Funding you earn now, next payment 04:00 UTC−0.0370%/8h= −40.5% APRnext payment −$1.85 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against MEXC−0.195%7-day average +0.117% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,232as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,260as in the Price arb table
costs, in and out, $10k−$1,22912.292% of the position
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 4 days (all we have)+0.299%+$30 · spread now −0.195%, 7d avg +0.117%
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and KuCoin is 0.312% cheaper against MEXC than usual: you would sell low and buy high (−$31 if the spread goes back to its 7-day average of +0.117%). Swap the legs.
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 −$1.85 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 IN_USDT | 0.03583 | 0.0470 | pay 0.0235% / 4h | 2h 00m | $276K | $94K | 20x |
| Short | KuCoin INUSDTM | 0.03576 | 0.0100 | get 0.0050% / 4h | 2h 00m | $301K | $68K | 30x |
MEXC IN_USDT
KuCoin INUSDTMFunding 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
- −$77.7
- Price spread: −0.195% → +0.117%
- −$31.19
- Slippage, 4 orders
- −$1,209.24
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,338.13
- Costs to cover
- 12.292%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 50 min ago; KuCoin: live order book, 36 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, 50 min ago | 4.31 bp | 15.1 bp −$15 | 76.7 bp −$767 | 139.8 bp −$14.0K | doesn't fit |
| Sell KuCoin live order book, 36 min ago | 16.92 bp | 691.0 bp −$691 | doesn't fit | doesn't fit | 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 | 0.03576 | −0.195% | $761K | $167K | 20x | as long as short |
| KuCoin INUSDTMshort | +0.0100% | 4h | 0.03576 | −0.195% | $301K | $68K | 30x | |
| Bitget INUSDT | +0.0100% | 4h | 0.03585 | +0.056% | $845K | $172K | 25x | as long as short |
| Variational Omni IN | +0.0100% | 4h | 0.03561 | −0.617% | $1K | $6 | — | as long as short |
| Aster INUSDT | +0.0341% | 4h | 0.03565 | −0.497% | $128K | $21K | 5x | as long as short |
| BingX IN-USDT | +0.0438% | 4h | 0.03578 | −0.140% | — | $2.3M | — | as long as short |
| Binance INUSDT | +0.0468% | 4h | 0.03583 | −0.004% | $2.0M | $1.3M | 25x | as long as short |
| MEXC IN_USDTlong | +0.0470% | 4h | 0.03583 | long leg | $276K | $94K | 20x | |
| Gate IN_USDT | +0.0730% | 4h | 0.03572 | −0.307% | $235K | $139K | 50x | as long as short |
Bybit INUSDT
Bitget INUSDT
Variational Omni IN
Aster INUSDT
BingX IN-USDT
Binance INUSDT
Gate IN_USDT