Funding you earn now, next payment 00:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.34 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against MEXC+0.097%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1081.077% of the position
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 7 days−0.081%−$8 · spread now +0.097%, 7d avg +0.029%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.068% dearer against MEXC than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ETHFI_USDT | 0.7227 | 0.0032 | pay 0.0016% / 4h | 46m 48s | $15.3M | $3.8M | 125x |
| Short | KuCoin ETHFIUSDTM | 0.7234 | 0.0100 | get 0.0050% / 4h | 46m 48s | $1.2M | $273K | 50x |
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
- $14.28
- Price spread: +0.097% → +0.029%
- $6.76
- Slippage, 4 orders
- −$91.73
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$86.69
- Costs to cover
- 1.077%
- Break-even
- 49.5 days
Slippage from MEXC: live order book, 2 min ago; KuCoin: live order book, 8 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, 2 min ago | 0.69 bp | 6.4 bp −$6 | 13.7 bp −$137 | 64.3 bp −$6,425 | 178.4 bp −$89.2K |
| Sell KuCoin live order book, 8 min ago | 6.22 bp | 48.0 bp −$48 | 153.4 bp −$1,534 | doesn't fit | doesn't fit |
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX ETHFI-USDT | −0.0353% | 4h | 0.7221 | −0.083% | $84K | $164K | 20x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.0303% | 1h | 0.7226 | −0.014% | $42K | $18K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0190% | 4h | 0.7221 | −0.083% | $17K | $1K | 10x | as long as short |
| Extended ETHFI-USD | +0.0032% | 1h | 0.7224 | −0.047% | $94K | $493K | 10x | as long as short |
| MEXC ETHFI_USDTlong | +0.0032% | 4h | 0.7227 | long leg | $15.3M | $3.8M | 125x | |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +0.180% | $321 | $51K | 5.5x | as long as short |
| Binance ETHFIUSDT | +0.0034% | 4h | 0.7230 | +0.036% | $25.1M | $37.2M | 75x | as long as short |
| Aster ETHFIUSDT | +0.0041% | 4h | 0.7231 | +0.055% | $185K | $261K | 10x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0050% | 8h | 0.7228 | +0.018% | $6K | — | 5x | as long as short |
| Aevo ETHFI-PERP | +0.0088% | 1h | 0.7220 | −0.097% | $9K | — | 3x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ETHFI | +0.0096% | 1h | 0.7239 | +0.167% | $1.1M | $896K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7240 | +0.180% | $18.3M | $8.9M | 5x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7234 | +0.097% | $18.4M | $13.1M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7233 | +0.083% | $5.0M | $12.7M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7229 | +0.028% | $1.7M | $2.1M | 75x | as long as short |
| KuCoin ETHFIUSDTMshort | +0.0100% | 4h | 0.7234 | +0.097% | $1.2M | $273K | 50x | |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7228 | +0.014% | $6.2M | $5.7M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7230 | +0.042% | — | $1.2M | — | as long as short |
| Variational Omni ETHFI | +0.0100% | 4h | 0.7232 | +0.064% | $1.0M | $729K | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7228 | +0.018% | $60K | $94K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7226 | −0.014% | $2K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0130% | 4h | 0.7229 | +0.028% | $1.3M | $292K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0216% | 1h | 0.7237 | +0.138% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0547% | 1h | 0.7234 | +0.100% | $279K | $159K | 20x | as long as short |
MEXC ETHFI_USDT
KuCoin ETHFIUSDTM
HTX ETHFI-USDT
Deribit ETHFI_USDC-PERPETUAL
Extended ETHFI-USD
Injective ETHFI/USDC PERP
Binance ETHFIUSDT
Aster ETHFIUSDT
Paradex ETHFI-USD-PERP
Lighter ETHFI
Hyperliquid ETHFI
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
Bitget ETHFIUSDT
BingX ETHFI-USDC
Variational Omni ETHFI
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD