Funding you earn now, next payment 08:00 UTC−0.0308%/8h= −33.7% APRnext payment −$1.54 per $10,000 · paid last 24h −0.100%
Price spread now: KuCoin against MEXC−0.203%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.202%−$20 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and KuCoin is 0.203% cheaper against MEXC than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.202% in total (about -10.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.54 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 HANA_USDT | 0.01479 | 0.0408 | pay 0.0204% / 4h | 2h 11m | $69K | $91K | 100x |
| Short | KuCoin HANAUSDTM | 0.01476 | 0.0100 | get 0.0050% / 4h | 2h 11m | $607K | $783K | 10x |
MEXC HANA_USDT
KuCoin HANAUSDTMFunding 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
- −$64.68
- Price spread: −0.203% → 0.000%
- −$20.28
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$100.96
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: MEXC: no order-book sample; KuCoin: live order book, 28 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 28 min ago | 6.86 bp | 781.3 bp −$781 | doesn't fit | doesn't fit | doesn't fit |
MEXC: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
HANA on 8 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 HANAUSDT | +0.0100% | 4h | 0.01477 | −0.109% | $13K | $8K | 5x | as long as short |
| Bybit HANAUSDT | +0.0100% | 4h | 0.01482 | +0.203% | $897K | $549K | 25x | as long as short |
| KuCoin HANAUSDTMshort | +0.0100% | 4h | 0.01476 | −0.203% | $607K | $783K | 10x | |
| Gate HANA_USDT | +0.0186% | 8h | 0.01480 | +0.068% | $643K | $630K | 25x | as long as short |
| BingX HANA-USDT | +0.0398% | 4h | 0.01480 | +0.068% | — | $6.5M | — | as long as short |
| MEXC HANA_USDTlong | +0.0408% | 4h | 0.01479 | long leg | $69K | $91K | 100x | |
| Binance HANAUSDT | +0.0425% | 4h | 0.01478 | −0.068% | $5.2M | $2.7M | 10x | as long as short |
| BloFin HANA-USDT | +0.0482% | 4h | 0.01484 | +0.338% | $334K | $5K | 10x | as long as short |
Aster HANAUSDT
Bybit HANAUSDT
Gate HANA_USDT
BingX HANA-USDT
Binance HANAUSDT
BloFin HANA-USDT