CARV

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.16 per $10,000 · paid last 24h −0.001%

Price spread now: KuCoin against MEXC−0.805%7-day average −0.228% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,208as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,255as in the Price arb table

costs, in and out, $10k−$1,19711.973% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.105%−$11 on $10k

Price spread, last 4 days (all we have)+0.421%+$42 · spread now −0.805%, 7d avg −0.228%

Together, before fees+0.316%+$32 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.577% cheaper against MEXC than usual: you would sell low and buy high (−$58 if the spread goes back to its 7-day average of −0.228%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC CARV_USDT	0.04719	0.0132	pay 0.0066% / 4h	3h 49m	$157K	$203K	20x
Short	KuCoin CARVUSDTM	0.04681	0.0100	get 0.0050% / 4h	3h 49m	$185K	$44K	20x

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

Position, each leg$Hold fordaysFee MEXCbpFee KuCoinbpOrdersPrice spread, now −0.805%Rate

Funding earned: −$6.72
Price spread: −0.805% → −0.228%: −$57.68
Slippage, 4 orders: −$1,181.32
Fee MEXC: 2 bp × 2 orders: −$4
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,261.72
Costs to cover: 11.973%
Break-even: never at this rate

Slippage from MEXC: live order book, 41 min ago; KuCoin: live order book, 15 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, 41 min ago	4.43 bp	20.4 bp −$20	98.4 bp −$984	247.6 bp −$24.8K	doesn't fit
Sell KuCoin live order book, 15 min ago	41.61 bp	495.6 bp −$496	doesn't fit	doesn't fit	doesn't fit

CARV 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
Variational Omni CARV	−0.0103%	4h	0.04628	−1.935%	$489	$2K	—	as long as short
Bybit CARVUSDT	+0.0100%	4h	0.04714	−0.106%	$1.2M	$2.3M	20x	as long as short
Gate CARV_USDT	+0.0100%	4h	0.04689	−0.636%	$121K	$129K	20x	as long as short
KuCoin CARVUSDTMshort	+0.0100%	4h	0.04681	−0.805%	$185K	$44K	20x
Bitget CARVUSDT	+0.0100%	4h	0.04728	+0.191%	$820K	$851K	25x	as long as short
MEXC CARV_USDTlong	+0.0132%	4h	0.04719	long leg	$157K	$203K	20x
Binance CARVUSDT	+0.0132%	4h	0.04736	+0.360%	$2.0M	$9.6M	50x	as long as short
BingX CARV-USDT	+0.0800%	4h	0.04718	−0.021%	—	$1.3M	—	as long as short