Funding you earn now, next payment 12:00 UTC−0.0730%/8h= −79.9% APRnext payment −$3.65 per $10,000 · paid last 24h −0.148%
Price spread now: KuCoin against MEXC0.000%7-day average −0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$285as in the Funding arb table
Net, price: spread back to 7d avg − costs−$231as in the Price arb table
costs, in and out, $10k−$2372.373% of the position
Funding, last 7 days−0.481%−$48 on $10k
+Price spread, last 4 days (all we have)−0.122%−$12 · spread now 0.000%, 7d avg −0.067%
=The price spread pays, funding is against you. KuCoin is 0.067% dearer against MEXC than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.067%): +$7 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.481% in total) that is about 23 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.481% in total (about -25.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.65 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 DOOD_USDT | 0.001903 | 0.0830 | pay 0.0415% / 4h | 3h 01m | $178K | $185K | 20x |
| Short | KuCoin DOODUSDTM | 0.001903 | 0.0100 | get 0.0050% / 4h | 3h 01m | $227K | $70K | 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
- −$153.3
- Price spread: 0.000% → −0.067%
- $6.67
- Slippage, 4 orders
- −$217.28
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$383.9
- Costs to cover
- 2.373%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; KuCoin: live order book, 20 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, 4 min ago | 2.62 bp | 28.4 bp −$28 | 105.4 bp −$1,054 | 247.3 bp −$24.7K | doesn't fit |
| Sell KuCoin live order book, 20 min ago | 15.81 bp | 153.3 bp −$153 | doesn't fit | doesn't fit | doesn't fit |
DOOD on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOODUSDT | +0.0100% | 4h | 0.001903 | −0.021% | $1.1M | $723K | 13x | as long as short |
| OKX DOOD-USDT-SWAP | +0.0100% | 4h | 0.001902 | −0.053% | $708K | $1.0M | 20x | as long as short |
| KuCoin DOODUSDTMshort | +0.0100% | 4h | 0.001903 | 0.000% | $227K | $70K | 30x | |
| Bitget DOODUSDT | +0.0100% | 4h | 0.001906 | +0.158% | $281K | $461K | 20x | as long as short |
| Variational Omni DOOD | +0.0100% | 4h | 0.001906 | +0.141% | $11K | $382 | — | as long as short |
| Aster DOODUSDT | +0.0661% | 4h | 0.001904 | +0.053% | $126K | $13K | 5x | as long as short |
| BingX DOOD-USDT | +0.0814% | 4h | 0.001904 | +0.053% | — | $6.5M | — | as long as short |
| Binance DOODUSDT | +0.0819% | 4h | 0.001904 | +0.053% | $3.7M | $2.9M | 25x | as long as short |
| MEXC DOOD_USDTlong | +0.0830% | 4h | 0.001903 | long leg | $178K | $185K | 20x | |
| Gate DOOD_USDT | +0.1280% | 8h | 0.001903 | 0.000% | $148K | $226K | 20x | as long as short |
MEXC DOOD_USDT
KuCoin DOODUSDTM
Bybit DOODUSDT
OKX DOOD-USDT-SWAP
Bitget DOODUSDT
Variational Omni DOOD
Aster DOODUSDT
BingX DOOD-USDT
Binance DOODUSDT
Gate DOOD_USDT