Funding you earn now, next payment 04:00 UTC+0.0356%/8h= +39.0% APRnext payment +$1.78 per $10,000 · paid last 24h +0.076%
Price spread now: MEXC against KuCoin−0.084%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$324as in the Funding arb table
Net, price: spread back to 7d avg − costs−$358as in the Price arb table
costs, in and out, $10k−$3483.483% of the position
Funding, last 7 days+0.243%+$24 on $10k
+Price spread, last 7 days+0.156%+$16 · spread now −0.084%, 7d avg +0.011%
=Funding pays, the price is against you. MEXC is 0.095% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.084% now, against its 7-day average of +0.011%). If the spread goes back, that is −$9 on $10k: about 21 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.243% in total) that is about 2.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.243% in total (about 12.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.78 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 EDGEUSDTM | 0.5962 | 0.0100 | pay 0.0050% / 4h | 1h 31m | $2.1M | $2.2M | 50x |
| Short | MEXC EDGE_USDT | 0.5957 | 0.0456 | get 0.0228% / 4h | 1h 31m | $1.2M | $901K | 50x |
KuCoin EDGEUSDTM
MEXC EDGE_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
- $74.76
- Price spread: −0.084% → +0.011%
- −$9.46
- Slippage, 4 orders
- −$328.35
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$283.05
- Costs to cover
- 3.483%
- Break-even
- 33.5 days
Slippage from KuCoin: live order book, 5 min ago; MEXC: 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 KuCoin live order book, 5 min ago | 4.21 bp | 212.0 bp −$212 | 1020.9 bp −$10.2K | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.84 bp | 8.6 bp −$9 | 75.7 bp −$757 | 250.6 bp −$25.1K | 722.5 bp −$361.3K |
EDGE on 17 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 EDGE | +0.0096% | 1h | 0.5947 | −0.248% | $43K | $19K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5956 | −0.101% | $7.1M | $3.3M | 25x | as long as short |
| KuCoin EDGEUSDTMlong | +0.0100% | 4h | 0.5962 | long leg | $2.1M | $2.2M | 50x | |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5954 | −0.134% | $4.7M | $1.1M | 20x | as long as short |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.5958 | −0.070% | $62K | $105K | 3.3x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5927 | −0.590% | $191K | $133K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5946 | −0.261% | $10K | $2.1M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5949 | −0.218% | $9K | $306K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.6207 | +4.109% | $4K | $619K | 10x | as long as short |
| edgeX EDGEUSDC | +0.0454% | 4h | 0.5941 | −0.351% | $14.2M | $3.6M | 30x | as long as short |
Lighter EDGE
Bybit EDGEUSDT
Bitget EDGEUSDT
Backpack EDGE_USDC_PERP
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
edgeX EDGEUSDCShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC EDGE_USDTshort | +0.0456% | 4h | 0.5957 | −0.084% | $1.2M | $901K | 50x | |
| Binance EDGEUSDT | +0.0472% | 4h | 0.5957 | −0.086% | $10.2M | $10.4M | 50x | as long as short |
| Extended EDGE-USD | +0.0472% | 1h | 0.5958 | −0.062% | $27K | $193K | 5x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0494% | 4h | 0.5964 | +0.034% | $3.7M | $5.8M | 20x | as long as short |
| Aster EDGEUSDT | +0.0494% | 4h | 0.5951 | −0.179% | $68K | $129K | 5x | as long as short |
| BloFin EDGE-USDT | +0.0497% | 4h | 0.5974 | +0.201% | $656K | $102K | 50x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0672% | 4h | 0.5952 | −0.168% | $3K | — | 10x | as long as short |
Binance EDGEUSDT
Extended EDGE-USD
OKX EDGE-USDT-SWAP
Aster EDGEUSDT
BloFin EDGE-USDT
Orderly PERP_EDGE_USDC