Funding you earn now, next payment 08:00 UTC−0.0562%/8h= −61.5% APRnext payment −$2.81 per $10,000 · paid last 24h −0.097%
Price spread now: MEXC against KuCoin+0.095%7-day average +0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,102as in the Price arb table
costs, in and out, $10k−$1,10211.018% of the position
Funding, last 7 days−0.122%−$12 on $10k
+Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.095%, 7d avg +0.093%
=The price spread sits at its 7-day average of +0.093%, so right now this pair is about funding alone: −$17 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 -0.122% in total (about -6.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.81 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 JELLYJELLYUSDTM | 0.05662 | 0.0710 | pay 0.0355% / 4h | 57m 41s | $8.2M | $1.3M | 20x |
| Short | MEXC JELLYJELLY_USDT | 0.05667 | 0.0148 | get 0.0074% / 4h | 57m 41s | $433K | $146K | 20x |
Funding 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
- −$118.02
- Price spread: +0.095% → +0.093%
- $0.2
- Slippage, 4 orders
- −$1,085.81
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$1,219.63
- Costs to cover
- 11.018%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 10 min ago; MEXC: live order book, 37 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, 10 min ago | 18.55 bp | 451.6 bp −$452 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 37 min ago | 2.65 bp | 39.4 bp −$39 | 62.8 bp −$628 | 118.3 bp −$11.8K | 378.1 bp −$189.1K |
JELLYJELLY 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin JELLYJELLY-USDT | +0.0096% | 4h | 0.05666 | +0.078% | $270K | $16K | 20x | as long as short |
| Bybit JELLYJELLYUSDT | +0.0100% | 4h | 0.05660 | −0.021% | $2.4M | $1.1M | 20x | as long as short |
| OKX JELLYJELLY-USDT-SWAP | +0.0100% | 4h | 0.05650 | −0.205% | $1.3M | $468K | 10x | as long as short |
| Gate JELLYJELLY_USDT | +0.0100% | 4h | 0.05657 | −0.081% | $2.4M | $137K | 20x | as long as short |
| Binance JELLYJELLYUSDT | +0.0141% | 4h | 0.05666 | +0.085% | $4.4M | $1.7M | 25x | as long as short |
| MEXC JELLYJELLY_USDTshort | +0.0148% | 4h | 0.05667 | +0.095% | $433K | $146K | 20x | |
| Aster JELLYJELLYUSDT | +0.0149% | 4h | 0.05663 | +0.021% | $36K | $12K | 5x | as long as short |
| Extended JELLYJELLY-USD | +0.0152% | 1h | 0.05662 | +0.015% | $2K | $193K | 5x | as long as short |
| KuCoin JELLYJELLYUSDTMlong | +0.0710% | 4h | 0.05662 | long leg | $8.2M | $1.3M | 20x |
KuCoin JELLYJELLYUSDTM
MEXC JELLYJELLY_USDT
BloFin JELLYJELLY-USDT
Bybit JELLYJELLYUSDT
OKX JELLYJELLY-USDT-SWAP
Gate JELLYJELLY_USDT
Binance JELLYJELLYUSDT
Aster JELLYJELLYUSDT
Extended JELLYJELLY-USD