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: KuCoin against MEXC+0.153%7-day average +0.140% · you sell dearer than you buy
Net, funding: paid 7d − costs−$576as in the Funding arb table
Net, price: spread back to 7d avg − costs−$593as 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%+$4 · 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 | MEXC EUL_USDT | 1.4357 | 0.0100 | pay 0.0050% / 4h | 3h 37m | $504K | $125K | 20x |
| Short | KuCoin EULUSDTM | 1.4379 | 0.0654 | get 0.0327% / 4h | 3h 37m | $310K | $56K | 25x |
MEXC EUL_USDT
KuCoin EULUSDTMFunding 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
- $116.34
- Price spread: +0.153% → +0.140%
- $1.29
- Slippage, 4 orders
- −$577.79
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$476.16
- Costs to cover
- 5.938%
- Break-even
- 35.7 days
Slippage from MEXC: live order book, 27 min ago; KuCoin: live order book, 13 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, 27 min ago | 1.74 bp | 5.9 bp −$6 | 48.5 bp −$485 | 198.5 bp −$19.9K | doesn't fit |
| Sell KuCoin live order book, 13 min ago | 16.00 bp | 351.5 bp −$352 | doesn't fit | doesn't fit | 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 | +0.098% | $304K | $7K | 25x | as long as short |
| Aster EULUSDT | +0.0100% | 4h | 1.4368 | +0.078% | $36K | $9K | 5x | as long as short |
| Binance EULUSDT | +0.0100% | 4h | 1.4359 | +0.014% | $3.3M | $4.7M | 25x | as long as short |
| Bybit EULUSDT | +0.0100% | 4h | 1.4365 | +0.056% | $1.6M | $1.4M | 25x | as long as short |
| Gate EUL_USDT | +0.0100% | 4h | 1.4362 | +0.035% | $314K | $703K | 25x | as long as short |
| MEXC EUL_USDTlong | +0.0100% | 4h | 1.4357 | long leg | $504K | $125K | 20x | |
| Bitget EULUSDT | +0.0100% | 4h | 1.4380 | +0.160% | $2.2M | $272K | 25x | as long as short |
| BingX EUL-USDT | +0.0100% | 4h | 1.4360 | +0.021% | — | $6.5M | — | as long as short |
| Variational Omni EUL | +0.0100% | 4h | 1.4379 | +0.152% | $12K | $1K | — | as long as short |
| edgeX EULUSDC | +0.0110% | 4h | 1.4383 | +0.182% | $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 | +0.481% | $131K | $43K | 10x | as long as short |
| KuCoin EULUSDTMshort | +0.0654% | 4h | 1.4379 | +0.153% | $310K | $56K | 25x |
HTX EUL-USDT