Funding you earn now, next payment 04:00 UTC−0.0516%/8h= −56.5% APRnext payment −$2.58 per $10,000 · paid last 24h −0.066%
Price spread now: KuCoin against MEXC−0.142%7-day average −0.138% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,016as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,011as in the Price arb table
costs, in and out, $10k−$1,01010.102% of the position
Funding, last 7 days−0.057%−$6 on $10k
+Price spread, last 4 days (all we have)+0.102%+$10 · spread now −0.142%, 7d avg −0.138%
=The price spread sits at its 7-day average of −0.138%, so right now this pair is about funding alone: −$15 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.057% in total (about -3.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.58 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 GWEI_USDT | 0.02318 | 0.0628 | pay 0.0314% / 4h | 2h 47m | $107K | $86K | 20x |
| Short | KuCoin GWEIUSDTM | 0.02315 | 0.0112 | get 0.0056% / 4h | 2h 47m | $454K | $22K | 20x |
MEXC GWEI_USDT
KuCoin GWEIUSDTMFunding 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
- −$108.36
- Price spread: −0.142% → −0.138%
- −$0.46
- Slippage, 4 orders
- −$994.24
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,119.06
- Costs to cover
- 10.102%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 57 min ago; KuCoin: live order book, 64 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, 57 min ago | 2.15 bp | 21.4 bp −$21 | 109.5 bp −$1,095 | 478.7 bp −$47.9K | doesn't fit |
| Sell KuCoin live order book, 64 min ago | 28.35 bp | 185.7 bp −$186 | doesn't fit | doesn't fit | doesn't fit |
GWEI on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit GWEIUSDT | +0.0100% | 4h | 0.02323 | +0.216% | $383K | $125K | 25x | as long as short |
| Variational Omni GWEI | +0.0100% | 4h | 0.02326 | +0.351% | $4K | $55 | — | as long as short |
| KuCoin GWEIUSDTMshort | +0.0112% | 4h | 0.02315 | −0.142% | $454K | $22K | 20x | |
| BloFin GWEI-USDT | +0.0592% | 4h | 0.02324 | +0.259% | $174K | $30K | 50x | as long as short |
| BingX GWEI-USDT | +0.0596% | 4h | 0.02322 | +0.173% | — | $1.6M | — | as long as short |
| MEXC GWEI_USDTlong | +0.0628% | 4h | 0.02318 | long leg | $107K | $86K | 20x | |
| Binance GWEIUSDT | +0.0629% | 4h | 0.02319 | +0.034% | $2.4M | $2.6M | 50x | as long as short |
| Extended GWEI-USD | +0.0632% | 1h | 0.02318 | +0.010% | $5K | $123K | 5x | as long as short |
| Bitget GWEIUSDT | +0.0712% | 4h | 0.02316 | −0.086% | $1.9M | $218K | 20x | as long as short |
| Gate GWEI_USDT | +0.0822% | 4h | 0.02318 | +0.017% | $390K | $403K | 10x | as long as short |
Bybit GWEIUSDT
Variational Omni GWEI
BloFin GWEI-USDT
BingX GWEI-USDT
Binance GWEIUSDT
Extended GWEI-USD
Bitget GWEIUSDT
Gate GWEI_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GWEIUSDT | +0.1560% | 4h | 0.02323 | +0.202% | $18K | $17K | 10x | as long as short |
Aster GWEIUSDT