Funding you earn now, next payment 00:00 UTC+0.0132%/8h= +14.5% APRnext payment +$0.66 per $10,000 · paid last 24h +0.073%
Price spread now: KuCoin against MEXC+0.183%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs+$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$1001.001% of the position
Funding, last 7 days+1.181%+$118 on $10k
+Price spread, last 4 days (all we have)−0.245%−$25 · spread now +0.183%, 7d avg +0.057%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and KuCoin is 0.126% dearer against MEXC than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.057%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CVC_USDT | 0.02735 | −0.0032 | get 0.0016% / 4h | 1h 26m | $652K | $124K | 20x |
| Short | KuCoin CVCUSDTM | 0.02740 | 0.0100 | get 0.0050% / 4h | 1h 26m | $1.4M | $394K | 30x |
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
- $27.72
- Price spread: +0.183% → +0.057%
- $12.59
- Slippage, 4 orders
- −$84.1
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$59.79
- Costs to cover
- 1.001%
- Break-even
- 22.1 days
Slippage from MEXC: live order book, 49 min ago; KuCoin: live order book, 4 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, 49 min ago | 1.82 bp | 8.7 bp −$9 | 32.8 bp −$328 | 218.4 bp −$21.8K | 602.3 bp −$301.1K |
| Sell KuCoin live order book, 4 min ago | 3.65 bp | 39.7 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
CVC 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CVC_USDT | −0.0798% | 4h | 0.02736 | +0.037% | $211K | $311K | 25x | as long as short |
| BingX CVC-USDT | −0.0218% | 4h | 0.02730 | −0.183% | — | $2.4M | — | as long as short |
| Bitget CVCUSDT | −0.0212% | 4h | 0.02735 | 0.000% | $466K | $478K | 50x | as long as short |
| MEXC CVC_USDTlong | −0.0032% | 4h | 0.02735 | long leg | $652K | $124K | 20x | |
| Binance CVCUSDT | −0.0029% | 4h | 0.02735 | 0.000% | $2.9M | $5.7M | 50x | as long as short |
| Variational Omni CVC | +0.0100% | 1h | 0.02713 | −0.799% | $1K | $370 | — | as long as short |
| Bybit CVCUSDT | +0.0100% | 1h | 0.02715 | −0.731% | $1.7M | $1.4M | 25x | as long as short |
| KuCoin CVCUSDTMshort | +0.0100% | 4h | 0.02740 | +0.183% | $1.4M | $394K | 30x |
MEXC CVC_USDT
KuCoin CVCUSDTM
Gate CVC_USDT
BingX CVC-USDT
Bitget CVCUSDT
Binance CVCUSDT
Variational Omni CVC
Bybit CVCUSDT