Funding you earn now, next payment 04:00 UTC−0.0554%/8h= −60.7% APRnext payment −$2.77 per $10,000 · paid last 24h −0.126%
Price spread now: MEXC against KuCoin−0.153%7-day average −0.140% · you buy dearer than you sell
Net, funding: paid 7d − costs−$611as in the Funding arb table
Net, price: spread back to 7d avg − costs−$595as in the Price arb table
costs, in and out, $10k−$5945.938% of the position
Funding, last 7 days−0.176%−$18 on $10k
+Price spread, last 4 days (all we have)−0.045%−$5 · spread now −0.153%, 7d avg −0.140%
=The price spread sits at its 7-day average of −0.140%, so right now this pair is about funding alone: −$17 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.176% in total (about -9.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.77 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 EULUSDTM | 1.4379 | 0.0654 | pay 0.0327% / 4h | 3h 37m | $310K | $56K | 25x |
| Short | MEXC EUL_USDT | 1.4357 | 0.0100 | get 0.0050% / 4h | 3h 37m | $504K | $125K | 20x |
KuCoin EULUSDTM
MEXC EUL_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
- −$116.34
- Price spread: −0.153% → −0.140%
- −$1.26
- Slippage, 4 orders
- −$577.79
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$711.39
- Costs to cover
- 5.938%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 13 min ago; MEXC: live order book, 27 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, 13 min ago | 16.00 bp | 230.7 bp −$231 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 27 min ago | 1.74 bp | 5.7 bp −$6 | 44.1 bp −$441 | 179.4 bp −$17.9K | doesn't fit |
EUL on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin EUL-USDT | +0.0094% | 4h | 1.4371 | −0.056% | $304K | $7K | 25x | as long as short |
| Aster EULUSDT | +0.0100% | 4h | 1.4368 | −0.075% | $36K | $9K | 5x | as long as short |
| Binance EULUSDT | +0.0100% | 4h | 1.4359 | −0.139% | $3.3M | $4.7M | 25x | as long as short |
| Bybit EULUSDT | +0.0100% | 4h | 1.4365 | −0.097% | $1.6M | $1.4M | 25x | as long as short |
| Gate EUL_USDT | +0.0100% | 4h | 1.4362 | −0.118% | $314K | $703K | 25x | as long as short |
| MEXC EUL_USDTshort | +0.0100% | 4h | 1.4357 | −0.153% | $504K | $125K | 20x | |
| Bitget EULUSDT | +0.0100% | 4h | 1.4380 | +0.007% | $2.2M | $272K | 25x | as long as short |
| BingX EUL-USDT | +0.0100% | 4h | 1.4360 | −0.132% | — | $6.5M | — | as long as short |
| Variational Omni EUL | +0.0100% | 4h | 1.4379 | −0.002% | $12K | $1K | — | as long as short |
| edgeX EULUSDC | +0.0110% | 4h | 1.4383 | +0.029% | $17K | $270K | 10x | as long as short |
BloFin EUL-USDT
Aster EULUSDT
Binance EULUSDT
Bybit EULUSDT
Gate EUL_USDT
Bitget EULUSDT
BingX EUL-USDT
Variational Omni EUL
edgeX EULUSDCShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX EUL-USDT | +0.0353% | 4h | 1.4426 | +0.327% | $131K | $43K | 10x | as long as short |
| KuCoin EULUSDTMlong | +0.0654% | 4h | 1.4379 | long leg | $310K | $56K | 25x |
HTX EUL-USDT