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: KuCoin against MEXC−0.086%7-day average +0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$817as in the Funding arb table
Net, price: spread back to 7d avg − costs−$850as in the Price arb table
costs, in and out, $10k−$8368.358% of the position
Funding, last 7 days+0.185%+$19 on $10k
+Price spread, last 4 days (all we have)+0.079%+$8 · spread now −0.086%, 7d avg +0.059%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.145% cheaper against MEXC than usual: you would sell low and buy high, −$14 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 | MEXC KSM_USDT | 4.6320 | 0.0100 | pay 0.0100% / 8h | 5h 55m | $754K | $246K | 20x |
| Short | KuCoin KSMUSDTM | 4.6280 | 0.0100 | get 0.0100% / 8h | 5h 55m | $517K | $49K | 30x |
MEXC KSM_USDT
KuCoin KSMUSDTMFunding 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
- $0
- Price spread: −0.086% → +0.059%
- −$14.49
- Slippage, 4 orders
- −$819.83
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$850.31
- Costs to cover
- 8.358%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 64 min ago; KuCoin: live order book, 42 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, 64 min ago | 4.33 bp | 12.7 bp −$13 | 52.1 bp −$521 | 437.7 bp −$43.8K | doesn't fit |
| Sell KuCoin live order book, 42 min ago | 22.69 bp | 275.0 bp −$275 | doesn't fit | doesn't fit | doesn't fit |
KSM on 11 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 | −0.0686% | 1h | 4.6390 | +0.150% | $37K | $1K | 20x | as long as short |
| Variational Omni KSM | −0.0348% | 8h | 4.6317 | −0.006% | $455K | $38K | — | as long as short |
| OKX KSM-USDT-SWAP | +0.0066% | 4h | 4.6280 | −0.086% | $756K | $659K | 20x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6323 | +0.007% | $2.0M | $2.8M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6240 | −0.173% | $2.2M | $670K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6300 | −0.043% | $88K | $38K | 33x | as long as short |
| MEXC KSM_USDTlong | +0.0100% | 8h | 4.6320 | long leg | $754K | $246K | 20x | |
| KuCoin KSMUSDTMshort | +0.0100% | 8h | 4.6280 | −0.086% | $517K | $49K | 30x | |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6320 | 0.000% | $494K | $226K | 50x | as long as short |
| BingX KSM-USDT | +0.0100% | 8h | 4.6250 | −0.151% | — | $2.4M | — | as long as short |
Kraken Futures PF_KSMUSD
Variational Omni KSM
OKX KSM-USDT-SWAP
Binance KSMUSDT
Bybit KSMUSDT
Gate KSM_USDT
Bitget KSMUSDT
BingX KSM-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended KSM-USD | +0.0104% | 1h | 4.6328 | +0.018% | $77K | $320K | 5x | as long as short |
Extended KSM-USD