Funding you earn now, next payment 04:00 UTC−0.0488%/8h= −53.4% APRnext payment −$2.44 per $10,000 · paid last 24h −0.076%
Price spread now: KuCoin against MEXC+0.033%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$420as in the Funding arb table
Net, price: spread back to 7d avg − costs−$391as in the Price arb table
costs, in and out, $10k−$3963.959% of the position
Funding, last 7 days−0.243%−$24 on $10k
+Price spread, last 7 days−0.111%−$11 · spread now +0.033%, 7d avg −0.012%
=The price spread pays, funding is against you. KuCoin is 0.045% dearer against MEXC than usual: you sell high and buy low (spread +0.033% now, against its 7-day average of −0.012%): +$5 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.243% in total) that is about 31 hours.
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 −$2.44 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 EDGE_USDT | 0.6023 | 0.0588 | pay 0.0294% / 4h | 3h 07m | $1.2M | $916K | 50x |
| Short | KuCoin EDGEUSDTM | 0.6025 | 0.0100 | get 0.0050% / 4h | 3h 07m | $2.2M | $2.2M | 50x |
MEXC EDGE_USDT
KuCoin EDGEUSDTMFunding 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
- −$102.48
- Price spread: +0.033% → −0.012%
- $4.5
- Slippage, 4 orders
- −$375.86
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$493.83
- Costs to cover
- 3.959%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 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, 4 min ago | 0.83 bp | 9.7 bp −$10 | 77.2 bp −$772 | 224.9 bp −$22.5K | 767.0 bp −$383.5K |
| Sell KuCoin live order book, 4 min ago | 4.99 bp | 227.3 bp −$227 | 920.7 bp −$9,207 | doesn't fit | doesn't fit |
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 | 0.6014 | −0.149% | $50K | $14K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.6013 | −0.166% | $7.2M | $3.3M | 25x | as long as short |
| KuCoin EDGEUSDTMshort | +0.0100% | 4h | 0.6025 | +0.033% | $2.2M | $2.2M | 50x | |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.6024 | +0.017% | $4.8M | $1.0M | 20x | as long as short |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.6024 | +0.008% | $57K | $99K | 3.3x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.6005 | −0.307% | $192K | $126K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.6029 | +0.100% | $486 | $1.9M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.6035 | +0.199% | $9K | $294K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.6304 | +4.665% | $4K | $611K | 10x | as long as short |
| edgeX EDGEUSDC | +0.0458% | 4h | 0.6038 | +0.255% | $14.4M | $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 | |
|---|---|---|---|---|---|---|---|---|
| OKX EDGE-USDT-SWAP | +0.0489% | 4h | 0.6028 | +0.083% | $3.7M | $5.8M | 20x | as long as short |
| Aster EDGEUSDT | +0.0578% | 4h | 0.6028 | +0.083% | $69K | $133K | 5x | as long as short |
| Binance EDGEUSDT | +0.0582% | 4h | 0.6023 | 0.000% | $10.3M | $10.2M | 50x | as long as short |
| MEXC EDGE_USDTlong | +0.0588% | 4h | 0.6023 | long leg | $1.2M | $916K | 50x | |
| BloFin EDGE-USDT | +0.0589% | 4h | 0.6025 | +0.033% | $655K | $96K | 50x | as long as short |
| Extended EDGE-USD | +0.0592% | 1h | 0.6028 | +0.085% | $27K | $194K | 5x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0796% | 4h | 0.6024 | +0.017% | $3K | — | 10x | as long as short |
OKX EDGE-USDT-SWAP
Aster EDGEUSDT
Binance EDGEUSDT
BloFin EDGE-USDT
Extended EDGE-USD
Orderly PERP_EDGE_USDC