Funding you earn now, next payment 08:00 UTC−0.0412%/8h= −45.1% APRnext payment −$2.06 per $10,000 · paid last 24h −0.048%
Price spread now: MEXC against KuCoin−0.179%7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1141.138% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 7 days+0.212%+$21 · spread now −0.179%, 7d avg +0.020%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and MEXC is 0.199% cheaper against KuCoin than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of +0.020%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.010% in total (about 0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.06 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 | KuCoin COTIUSDTM | 0.01455 | −0.3672 | get 0.1836% / 4h | 3h 50m | $1.8M | $2.3M | 50x |
| Short | MEXC COTI_USDT | 0.01452 | −0.4084 | pay 0.2042% / 4h | 3h 50m | $11.8M | $2.2M | 50x |
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
- −$86.52
- Price spread: −0.179% → +0.020%
- −$19.87
- Slippage, 4 orders
- −$97.84
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$220.23
- Costs to cover
- 1.138%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 1 min ago; MEXC: live order book, 2 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, 1 min ago | 6.88 bp | 44.8 bp −$45 | 597.1 bp −$5,971 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 1.03 bp | 8.1 bp −$8 | 22.6 bp −$226 | 57.4 bp −$5,740 | 202.1 bp −$101.1K |
COTI on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate COTI_USDT | −0.6682% | 4h | 0.01455 | 0.000% | $430K | $1.1M | 25x | as long as short |
| Binance COTIUSDT | −0.4122% | 4h | 0.01452 | −0.204% | $7.9M | $43.7M | 50x | as long as short |
| MEXC COTI_USDTshort | −0.4084% | 4h | 0.01452 | −0.179% | $11.8M | $2.2M | 50x | |
| Aster COTIUSDT | −0.3976% | 4h | 0.01451 | −0.261% | $9K | $343K | 5x | as long as short |
| KuCoin COTIUSDTMlong | −0.3672% | 4h | 0.01455 | long leg | $1.8M | $2.3M | 50x | |
| BloFin COTI-USDT | −0.2859% | 4h | 0.01451 | −0.247% | $439K | $640K | 50x | as long as short |
| Bitget COTIUSDT | −0.2256% | 4h | 0.01453 | −0.137% | $3.3M | $3.3M | 50x | as long as short |
| Bybit COTIUSDT | −0.1785% | 8h | 0.01452 | −0.192% | $3.7M | $9.5M | 50x | as long as short |
| BingX COTI-USDT | −0.1206% | 4h | 0.01452 | −0.241% | — | $1.6M | — | as long as short |
| Variational Omni COTI | −0.0794% | 8h | 0.01451 | −0.261% | $29K | $39K | — | as long as short |
KuCoin COTIUSDTM
MEXC COTI_USDT
Gate COTI_USDT
Binance COTIUSDT
Aster COTIUSDT
BloFin COTI-USDT
Bitget COTIUSDT
Bybit COTIUSDT
BingX COTI-USDT
Variational Omni COTI