Funding you earn now, next payment 04:00 UTC−0.0330%/8h= −36.1% APRnext payment −$1.65 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against KuCoin−0.171%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$418as in the Funding arb table
Net, price: spread back to 7d avg − costs−$421as in the Price arb table
costs, in and out, $10k−$4094.088% of the position
Funding, last 7 days−0.096%−$10 on $10k
+Price spread, last 4 days (all we have)+0.152%+$15 · spread now −0.171%, 7d avg −0.053%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and MEXC is 0.117% cheaper against KuCoin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.053%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.096% in total (about -5.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.65 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CCUSDTM | 0.1172 | 0.0100 | pay 0.0050% / 4h | 1h 36m | $481K | $120K | 50x |
| Short | MEXC CC_USDT | 0.1170 | −0.0230 | pay 0.0115% / 4h | 1h 36m | $1.6M | $313K | 100x |
KuCoin CCUSDTM
MEXC CC_USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$69.3
- Price spread: −0.171% → −0.053%
- −$11.73
- Slippage, 4 orders
- −$392.83
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$489.86
- Costs to cover
- 4.088%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 61 min ago; MEXC: live order book, 10 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, 61 min ago | 15.35 bp | 211.5 bp −$212 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 10 min ago | 0.43 bp | 8.1 bp −$8 | 57.0 bp −$570 | 249.9 bp −$25.0K | 832.6 bp −$416.3K |
CC on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CC/USDC PERP | −0.4093% | 1h | 0.1180 | +0.708% | $402 | $3K | 5.5x | as long as short |
| Bybit CCUSDT | −0.0239% | 4h | 0.1170 | −0.162% | $10.6M | $3.9M | 25x | as long as short |
| MEXC CC_USDTshort | −0.0230% | 4h | 0.1170 | −0.171% | $1.6M | $313K | 100x | |
| Paradex CC-USD-PERP | +0.0095% | 8h | 0.1169 | −0.225% | $1K | — | 5x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1171 | −0.057% | $35K | $39K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1170 | −0.157% | $11.0M | $12.1M | 75x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1171 | −0.077% | $2.5M | $3.4M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1172 | −0.009% | $362K | $218K | 50x | as long as short |
| KuCoin CCUSDTMlong | +0.0100% | 4h | 0.1172 | long leg | $481K | $120K | 50x | |
| Bitget CCUSDT | +0.0100% | 4h | 0.1171 | −0.085% | $918K | $791K | 20x | as long as short |
Injective CC/USDC PERP
Bybit CCUSDT
Paradex CC-USD-PERP
Aster CCUSDT
Binance CCUSDT
OKX CC-USDT-SWAP
Gate CC_USDT
Bitget CCUSDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CC-USDT | +0.0100% | 4h | 0.1170 | −0.128% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1170 | −0.128% | $15K | $22K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1171 | −0.083% | $596K | $55K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1171 | −0.036% | $88K | $2.4M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1169 | −0.249% | $6K | $36K | 6.7x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1170 | −0.137% | $593K | $98K | 75x | as long as short |
| Hyperliquid CC | +0.0441% | 1h | 0.1173 | +0.085% | $5.5M | $1.3M | 3x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0448% / S −0.0241% | 1h | 0.1171 | −0.090% | $44K | — | 50x | as long as short |
| Lighter CC | +0.0864% | 1h | 0.1176 | +0.324% | $238K | $155K | 5x | as long as short |
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
BloFin CC-USDT
Hyperliquid CC
GMX CC/USD [WBTC.b-USDC]
Lighter CC