Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%
Price spread now: MEXC against KuCoin+0.065%7-day average −0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,033as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,002as in the Price arb table
costs, in and out, $10k−$1,01510.147% of the position
Funding, last 7 days−0.185%−$18 on $10k
+Price spread, last 4 days (all we have)−0.042%−$4 · spread now +0.065%, 7d avg −0.059%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.124% dearer against KuCoin than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.059%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin KSMUSDTM | 4.6360 | 0.0100 | pay 0.0100% / 8h | 4h 17m | $517K | $38K | 30x |
| Short | MEXC KSM_USDT | 4.6390 | 0.0100 | get 0.0100% / 8h | 4h 17m | $749K | $243K | 20x |
KuCoin KSMUSDTM
MEXC KSM_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
- $0
- Price spread: +0.065% → −0.059%
- $12.39
- Slippage, 4 orders
- −$998.67
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$1,002.29
- Costs to cover
- 10.147%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 65 min ago; MEXC: live order book, 32 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, 65 min ago | 21.57 bp | 418.9 bp −$419 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 32 min ago | 2.17 bp | 12.4 bp −$12 | 71.7 bp −$717 | 491.0 bp −$49.1K | doesn't fit |
KSM 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_KSMUSD | −0.0288% | 1h | 4.6439 | +0.170% | $37K | $1K | 20x | as long as short |
| Variational Omni KSM | −0.0258% | 8h | 4.6326 | −0.072% | $457K | $38K | — | as long as short |
| OKX KSM-USDT-SWAP | −0.0174% | 4h | 4.6350 | −0.022% | $755K | $650K | 20x | as long as short |
| BloFin KSM-USDT | +0.0098% | 8h | 4.6380 | +0.043% | $112K | $18K | 50x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6390 | +0.065% | $2.0M | $2.8M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6330 | −0.065% | $2.2M | $675K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6420 | +0.129% | $86K | $40K | 33x | as long as short |
| MEXC KSM_USDTshort | +0.0100% | 8h | 4.6390 | +0.065% | $749K | $243K | 20x | |
| KuCoin KSMUSDTMlong | +0.0100% | 8h | 4.6360 | long leg | $517K | $38K | 30x | |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6390 | +0.065% | $487K | $218K | 50x | as long as short |
Kraken Futures PF_KSMUSD
Variational Omni KSM
OKX KSM-USDT-SWAP
BloFin KSM-USDT
Binance KSMUSDT
Bybit KSMUSDT
Gate KSM_USDT
Bitget KSMUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KSM-USDT | +0.0100% | 8h | 4.6330 | −0.065% | — | $2.4M | — | as long as short |
| Extended KSM-USD | +0.0104% | 1h | 4.6377 | +0.037% | $78K | $319K | 5x | as long as short |
BingX KSM-USDT
Extended KSM-USD