Funding you earn now, next payment 04:00 UTC+0.0420%/8h= +46.0% APRnext payment +$2.10 per $10,000 · paid last 24h +0.008%
Price spread now: KuCoin against MEXC+0.095%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1251.253% of the position
Funding, last 7 days−0.025%−$2 on $10k
+Price spread, last 7 days−0.002%$0 · spread now +0.095%, 7d avg −0.018%
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and KuCoin is 0.112% dearer against MEXC than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.018%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.025% in total (about -1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.10 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 COTI_USDT | 0.01480 | −0.0320 | get 0.0160% / 4h | 3h 36m | $12.7M | $2.0M | 50x |
| Short | KuCoin COTIUSDTM | 0.01481 | 0.0100 | get 0.0050% / 4h | 3h 36m | $1.9M | $1.7M | 50x |
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
- $88.2
- Price spread: +0.095% → −0.018%
- $11.24
- Slippage, 4 orders
- −$109.33
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$25.88
- Costs to cover
- 1.253%
- Break-even
- 9.1 days
Slippage from MEXC: live order book, 2 min ago; KuCoin: live order book, 10 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, 2 min ago | 1.35 bp | 7.7 bp −$8 | 28.6 bp −$286 | 54.7 bp −$5,467 | 161.6 bp −$80.8K |
| Sell KuCoin live order book, 10 min ago | 10.07 bp | 53.0 bp −$53 | 262.9 bp −$2,629 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster COTIUSDT | −0.0481% | 4h | 0.01479 | −0.018% | $9K | $297K | 5x | as long as short |
| Binance COTIUSDT | −0.0337% | 4h | 0.01481 | +0.068% | $7.6M | $36.5M | 50x | as long as short |
| MEXC COTI_USDTlong | −0.0320% | 4h | 0.01480 | long leg | $12.7M | $2.0M | 50x | |
| BloFin COTI-USDT | −0.0097% | 4h | 0.01476 | −0.264% | $413K | $502K | 50x | as long as short |
| Bybit COTIUSDT | +0.0100% | 8h | 0.01483 | +0.203% | $3.7M | $8.0M | 50x | as long as short |
| Gate COTI_USDT | +0.0100% | 4h | 0.01483 | +0.230% | $437K | $894K | 25x | as long as short |
| KuCoin COTIUSDTMshort | +0.0100% | 4h | 0.01481 | +0.095% | $1.9M | $1.7M | 50x | |
| Bitget COTIUSDT | +0.0100% | 4h | 0.01484 | +0.297% | $3.2M | $2.6M | 50x | as long as short |
| BingX COTI-USDT | +0.0100% | 4h | 0.01480 | +0.014% | — | $1.6M | — | as long as short |
| Variational Omni COTI | +0.0100% | 8h | 0.01485 | +0.370% | $26K | $30K | — | as long as short |
MEXC COTI_USDT
KuCoin COTIUSDTM
Aster COTIUSDT
Binance COTIUSDT
BloFin COTI-USDT
Bybit COTIUSDT
Gate COTI_USDT
Bitget COTIUSDT
BingX COTI-USDT
Variational Omni COTI