 0.04629 | +0.008% | $8.8M | $9.0M | 10x | as long as short |
| Bybit CAPUSDT | +0.0100% | 4h | 0.04628 | −0.022% | $4.5M | $4.2M | 10x | as long as short |
| OKX CAP-USDT-SWAP | +0.0100% | 4h | 0.04629 | 0.000% | $2.0M | $7.3M | 10x | as long as short |
| Gate CAP_USDT | +0.0100% | 4h | 0.04628 | −0.022% | $324K | $1.2M | 20x | as long as short |
gTrade (Gains Network) CAP/USD
BloFin CAP-USDT
BingX CAP-USDT
Lighter CAP
Aster CAPUSDT
Binance CAPUSDT
Bybit CAPUSDT
OKX CAP-USDT-SWAP
Gate CAP_USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC CAP_USDTlong | +0.0100% | 4h | 0.04629 | long leg | $529K | $232K | 20x | |
| Bitget CAPUSDT | +0.0100% | 4h | 0.04628 | −0.022% | $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 |
Bitget CAPUSDT
Variational Omni CAP
Orderly PERP_CAP_USDC_mythos