Settings8H · net · $10k
Funding arb · Price arb /

CP

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against MEXC+0.145%7-day average +0.116% · you sell dearer than you buy
Net, funding: paid 7d − costs−$467as in the Funding arb table
Net, price: spread back to 7d avg − costs−$448as in the Price arb table
costs, in and out, $10k−$4514.510% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.155%−$16 on $10k
Price spread, last 4 days (all we have)+0.011%+$1 · spread now +0.145%, 7d avg +0.116%
Together, before fees−0.144%−$14 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.029% dearer against MEXC than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.116%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC CP_USDT0.013770.0100pay 0.0050% / 4h2h 21m$1.5M$381K20x
ShortKuCoin CPUSDTM0.013790.0100get 0.0050% / 4h2h 21m$197K$906K20x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.145% → +0.116%
$2.93
Slippage, 4 orders
−$435.01
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$448.08
Costs to cover
4.510%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; KuCoin: live order book, 38 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 5 min ago3.63 bp8.5 bp −$949.6 bp −$496417.4 bp −$41.7Kdoesn't fit
Sell KuCoin live order book, 38 min ago11.06 bp177.3 bp −$177doesn't fitdoesn't fitdoesn't fit

CP on 7 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CP-USDT+0.0070%4h0.013770.000%$1.0Mas long as short
Bybit CPUSDT+0.0100%4h0.013770.000%$1.4M$2.5M20xas long as short
OKX CP-USDT-SWAP+0.0100%4h0.013770.000%$3.8M$11.1M20xas long as short
Gate CP_USDT+0.0100%4h0.01376−0.073%$572K$525K20xas long as short
MEXC CP_USDTlong+0.0100%4h0.01377long leg$1.5M$381K20x
KuCoin CPUSDTMshort+0.0100%4h0.01379+0.145%$197K$906K20x
Bitget CPUSDT+0.0100%4h0.01377−0.022%$777K$1.5M20xas long as short