Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against MEXC−0.188%7-day average +0.109% · you buy dearer than you sell
Net, funding: paid 7d − costs−$460as in the Funding arb table
Net, price: spread back to 7d avg − costs−$490as in the Price arb table
costs, in and out, $10k−$4604.604% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.188%+$19 · spread now −0.188%, 7d avg +0.109%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.298% cheaper against MEXC than usual: you would sell low and buy high, −$30 on $10k if it goes back to its 7-day average of +0.109%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC COW_USDT | 0.1592 | 0.0100 | pay 0.0050% / 4h | 3h 25m | $593K | $203K | 20x |
| Short | KuCoin COWUSDTM | 0.1589 | 0.0100 | get 0.0050% / 4h | 3h 25m | $218K | $43K | 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
- $0
- Price spread: −0.188% → +0.109%
- −$29.78
- Slippage, 4 orders
- −$444.43
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$490.21
- Costs to cover
- 4.604%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 65 min ago; KuCoin: live order book, 66 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, 65 min ago | 3.08 bp | 6.0 bp −$6 | 39.4 bp −$394 | 292.0 bp −$29.2K | 391.4 bp −$195.7K |
| Sell KuCoin live order book, 66 min ago | 18.52 bp | 156.2 bp −$156 | doesn't fit | doesn't fit | doesn't fit |
COW on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin COW-USDT | +0.0086% | 4h | 0.1585 | −0.440% | $137K | $31K | 75x | as long as short |
| Aster COWUSDT | +0.0100% | 4h | 0.1590 | −0.145% | $30K | $13K | 5x | as long as short |
| Binance COWUSDT | +0.0100% | 4h | 0.1592 | 0.000% | $2.1M | $3.3M | 50x | as long as short |
| Bybit COWUSDT | +0.0100% | 4h | 0.1591 | −0.038% | $954K | $522K | 25x | as long as short |
| Gate COW_USDT | +0.0100% | 4h | 0.1588 | −0.251% | $121K | $76K | 50x | as long as short |
| MEXC COW_USDTlong | +0.0100% | 4h | 0.1592 | long leg | $593K | $203K | 20x | |
| KuCoin COWUSDTMshort | +0.0100% | 4h | 0.1589 | −0.188% | $218K | $43K | 20x | |
| Bitget COWUSDT | +0.0100% | 4h | 0.1589 | −0.188% | $371K | $236K | 50x | as long as short |
| BingX COW-USDT | +0.0100% | 4h | 0.1590 | −0.126% | — | $6.6M | — | as long as short |
| Variational Omni COW | +0.0100% | 4h | 0.1591 | −0.079% | $8K | $3K | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_COWUSD | +0.1669% | 1h | 0.1590 | −0.150% | $5K | $212 | 10x | as long as short |
MEXC COW_USDT
KuCoin COWUSDTM
BloFin COW-USDT
Aster COWUSDT
Binance COWUSDT
Bybit COWUSDT
Gate COW_USDT
Bitget COWUSDT
BingX COW-USDT
Variational Omni COW
Kraken Futures PF_COWUSD