Funding you earn now, next payment 12:00 UTC−0.1682%/8h= −184.2% APRnext payment −$8.41 per $10,000 · paid last 24h −0.280%
Price spread now: MEXC against KuCoin+0.152%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,257as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,141as in the Price arb table
costs, in and out, $10k−$1,15911.589% of the position
Funding, last 7 days−0.979%−$98 on $10k
+Price spread, last 4 days (all we have)−0.186%−$19 · spread now +0.152%, 7d avg −0.031%
=The price spread pays, funding is against you. MEXC is 0.183% dearer against KuCoin than usual: you sell high and buy low (spread +0.152% now, against its 7-day average of −0.031%): +$18 on $10k if it goes back. Holding the pair costs −$50 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.979% in total) that is about 31 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.979% in total (about -51.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$8.41 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CHILLGUYUSDTM | 0.01443 | 0.1834 | pay 0.0917% / 4h | 1h 29m | $1.3M | $724K | 10x |
| Short | MEXC CHILLGUY_USDT | 0.01445 | 0.0152 | get 0.0076% / 4h | 1h 29m | $658K | $334K | 100x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$353.22
- Price spread: +0.152% → −0.031%
- $18.34
- Slippage, 4 orders
- −$1,142.89
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$1,493.78
- Costs to cover
- 11.589%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 9 min ago; MEXC: live order book, 9 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, 9 min ago | 7.22 bp | 722.5 bp −$723 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 9 min ago | 6.89 bp | 17.9 bp −$18 | 93.8 bp −$938 | 306.6 bp −$30.7K | 652.6 bp −$326.3K |
CHILLGUY on 11 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CHILLGUYUSDT | +0.0100% | 4h | 0.01443 | +0.005% | $13K | $64K | 5x | as long as short |
| Bybit CHILLGUYUSDT | +0.0100% | 4h | 0.01442 | −0.062% | $2.3M | $3.9M | 25x | as long as short |
| Gate CHILLGUY_USDT | +0.0100% | 4h | 0.01443 | −0.014% | $627K | $988K | 20x | as long as short |
| Variational Omni CHILLGUY | +0.0100% | 4h | 0.01440 | −0.200% | $6K | $17K | — | as long as short |
| Bitget CHILLGUYUSDT | +0.0118% | 4h | 0.01446 | +0.222% | $970K | $789K | 10x | as long as short |
| Binance CHILLGUYUSDT | +0.0147% | 4h | 0.01445 | +0.180% | $2.1M | $7.4M | 10x | as long as short |
| MEXC CHILLGUY_USDTshort | +0.0152% | 4h | 0.01445 | +0.152% | $658K | $334K | 100x | |
| BingX CHILLGUY-USDT | +0.0168% | 4h | 0.01443 | +0.049% | — | $1.6M | — | as long as short |
| BloFin CHILLGUY-USDT | +0.0400% | 4h | 0.01447 | +0.256% | $138K | $291K | 10x | as long as short |
| KuCoin CHILLGUYUSDTMlong | +0.1834% | 4h | 0.01443 | long leg | $1.3M | $724K | 10x |
Show all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_CHILLGUYUSD | +0.1864% | 1h | 0.01446 | +0.192% | $31K | $56K | 10x | as long as short |
KuCoin CHILLGUYUSDTM
MEXC CHILLGUY_USDT
Aster CHILLGUYUSDT
Bybit CHILLGUYUSDT
Gate CHILLGUY_USDT
Variational Omni CHILLGUY
Bitget CHILLGUYUSDT
Binance CHILLGUYUSDT
BingX CHILLGUY-USDT
BloFin CHILLGUY-USDT
Kraken Futures PF_CHILLGUYUSD