Funding you earn now, next payment 02:00 UTC+1.1632%/8h= +1273.7% APRnext payment +$14.54 per $10,000 · paid last 24h +1.129%
Price spread now: KuCoin against MEXC−0.705%7-day average −0.268% · you buy dearer than you sell
Net, funding: paid 7d − costs+$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$174as 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+0.722%+$72 · spread now −0.705%, 7d avg −0.268%
=Funding pays, the price is against you. KuCoin is 0.438% cheaper against MEXC than usual: you would sell low and buy high (spread −0.705% now, against its 7-day average of −0.268%). If the spread goes back, that is −$44 on $10k: about 3 hours of funding at the current rate (+$349 a day). At the pace of the last 7 days (+2.704% in total) that is about 27 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 +$14.54 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 G_USDT | 0.006237 | −2.7264 | get 0.3408% / 1h | 2m 00s | $3.8M | $1.4M | 20x |
| Short | KuCoin GUSDTM | 0.006193 | −1.5632 | pay 0.1954% / 1h | 2m 00s | $1.5M | $1.5M | 30x |
MEXC G_USDT
KuCoin GUSDTMFunding 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
- $2,442.72
- Price spread: −0.705% → −0.268%
- −$43.76
- Slippage, 4 orders
- −$114.48
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $2,268.49
- Costs to cover
- 1.305%
- Break-even
- 0.5 days
Slippage from MEXC: live order book, 5 min ago; KuCoin: live order book, 4 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, 5 min ago | 0.80 bp | 9.6 bp −$10 | 62.6 bp −$626 | 142.8 bp −$14.3K | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 2.42 bp | 40.9 bp −$41 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC G_USDTlong | −2.7264% | 1h | 0.006237 | long leg | $3.8M | $1.4M | 20x | |
| Bitget GUSDT | −2.7104% | 1h | 0.006238 | +0.016% | $1.4M | $8.4M | 50x | as long as short |
| Binance GUSDT | −2.6942% | 1h | 0.006232 | −0.080% | $9.2M | $72.1M | 50x | as long as short |
| Aster GUSDT | −2.6443% | 1h | 0.006224 | −0.214% | $631K | $1.8M | 5x | as long as short |
| Gate G_USDT | −2.3328% | 1h | 0.006216 | −0.337% | $971K | $5.3M | 25x | as long as short |
| KuCoin GUSDTMshort | −1.5632% | 1h | 0.006193 | −0.705% | $1.5M | $1.5M | 30x | |
| BingX G-USDT | −0.6216% | 1h | 0.006227 | −0.160% | — | $3.1M | — | as long as short |
Bitget GUSDT
Binance GUSDT
Aster GUSDT
Gate G_USDT
BingX G-USDT