Settings8H · net · $10k
Funding arb · Price arb /

COLLECT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0482%/8h= −52.8% APRnext payment $2.41 per $10,000 · paid last 24h −0.031%
Price spread now: KuCoin against MEXC−0.171%7-day average −0.159% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,400as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,382as in the Price arb table
costs, in and out, $10k−$1,38113.806% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.191%−$19 on $10k
Price spread, last 4 days (all we have)+0.038%+$4 · spread now −0.171%, 7d avg −0.159%
Together, before fees−0.154%−$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.159%, so right now this pair is about funding alone: −$14 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.191% in total (about -10.0% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.41 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC COLLECT_USDT0.017500.0582pay 0.0291% / 4h3h 53m$521K$120K50x
ShortKuCoin COLLECTUSDTM0.017470.0100get 0.0050% / 4h3h 53m$702K$59K20x

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

Funding earned
−$101.22
Price spread: −0.171% → −0.159%
−$1.27
Slippage, 4 orders
−$1,364.64
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,483.13
Costs to cover
13.806%
Break-even
never at this rate
Slippage from MEXC: live order book, 11 min ago; KuCoin: live order book, 70 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 11 min ago2.87 bp19.4 bp −$19123.1 bp −$1,231355.8 bp −$35.6Kdoesn't fit
Sell KuCoin live order book, 70 min ago5.78 bp586.4 bp −$586doesn't fitdoesn't fitdoesn't fit

COLLECT on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster COLLECTUSDT+0.0100%4h0.01745−0.290%$349K$25K5xas long as short
Gate COLLECT_USDT+0.0100%4h0.01751+0.057%$254K$46K20xas long as short
KuCoin COLLECTUSDTMshort+0.0100%4h0.01747−0.171%$702K$59K20x
BloFin COLLECT-USDT+0.0536%4h0.017500.000%$322K$6K20xas long as short
BingX COLLECT-USDT+0.0548%4h0.01752+0.114%$2.3Mas long as short
MEXC COLLECT_USDTlong+0.0582%4h0.01750long leg$521K$120K50x
Binance COLLECTUSDT+0.0583%4h0.01752+0.094%$5.0M$1.8M20xas long as short
Extended COLLECT-USD+0.0584%1h0.01750+0.007%$5K$194K5xas long as short