Funding you earn now, next payment 00:00 UTC+0.0590%/8h= +64.6% APRnext payment +$2.95 per $10,000 · paid last 24h +0.186%
Price spread now: MEXC against KuCoin+0.069%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$381as in the Funding arb table
Net, price: spread back to 7d avg − costs−$395as in the Price arb table
costs, in and out, $10k−$4054.053% of the position
Funding, last 7 days+0.240%+$24 on $10k
+Price spread, last 4 days (all we have)−0.075%−$8 · spread now +0.069%, 7d avg −0.031%
=Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and MEXC is 0.099% dearer against KuCoin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.031%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.240% in total (about 12.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.95 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 KGENUSDTM | 0.1598 | 0.0100 | pay 0.0050% / 4h | 1h 15m | $726K | $1.5M | 50x |
| Short | MEXC KGEN_USDT | 0.1599 | 0.0690 | get 0.0345% / 4h | 1h 15m | $436K | $97K | 50x |
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
- $123.9
- Price spread: +0.069% → −0.031%
- $9.95
- Slippage, 4 orders
- −$385.27
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$271.43
- Costs to cover
- 4.053%
- Break-even
- 22.3 days
Slippage from KuCoin: live order book, 5 min ago; MEXC: live order book, 58 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, 5 min ago | 7.81 bp | 147.2 bp −$147 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 58 min ago | 6.24 bp | 21.5 bp −$22 | 141.8 bp −$1,418 | 528.6 bp −$52.9K | doesn't fit |
KGEN on 12 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 KGENUSDT | +0.0100% | 4h | 0.1598 | −0.019% | $740K | $330K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1602 | +0.257% | $193K | $129K | 10x | as long as short |
| KuCoin KGENUSDTMlong | +0.0100% | 4h | 0.1598 | long leg | $726K | $1.5M | 50x | |
| Variational Omni KGEN | +0.0100% | 4h | 0.1599 | +0.056% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1594 | −0.244% | $2K | $858K | 20x | as long as short |
| Bitget KGENUSDT | +0.0258% | 4h | 0.1600 | +0.131% | $1.7M | $175K | 50x | as long as short |
| Binance KGENUSDT | +0.0681% | 4h | 0.1598 | +0.006% | $4.9M | $905K | 50x | as long as short |
| BingX KGEN-USDT | +0.0684% | 4h | 0.1599 | +0.069% | — | $6.5M | — | as long as short |
| MEXC KGEN_USDTshort | +0.0690% | 4h | 0.1599 | +0.069% | $436K | $97K | 50x | |
| BloFin KGEN-USDT | +0.0696% | 4h | 0.1600 | +0.131% | $223K | $18K | 50x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KGENUSDT | +0.1157% | 4h | 0.1599 | +0.040% | $19K | $5K | 5x | as long as short |
| Gate KGEN_USDT | +0.1424% | 4h | 0.1596 | −0.119% | $1.5M | $95K | 50x | as long as short |
KuCoin KGENUSDTM
MEXC KGEN_USDT
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
Variational Omni KGEN
SunX KGEN-USDT
Bitget KGENUSDT
Binance KGENUSDT
BingX KGEN-USDT
BloFin KGEN-USDT
Aster KGENUSDT
Gate KGEN_USDT