Funding you earn now, next payment 08:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.96 per $10,000 · paid last 24h +0.122%
Price spread now: KuCoin against MEXC−0.124%7-day average +0.238% · you buy dearer than you sell
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$265as in the Price arb table
costs, in and out, $10k−$2292.287% of the position
Funding, last 7 days+0.751%+$75 on $10k
+Price spread, last 7 days+0.547%+$55 · spread now −0.124%, 7d avg +0.238%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.362% cheaper against MEXC than usual: you would sell low and buy high (−$36 if the spread goes back to its 7-day average of +0.238%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.751%, 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 CELR_USDT | 0.003222 | −0.6623 | get 0.6623% / 8h | 3h 29m | $536K | $1.5M | 50x |
| Short | KuCoin CELRUSDTM | 0.003218 | −0.6719 | pay 0.6719% / 8h | 3h 29m | $487K | $4.0M | 25x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$20.16
- Price spread: −0.124% → +0.238%
- −$36.23
- Slippage, 4 orders
- −$212.74
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$285.13
- Costs to cover
- 2.287%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; KuCoin: live order book, 3 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, 1 min ago | 3.10 bp | 17.9 bp −$18 | 63.1 bp −$631 | 268.9 bp −$26.9K | 568.8 bp −$284.4K |
| Sell KuCoin live order book, 3 min ago | 7.76 bp | 115.5 bp −$115 | doesn't fit | doesn't fit | doesn't fit |
CELR 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_CELRUSD | −1.3917% | 1h | 0.003222 | −0.011% | $35K | $57K | 10x | as long as short |
| Gate CELR_USDT | −0.7211% | 8h | 0.003223 | +0.031% | $231K | $1.2M | 25x | as long as short |
| KuCoin CELRUSDTMshort | −0.6719% | 8h | 0.003218 | −0.124% | $487K | $4.0M | 25x | |
| Binance CELRUSDT | −0.6629% | 8h | 0.003222 | +0.004% | $3.7M | $46.0M | 25x | as long as short |
| MEXC CELR_USDTlong | −0.6623% | 8h | 0.003222 | long leg | $536K | $1.5M | 50x | |
| BloFin CELR-USDT | −0.6617% | 8h | 0.003222 | 0.000% | $356K | $388K | 25x | as long as short |
| Bitget CELRUSDT | −0.6141% | 8h | 0.003222 | 0.000% | $610K | $4.4M | 25x | as long as short |
| BingX CELR-USDT | −0.4290% | 8h | 0.003222 | 0.000% | — | $2.7M | — | as long as short |
MEXC CELR_USDT
KuCoin CELRUSDTM
Kraken Futures PF_CELRUSD
Gate CELR_USDT
Binance CELRUSDT
BloFin CELR-USDT
Bitget CELRUSDT
BingX CELR-USDT