FLOW

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0494%/8h= −54.1% APRnext payment −$2.47 per $10,000 · paid last 24h −0.007%

Price spread now: MEXC against KuCoin−0.121%7-day average −0.083% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,026as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,026as in the Price arb table

costs, in and out, $10k−$1,02210.222% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.040%−$4 on $10k

Price spread, last 4 days (all we have)+0.177%+$18 · spread now −0.121%, 7d avg −0.083%

Together, before fees+0.137%+$14 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and MEXC is 0.038% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.083%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.040% in total (about -2.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.47 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 FLOWUSDTM	0.03311	0.0100	pay 0.0050% / 4h	1h 08m	$304K	$135K	10x
Short	MEXC FLOW_USDT	0.03307	−0.0394	pay 0.0197% / 4h	1h 08m	$1.9M	$1.0M	50x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee MEXCbpOrdersPrice spread, now −0.121%Rate

Funding earned: −$103.74
Price spread: −0.121% → −0.083%: −$3.83
Slippage, 4 orders: −$1,006.19
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$1,129.75
Costs to cover: 10.222%
Break-even: never at this rate

Slippage from KuCoin: live order book, 62 min ago; MEXC: live order book, 3 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, 62 min ago	28.70 bp	513.8 bp −$514	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	1.51 bp	5.7 bp −$6	36.4 bp −$364	444.9 bp −$44.5K	doesn't fit

FLOW 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
Kraken Futures PF_FLOWUSD	−0.2125%	1h	0.03308	−0.093%	$36K	$49K	10x	as long as short
Binance FLOWUSDT	−0.0396%	4h	0.03309	−0.073%	$2.7M	$7.9M	10x	as long as short
MEXC FLOW_USDTshort	−0.0394%	4h	0.03307	−0.121%	$1.9M	$1.0M	50x
BloFin FLOW-USDT	−0.0391%	4h	0.03302	−0.272%	$146K	$22K	20x	as long as short
Aster FLOWUSDT	−0.0223%	4h	0.03307	−0.114%	$7K	$17K	5x	as long as short
Injective FLOW/USDC PERP	+0.0033%	1h	0.03046	−8.004%	$213	$14K	5.5x	as long as short
Bybit FLOWUSDT	+0.0100%	8h	0.03310	−0.030%	$1.6M	$1.3M	20x	as long as short
OKX FLOW-USDT-SWAP	+0.0100%	4h	0.03309	−0.060%	$897K	$1.8M	10x	as long as short
Gate FLOW_USDT	+0.0100%	8h	0.03310	−0.030%	$331K	$152K	10x	as long as short
KuCoin FLOWUSDTMlong	+0.0100%	4h	0.03311	long leg	$304K	$135K	10x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni FLOW	+0.0100%	8h	0.03311	+0.002%	$34K	$1K	—	as long as short
BingX FLOW-USDT	+0.0200%	4h	0.03306	−0.151%	—	$1.8M	—	as long as short