Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against MEXC−0.069%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$557as in the Funding arb table
Net, price: spread back to 7d avg − costs−$563as in the Price arb table
costs, in and out, $10k−$5595.590% of the position
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 4 days (all we have)−0.477%−$48 · spread now −0.069%, 7d avg −0.024%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.045% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC FRAX_USDT | 0.2919 | 0.0100 | pay 0.0050% / 4h | 3h 45m | $202K | $100K | 50x |
| Short | KuCoin FRAXUSDTM | 0.2917 | 0.0100 | get 0.0050% / 4h | 3h 45m | $82K | $159K | 50x |
MEXC FRAX_USDT
KuCoin FRAXUSDTMFunding 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
- $0
- Price spread: −0.069% → −0.024%
- −$4.48
- Slippage, 4 orders
- −$542.95
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$563.43
- Costs to cover
- 5.590%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 25 min ago; KuCoin: live order book, 45 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, 25 min ago | 3.42 bp | 21.1 bp −$21 | 94.4 bp −$944 | 306.7 bp −$30.7K | doesn't fit |
| Sell KuCoin live order book, 45 min ago | 25.58 bp | 257.7 bp −$258 | 429.2 bp −$4,292 | doesn't fit | 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 | 0.2919 | +0.011% | $22K | $13K | 5x | as long as short |
| Binance FRAXUSDT | +0.0100% | 4h | 0.2918 | −0.046% | $1.5M | $731K | 50x | as long as short |
| Gate FRAX_USDT | +0.0100% | 4h | 0.2916 | −0.103% | $41K | $16K | 20x | as long as short |
| MEXC FRAX_USDTlong | +0.0100% | 4h | 0.2919 | long leg | $202K | $100K | 50x | |
| KuCoin FRAXUSDTMshort | +0.0100% | 4h | 0.2917 | −0.069% | $82K | $159K | 50x | |
| Bitget FRAXUSDT | +0.0100% | 4h | 0.2917 | −0.055% | $141K | $26K | 50x | as long as short |
| BingX FRAX-USDT | +0.0100% | 4h | 0.2918 | −0.034% | — | $1.2M | — | as long as short |
Aster FRAXUSDT
Binance FRAXUSDT
Gate FRAX_USDT
Bitget FRAXUSDT
BingX FRAX-USDT