H

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0060%/8h= −6.6% APRnext payment −$0.30 per $10,000 · paid last 24h −0.002%

Price spread now: KuCoin against MEXC−0.473%7-day average −0.076% · you buy dearer than you sell

Net, funding: paid 7d − costs−$698as in the Funding arb table

Net, price: spread back to 7d avg − costs−$736as in the Price arb table

costs, in and out, $10k−$6966.964% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.016%−$2 on $10k

Price spread, last 7 days+0.470%+$47 · spread now −0.473%, 7d avg −0.076%

Together, before fees+0.454%+$45 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.396% cheaper against MEXC than usual: you would sell low and buy high (−$40 if the spread goes back to its 7-day average of −0.076%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC H_USDT	0.06770	0.0100	pay 0.0050% / 4h	1h 11m	$6.1M	$1.1M	20x
Short	KuCoin HUSDTM	0.06738	0.0040	get 0.0020% / 4h	1h 11m	$1.6M	$9.9M	8x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee KuCoinbpOrdersPrice spread, now −0.473%Rate

Funding earned: −$12.6
Price spread: −0.473% → −0.076%: −$39.63
Slippage, 4 orders: −$680.41
Fee MEXC: 2 bp × 2 orders: −$4
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$748.64
Costs to cover: 6.964%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 min ago; KuCoin: live order book, 7 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, 1 min ago	2.23 bp	11.7 bp −$12	64.4 bp −$644	124.9 bp −$12.5K	doesn't fit
Sell KuCoin live order book, 7 min ago	2.24 bp	298.6 bp −$299	doesn't fit	doesn't fit	doesn't fit

H on 14 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
Injective H/USDC PERP	+0.0033%	1h	0.06250	−7.681%	$1K	$1	5.5x	as long as short
KuCoin HUSDTMshort	+0.0040%	4h	0.06738	−0.473%	$1.6M	$9.9M	8x
Aster HUSDT	+0.0100%	4h	0.06745	−0.365%	$110K	$57K	5x	as long as short
Binance HUSDT	+0.0100%	4h	0.06758	−0.174%	$14.5M	$11.1M	10x	as long as short
Bybit HUSDT	+0.0100%	4h	0.06763	−0.103%	$7.5M	$4.9M	13x	as long as short
OKX H-USDT-SWAP	+0.0100%	4h	0.06780	+0.148%	$1.8M	$6.1M	10x	as long as short
Gate H_USDT	+0.0100%	4h	0.06742	−0.414%	$2.8M	$1.8M	10x	as long as short
MEXC H_USDTlong	+0.0100%	4h	0.06770	long leg	$6.1M	$1.1M	20x
Bitget HUSDT	+0.0100%	4h	0.06730	−0.591%	$1.7M	$457K	4x	as long as short
BingX H-USDT	+0.0100%	4h	0.06750	−0.295%	—	$2.7M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni H	+0.0100%	4h	0.06726	−0.655%	$7K	$9K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.06749	−0.311%	$1.1M	$434K	10x	as long as short
Extended H-USD	+0.0104%	1h	0.06749	−0.312%	$9K	$105K	5x	as long as short
BloFin H-USDT	+0.0111%	4h	0.06761	−0.133%	$585K	$110K	25x	as long as short