Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.070%
Price spread now: MEXC against KuCoin0.000%7-day average +0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$867as in the Funding arb table
Net, price: spread back to 7d avg − costs−$915as in the Price arb table
costs, in and out, $10k−$9069.062% of the position
Funding, last 7 days+0.388%+$39 on $10k
+Price spread, last 4 days (all we have)−0.048%−$5 · spread now 0.000%, 7d avg +0.088%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.088% cheaper against KuCoin than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.088%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin COOKIEUSDTM | 0.01278 | 0.0100 | pay 0.0050% / 4h | 25m 46s | $231K | $138K | 20x |
| Short | MEXC COOKIE_USDT | 0.01278 | 0.0100 | get 0.0050% / 4h | 25m 46s | $645K | $335K | 100x |
KuCoin COOKIEUSDTM
MEXC COOKIE_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
- $0
- Price spread: 0.000% → +0.088%
- −$8.77
- Slippage, 4 orders
- −$890.22
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$914.99
- Costs to cover
- 9.062%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 55 min ago; MEXC: live order book, 24 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, 55 min ago | 24.21 bp | 496.1 bp −$496 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 24 min ago | 7.99 bp | 14.5 bp −$14 | 96.4 bp −$964 | 680.3 bp −$68.0K | doesn't fit |
COOKIE on 9 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_COOKIEUSD | −0.0475% | 1h | 0.01275 | −0.222% | $11K | $36K | 10x | as long as short |
| Bybit COOKIEUSDT | −0.0047% | 4h | 0.01275 | −0.219% | $882K | $1.3M | 25x | as long as short |
| Binance COOKIEUSDT | +0.0100% | 4h | 0.01277 | −0.078% | $2.2M | $8.4M | 20x | as long as short |
| Gate COOKIE_USDT | +0.0100% | 4h | 0.01276 | −0.156% | $128K | $203K | 25x | as long as short |
| MEXC COOKIE_USDTshort | +0.0100% | 4h | 0.01278 | 0.000% | $645K | $335K | 100x | |
| KuCoin COOKIEUSDTMlong | +0.0100% | 4h | 0.01278 | long leg | $231K | $138K | 20x | |
| Bitget COOKIEUSDT | +0.0100% | 4h | 0.01276 | −0.156% | $363K | $294K | 5x | as long as short |
| BingX COOKIE-USDT | +0.0100% | 4h | 0.01278 | 0.000% | — | $6.5M | — | as long as short |
| Variational Omni COOKIE | +0.0100% | 4h | 0.01270 | −0.609% | $11K | $19K | — | as long as short |
Kraken Futures PF_COOKIEUSD
Bybit COOKIEUSDT
Binance COOKIEUSDT
Gate COOKIE_USDT
Bitget COOKIEUSDT
BingX COOKIE-USDT
Variational Omni COOKIE