Funding you earn now, next payment 04:00 UTC+0.2068%/8h= +226.4% APRnext payment +$10.34 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against MEXC−0.132%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$631as in the Funding arb table
Net, price: spread back to 7d avg − costs−$647as in the Price arb table
costs, in and out, $10k−$6346.342% of the position
Funding, last 7 days+0.029%+$3 on $10k
+Price spread, last 4 days (all we have)+0.082%+$8 · spread now −0.132%, 7d avg −0.006%
=Funding pays, the price is against you. KuCoin is 0.125% cheaper against MEXC than usual: you would sell low and buy high (spread −0.132% now, against its 7-day average of −0.006%). If the spread goes back, that is −$13 on $10k: about 5 hours of funding at the current rate (+$62 a day). At the pace of the last 7 days (+0.029% in total) that is about 31 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.029% in total (about 1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$10.34 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 DATA_USDT | 0.2274 | −0.3314 | get 0.1657% / 4h | 2h 06m | $104K | $275K | 20x |
| Short | KuCoin DATAUSDTM | 0.2271 | −0.1246 | pay 0.0623% / 4h | 2h 06m | $206K | $1.0M | 30x |
MEXC DATA_USDT
KuCoin DATAUSDTMFunding 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
- $434.28
- Price spread: −0.132% → −0.006%
- −$12.54
- Slippage, 4 orders
- −$618.17
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$212.43
- Costs to cover
- 6.342%
- Break-even
- 10.4 days
Slippage from MEXC: live order book, 43 min ago; KuCoin: live order book, 3 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, 43 min ago | 4.51 bp | 9.1 bp −$9 | 43.9 bp −$439 | 600.4 bp −$60.0K | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 21.28 bp | 299.4 bp −$299 | doesn't fit | doesn't fit | doesn't fit |
DATA 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX DATA-USDT-SWAP | −0.3343% | 4h | 0.2265 | −0.396% | $1.3M | $7.2M | 20x | as long as short |
| MEXC DATA_USDTlong | −0.3314% | 4h | 0.2274 | long leg | $104K | $275K | 20x | |
| Gate DATA_USDT | −0.2558% | 4h | 0.2271 | −0.132% | $118K | $87K | 20x | as long as short |
| Extended DATA-USD | −0.1680% | 1h | 0.2271 | −0.111% | $945 | $60 | 5x | as long as short |
| KuCoin DATAUSDTMshort | −0.1246% | 4h | 0.2271 | −0.132% | $206K | $1.0M | 30x | |
| Bybit DATAUSDT | −0.1105% | 4h | 0.2275 | +0.044% | $1.3M | $1.7M | 20x | as long as short |
| Lighter DATA | −0.0256% | 1h | 0.2275 | +0.044% | $78K | $232K | 10x | as long as short |
| Bitget DATAUSDT | +0.0042% | 4h | 0.2273 | −0.044% | $696K | $480K | 50x | as long as short |
OKX DATA-USDT-SWAP
Gate DATA_USDT
Extended DATA-USD
Bybit DATAUSDT
Lighter DATA
Bitget DATAUSDT