Funding you earn now, next payment 04:00 UTC+0.0810%/8h= +88.7% APRnext payment +$4.05 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against KuCoin−0.051%7-day average −0.112% · you buy dearer than you sell
Net, funding: paid 7d − costs−$974as in the Funding arb table
Net, price: spread back to 7d avg − costs−$971as in the Price arb table
costs, in and out, $10k−$9779.767% of the position
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 4 days (all we have)−0.012%−$1 · spread now −0.051%, 7d avg −0.112%
=Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and MEXC is 0.061% dearer against KuCoin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.112%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.024% in total (about 1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.05 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 INUSDTM | 0.03906 | 0.0100 | pay 0.0050% / 4h | 23m 33s | $332K | $113K | 30x |
| Short | MEXC IN_USDT | 0.03904 | 0.0910 | get 0.0455% / 4h | 23m 33s | $308K | $107K | 20x |
KuCoin INUSDTM
MEXC IN_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
- $170.1
- Price spread: −0.051% → −0.112%
- $6.13
- Slippage, 4 orders
- −$956.7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$800.48
- Costs to cover
- 9.767%
- Break-even
- 39.9 days
Slippage from KuCoin: live order book, 58 min ago; MEXC: live order book, 16 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, 58 min ago | 17.82 bp | 440.4 bp −$440 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 16 min ago | 6.53 bp | 23.9 bp −$24 | 95.8 bp −$958 | 154.6 bp −$15.5K | doesn't fit |
IN on 9 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 INUSDT | +0.0100% | 4h | 0.03913 | +0.179% | $997K | $635K | 20x | as long as short |
| KuCoin INUSDTMlong | +0.0100% | 4h | 0.03906 | long leg | $332K | $113K | 30x | |
| Bitget INUSDT | +0.0100% | 4h | 0.03939 | +0.845% | $997K | $591K | 25x | as long as short |
| Variational Omni IN | +0.0100% | 4h | 0.03825 | −2.079% | $2K | $313 | — | as long as short |
| Gate IN_USDT | +0.0582% | 4h | 0.03906 | 0.000% | $269K | $262K | 50x | as long as short |
| Aster INUSDT | +0.0846% | 4h | 0.03904 | −0.059% | $144K | $13K | 5x | as long as short |
| BingX IN-USDT | +0.0846% | 4h | 0.03905 | −0.026% | — | $2.3M | — | as long as short |
| MEXC IN_USDTshort | +0.0910% | 4h | 0.03904 | −0.051% | $308K | $107K | 20x | |
| Binance INUSDT | +0.0911% | 4h | 0.03908 | +0.047% | $2.3M | $3.5M | 25x | as long as short |
Bybit INUSDT
Bitget INUSDT
Variational Omni IN
Gate IN_USDT
Aster INUSDT
BingX IN-USDT
Binance INUSDT