Funding you earn now, next payment 02:00 UTC−1.1272%/8h= −1234.3% APRnext payment −$14.09 per $10,000 · paid last 24h −1.129%
Price spread now: MEXC against KuCoin+0.531%7-day average +0.268% · you sell dearer than you buy
Net, funding: paid 7d − costs−$401as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1301.305% of the position
Funding, last 7 days−2.704%−$270 on $10k
+Price spread, last 7 days−0.548%−$55 · spread now +0.531%, 7d avg +0.268%
=The price spread pays, funding is against you. MEXC is 0.264% dearer against KuCoin than usual: you sell high and buy low (spread +0.531% now, against its 7-day average of +0.268%): +$26 on $10k if it goes back. Holding the pair costs −$338 a day in funding at the current rate, which eats that in about 2 hours. At the pace of the last 7 days (−2.704% in total) that is about 16 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -2.704% in total (about -141.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$14.09 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 GUSDTM | 0.006209 | −1.6336 | get 0.2042% / 1h | 4m 16s | $1.5M | $1.5M | 30x |
| Short | MEXC G_USDT | 0.006242 | −2.7608 | pay 0.3451% / 1h | 4m 16s | $3.8M | $1.4M | 20x |
KuCoin GUSDTM
MEXC G_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
- −$2,367.12
- Price spread: +0.531% → +0.268%
- $26.36
- Slippage, 4 orders
- −$114.48
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$2,471.24
- Costs to cover
- 1.305%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 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, 2 min ago | 2.42 bp | 67.6 bp −$68 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.80 bp | 12.3 bp −$12 | 59.9 bp −$599 | 146.8 bp −$14.7K | doesn't fit |
G 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance GUSDT | −2.7616% | 1h | 0.006248 | +0.623% | $9.3M | $72.4M | 50x | as long as short |
| MEXC G_USDTshort | −2.7608% | 1h | 0.006242 | +0.531% | $3.8M | $1.4M | 20x | |
| Bitget GUSDT | −2.7560% | 1h | 0.006250 | +0.660% | $1.4M | $8.4M | 50x | as long as short |
| Aster GUSDT | −2.6722% | 1h | 0.006230 | +0.333% | $632K | $1.8M | 5x | as long as short |
| Gate G_USDT | −2.3952% | 1h | 0.006226 | +0.274% | $972K | $5.3M | 25x | as long as short |
| KuCoin GUSDTMlong | −1.6336% | 1h | 0.006209 | long leg | $1.5M | $1.5M | 30x | |
| BingX G-USDT | −0.6424% | 1h | 0.006239 | +0.483% | — | $3.1M | — | as long as short |
Binance GUSDT
Bitget GUSDT
Aster GUSDT
Gate G_USDT
BingX G-USDT