Funding you earn now, next payment 00:00 UTC+0.1010%/8h= +110.6% APRnext payment +$5.05 per $10,000 · paid last 24h +0.217%
Price spread now: MEXC against KuCoin0.000%7-day average +0.170% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,549as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,622as in the Price arb table
costs, in and out, $10k−$1,60516.051% of the position
Funding, last 7 days+0.556%+$56 on $10k
+Price spread, last 4 days (all we have)+0.143%+$14 · spread now 0.000%, 7d avg +0.170%
=Funding pays, the price is against you. MEXC is 0.170% cheaper against KuCoin than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.170%). If the spread goes back, that is −$17 on $10k: about 13 hours of funding at the current rate (+$30 a day). At the pace of the last 7 days (+0.556% in total) that is about 2.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.556% in total (about 29.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.05 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 CTRUSDTM | 0.01188 | 0.0100 | pay 0.0050% / 4h | 2h 37m | $275K | $341K | 20x |
| Short | MEXC CTR_USDT | 0.01188 | 0.1110 | get 0.0555% / 4h | 2h 37m | $641K | $131K | 20x |
KuCoin CTRUSDTM
MEXC CTR_USDTFunding 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
- $212.1
- Price spread: 0.000% → +0.170%
- −$17
- Slippage, 4 orders
- −$1,585.1
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$1,410
- Costs to cover
- 16.051%
- Break-even
- 53.5 days
Slippage from KuCoin: live order book, 43 min ago; MEXC: live order book, 46 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, 43 min ago | 4.22 bp | 874.5 bp −$875 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 46 min ago | 2.96 bp | 19.3 bp −$19 | 87.6 bp −$876 | 489.5 bp −$48.9K | doesn't fit |
CTR on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter CTR | +0.0096% | 1h | 0.01186 | −0.168% | $10K | $339 | 3x | as long as short |
| Bybit CTRUSDT | +0.0100% | 4h | 0.01187 | −0.059% | $252K | $122K | 20x | as long as short |
| Gate CTR_USDT | +0.0100% | 4h | 0.01193 | +0.421% | $115K | $16K | 20x | as long as short |
| KuCoin CTRUSDTMlong | +0.0100% | 4h | 0.01188 | long leg | $275K | $341K | 20x | |
| Aster CTRUSDT | +0.0745% | 4h | 0.01185 | −0.244% | $9K | $6K | 5x | as long as short |
| Bitget CTRUSDT | +0.1030% | 4h | 0.01189 | +0.084% | $544K | $55K | 20x | as long as short |
| MEXC CTR_USDTshort | +0.1110% | 4h | 0.01188 | 0.000% | $641K | $131K | 20x | |
| Binance CTRUSDT | +0.1123% | 4h | 0.01188 | +0.034% | $2.2M | $818K | 20x | as long as short |
Lighter CTR
Bybit CTRUSDT
Gate CTR_USDT
Aster CTRUSDT
Bitget CTRUSDT
Binance CTRUSDT