Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against KuCoin−0.138%7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$940as in the Funding arb table
Net, price: spread back to 7d avg − costs−$955as in the Price arb table
costs, in and out, $10k−$9399.385% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 4 days (all we have)+0.611%+$61 · spread now −0.138%, 7d avg +0.030%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.168% cheaper against KuCoin than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin FRAXUSDTM | 0.2900 | 0.0100 | pay 0.0050% / 4h | 42m 31s | $96K | $156K | 50x |
| Short | MEXC FRAX_USDT | 0.2896 | 0.0100 | get 0.0050% / 4h | 42m 31s | $201K | $108K | 50x |
KuCoin FRAXUSDTM
MEXC FRAX_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
- $0
- Price spread: −0.138% → +0.030%
- −$16.78
- Slippage, 4 orders
- −$922.53
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$955.31
- Costs to cover
- 9.385%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 32 min ago; MEXC: live order book, 53 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, 32 min ago | 39.44 bp | 475.1 bp −$475 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 53 min ago | 1.72 bp | 16.6 bp −$17 | 98.5 bp −$985 | 349.2 bp −$34.9K | doesn't fit |
FRAX on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster FRAXUSDT | +0.0100% | 4h | 0.2902 | +0.054% | $20K | $10K | 5x | as long as short |
| Binance FRAXUSDT | +0.0100% | 4h | 0.2896 | −0.154% | $1.5M | $938K | 50x | as long as short |
| Gate FRAX_USDT | +0.0100% | 4h | 0.2903 | +0.103% | $42K | $15K | 20x | as long as short |
| MEXC FRAX_USDTshort | +0.0100% | 4h | 0.2896 | −0.138% | $201K | $108K | 50x | |
| KuCoin FRAXUSDTMlong | +0.0100% | 4h | 0.2900 | long leg | $96K | $156K | 50x | |
| Bitget FRAXUSDT | +0.0100% | 4h | 0.2898 | −0.062% | $146K | $40K | 50x | as long as short |
| BingX FRAX-USDT | +0.0100% | 4h | 0.2894 | −0.207% | — | $1.2M | — | as long as short |
Aster FRAXUSDT
Binance FRAXUSDT
Gate FRAX_USDT
Bitget FRAXUSDT
BingX FRAX-USDT