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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC COLLECT_USDT | 0.01750 | 0.0582 | pay 0.0291% / 4h | 3h 53m | $521K | $120K | 50x |
| Short | KuCoin COLLECTUSDTM | 0.01747 | 0.0100 | get 0.0050% / 4h | 3h 53m | $702K | $59K | 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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 11 min ago | 2.87 bp | 19.4 bp −$19 | 123.1 bp −$1,231 | 355.8 bp −$35.6K | doesn't fit |
| Sell KuCoin live order book, 70 min ago | 5.78 bp | 586.4 bp −$586 | doesn't fit | doesn't fit | doesn't fit |
COLLECT 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster COLLECTUSDT | +0.0100% | 4h | 0.01745 | −0.290% | $349K | $25K | 5x | as long as short |
| Gate COLLECT_USDT | +0.0100% | 4h | 0.01751 | +0.057% | $254K | $46K | 20x | as long as short |
| KuCoin COLLECTUSDTMshort | +0.0100% | 4h | 0.01747 | −0.171% | $702K | $59K | 20x | |
| BloFin COLLECT-USDT | +0.0536% | 4h | 0.01750 | 0.000% | $322K | $6K | 20x | as long as short |
| BingX COLLECT-USDT | +0.0548% | 4h | 0.01752 | +0.114% | — | $2.3M | — | as long as short |
| MEXC COLLECT_USDTlong | +0.0582% | 4h | 0.01750 | long leg | $521K | $120K | 50x | |
| Binance COLLECTUSDT | +0.0583% | 4h | 0.01752 | +0.094% | $5.0M | $1.8M | 20x | as long as short |
| Extended COLLECT-USD | +0.0584% | 1h | 0.01750 | +0.007% | $5K | $194K | 5x | as long as short |
MEXC COLLECT_USDT
KuCoin COLLECTUSDTM
Aster COLLECTUSDT
Gate COLLECT_USDT
BloFin COLLECT-USDT
BingX COLLECT-USDT
Binance COLLECTUSDT
Extended COLLECT-USD