Funding you earn now, next payment 04:00 UTC−0.1038%/8h= −113.7% APRnext payment −$5.19 per $10,000 · paid last 24h −0.114%
Price spread now: KuCoin against MEXC−0.028%7-day average −0.240% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2,299as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,210as in the Price arb table
costs, in and out, $10k−$2,23222.316% of the position
Funding, last 7 days−0.677%−$68 on $10k
+Price spread, last 4 days (all we have)−0.158%−$16 · spread now −0.028%, 7d avg −0.240%
=The price spread pays, funding is against you. KuCoin is 0.213% dearer against MEXC than usual: you sell high and buy low (spread −0.028% now, against its 7-day average of −0.240%): +$21 on $10k if it goes back. Holding the pair costs −$31 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 7 days (−0.677% in total) that is about 2.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.677% in total (about -35.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.19 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 FIGHT_USDT | 0.003619 | 0.1260 | pay 0.0630% / 4h | 16m 59s | $212K | $127K | 20x |
| Short | KuCoin FIGHTUSDTM | 0.003618 | 0.0222 | get 0.0111% / 4h | 16m 59s | $456K | $26K | 20x |
MEXC FIGHT_USDT
KuCoin FIGHTUSDTMFunding 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
- −$217.98
- Price spread: −0.028% → −0.240%
- $21.28
- Slippage, 4 orders
- −$2,215.56
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$2,428.26
- Costs to cover
- 22.316%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 14 min ago; KuCoin: live order book, 66 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, 14 min ago | 1.38 bp | 21.1 bp −$21 | 117.8 bp −$1,178 | 445.9 bp −$44.6K | doesn't fit |
| Sell KuCoin live order book, 66 min ago | 20.95 bp | 1081.9 bp −$1,082 | doesn't fit | doesn't fit | doesn't fit |
FIGHT on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit FIGHTUSDT | +0.0100% | 4h | 0.003625 | +0.166% | $1.6M | $207K | 20x | as long as short |
| KuCoin FIGHTUSDTMshort | +0.0222% | 4h | 0.003618 | −0.028% | $456K | $26K | 20x | |
| Aster FIGHTUSDT | +0.1200% | 4h | 0.003615 | −0.102% | $13K | $6K | 5x | as long as short |
| Binance FIGHTUSDT | +0.1241% | 4h | 0.003620 | +0.032% | $3.3M | $1.3M | 20x | as long as short |
| MEXC FIGHT_USDTlong | +0.1260% | 4h | 0.003619 | long leg | $212K | $127K | 20x | |
| BloFin FIGHT-USDT | +0.1263% | 4h | 0.003615 | −0.111% | $312K | $7K | 20x | as long as short |
| Gate FIGHT_USDT | +0.1312% | 4h | 0.003625 | +0.166% | $226K | $61K | 20x | as long as short |
| Bitget FIGHTUSDT | +0.1826% | 4h | 0.003613 | −0.166% | $1.1M | $128K | 5x | as long as short |
Bybit FIGHTUSDT
Aster FIGHTUSDT
Binance FIGHTUSDT
BloFin FIGHT-USDT
Gate FIGHT_USDT
Bitget FIGHTUSDT