Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.070%
Price spread now: KuCoin against MEXC−0.316%7-day average −0.087% · you buy dearer than you sell
Net, funding: paid 7d − costs−$854as in the Funding arb table
Net, price: spread back to 7d avg − costs−$839as in the Price arb table
costs, in and out, $10k−$8168.157% of the position
Funding, last 7 days−0.380%−$38 on $10k
+Price spread, last 4 days (all we have)+0.317%+$32 · spread now −0.316%, 7d avg −0.087%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.229% cheaper against MEXC than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of −0.087%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC COOKIE_USDT | 0.01266 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $641K | $346K | 100x |
| Short | KuCoin COOKIEUSDTM | 0.01262 | 0.0100 | get 0.0050% / 4h | 3h 30m | $224K | $143K | 20x |
MEXC COOKIE_USDT
KuCoin COOKIEUSDTMFunding 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
- $0
- Price spread: −0.316% → −0.087%
- −$22.93
- Slippage, 4 orders
- −$799.71
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$838.64
- Costs to cover
- 8.157%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 15 min ago; KuCoin: live order book, 40 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, 15 min ago | 8.05 bp | 13.2 bp −$13 | 115.6 bp −$1,156 | 614.5 bp −$61.5K | doesn't fit |
| Sell KuCoin live order book, 40 min ago | 19.69 bp | 413.6 bp −$414 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance COOKIEUSDT | +0.0100% | 4h | 0.01266 | +0.024% | $2.1M | $8.8M | 20x | as long as short |
| Bybit COOKIEUSDT | +0.0100% | 4h | 0.01264 | −0.182% | $874K | $1.4M | 25x | as long as short |
| Gate COOKIE_USDT | +0.0100% | 4h | 0.01262 | −0.316% | $127K | $216K | 25x | as long as short |
| MEXC COOKIE_USDTlong | +0.0100% | 4h | 0.01266 | long leg | $641K | $346K | 100x | |
| KuCoin COOKIEUSDTMshort | +0.0100% | 4h | 0.01262 | −0.316% | $224K | $143K | 20x | |
| Bitget COOKIEUSDT | +0.0100% | 4h | 0.01266 | 0.000% | $365K | $296K | 5x | as long as short |
| BingX COOKIE-USDT | +0.0100% | 4h | 0.01264 | −0.174% | — | $6.6M | — | as long as short |
| Variational Omni COOKIE | +0.0100% | 4h | 0.01263 | −0.254% | $12K | $20K | — | as long as short |
| Kraken Futures PF_COOKIEUSD | +0.0702% | 1h | 0.01265 | −0.111% | $13K | $40K | 10x | as long as short |
Binance COOKIEUSDT
Bybit COOKIEUSDT
Gate COOKIE_USDT
Bitget COOKIEUSDT
BingX COOKIE-USDT
Variational Omni COOKIE
Kraken Futures PF_COOKIEUSD