Funding you earn now, next payment 04:00 UTC−0.0474%/8h= −51.9% APRnext payment −$2.37 per $10,000 · paid last 24h −0.197%
Price spread now: KuCoin against MEXC−0.037%7-day average +0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$785as in the Funding arb table
Net, price: spread back to 7d avg − costs−$765as in the Price arb table
costs, in and out, $10k−$7587.581% of the position
Funding, last 7 days−0.265%−$26 on $10k
+Price spread, last 4 days (all we have)+0.037%+$4 · spread now −0.037%, 7d avg +0.031%
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and KuCoin is 0.068% cheaper against MEXC than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.031%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.265% in total (about -13.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.37 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 KGEN_USDT | 0.1618 | 0.0574 | pay 0.0287% / 4h | 1h 10m | $449K | $102K | 50x |
| Short | KuCoin KGENUSDTM | 0.1617 | 0.0100 | get 0.0050% / 4h | 1h 10m | $738K | $1.7M | 50x |
Funding 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
- −$99.54
- Price spread: −0.037% → +0.031%
- −$6.8
- Slippage, 4 orders
- −$738.07
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$864.41
- Costs to cover
- 7.581%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 36 min ago; KuCoin: live order book, 6 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, 36 min ago | 6.22 bp | 21.5 bp −$22 | 149.4 bp −$1,494 | 544.6 bp −$54.5K | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 5.25 bp | 566.2 bp −$566 | 900.1 bp −$9,001 | doesn't fit | 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 | 0.1617 | −0.068% | $754K | $296K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1617 | −0.062% | $196K | $114K | 10x | as long as short |
| Gate KGEN_USDT | +0.0100% | 4h | 0.1612 | −0.346% | $1.5M | $86K | 50x | as long as short |
| KuCoin KGENUSDTMshort | +0.0100% | 4h | 0.1617 | −0.037% | $738K | $1.7M | 50x | |
| Variational Omni KGEN | +0.0100% | 4h | 0.1616 | −0.143% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1615 | −0.210% | $2K | $813K | 20x | as long as short |
| MEXC KGEN_USDTlong | +0.0574% | 4h | 0.1618 | long leg | $449K | $102K | 50x | |
| Binance KGENUSDT | +0.0575% | 4h | 0.1618 | 0.000% | $5.0M | $812K | 50x | as long as short |
| BingX KGEN-USDT | +0.0612% | 4h | 0.1618 | 0.000% | — | $6.5M | — | as long as short |
| BloFin KGEN-USDT | +0.0615% | 4h | 0.1619 | +0.062% | $224K | $18K | 50x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget KGENUSDT | +0.0668% | 4h | 0.1617 | −0.049% | $1.7M | $163K | 50x | as long as short |
| Aster KGENUSDT | +0.0986% | 4h | 0.1615 | −0.204% | $19K | $4K | 5x | as long as short |
MEXC KGEN_USDT
KuCoin KGENUSDTM
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
Gate KGEN_USDT
Variational Omni KGEN
SunX KGEN-USDT
Binance KGENUSDT
BingX KGEN-USDT
BloFin KGEN-USDT
Bitget KGENUSDT
Aster KGENUSDT