Funding you earn now, next payment 08:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.07 per $10,000 · paid last 24h +0.061%
Price spread now: KuCoin against MEXC−0.067%7-day average +0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$584as in the Funding arb table
Net, price: spread back to 7d avg − costs−$616as in the Price arb table
costs, in and out, $10k−$6046.042% of the position
Funding, last 7 days+0.200%+$20 on $10k
+Price spread, last 4 days (all we have)+0.067%+$7 · spread now −0.067%, 7d avg +0.050%
=Funding pays, the price is against you. KuCoin is 0.117% cheaper against MEXC than usual: you would sell low and buy high (spread −0.067% now, against its 7-day average of +0.050%). If the spread goes back, that is −$12 on $10k: about 28 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.200% in total) that is about 4.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC LA_USDT | 0.07411 | −0.0188 | get 0.0094% / 4h | 3h 29m | $375K | $133K | 50x |
| Short | KuCoin LAUSDTM | 0.07406 | −0.0174 | pay 0.0087% / 4h | 3h 29m | $1.0M | $83K | 30x |
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
- $2.94
- Price spread: −0.067% → +0.050%
- −$11.74
- Slippage, 4 orders
- −$588.21
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$613.01
- Costs to cover
- 6.042%
- Break-even
- 1466.5 days
Slippage from MEXC: live order book, 5 min ago; KuCoin: live order book, 5 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, 5 min ago | 2.03 bp | 8.5 bp −$9 | 44.1 bp −$441 | 402.5 bp −$40.3K | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 8.11 bp | 454.5 bp −$454 | doesn't fit | doesn't fit | doesn't fit |
LA 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LAUSDT | −0.0572% | 4h | 0.07401 | −0.135% | $2.0M | $481K | 25x | as long as short |
| BingX LA-USDT | −0.0540% | 4h | 0.07411 | 0.000% | — | $6.6M | — | as long as short |
| Aster LAUSDT | −0.0329% | 4h | 0.07408 | −0.042% | $51K | $25K | 5x | as long as short |
| BloFin LA-USDT | −0.0244% | 4h | 0.07397 | −0.189% | $245K | $20K | 25x | as long as short |
| MEXC LA_USDTlong | −0.0188% | 4h | 0.07411 | long leg | $375K | $133K | 50x | |
| Binance LAUSDT | −0.0187% | 4h | 0.07410 | −0.015% | $4.7M | $9.8M | 25x | as long as short |
| KuCoin LAUSDTMshort | −0.0174% | 4h | 0.07406 | −0.067% | $1.0M | $83K | 30x | |
| Bybit LAUSDT | +0.0047% | 4h | 0.07418 | +0.094% | $2.4M | $2.6M | 25x | as long as short |
| OKX LA-USDT-SWAP | +0.0057% | 4h | 0.07411 | 0.000% | $1.3M | $3.0M | 20x | as long as short |
| Gate LA_USDT | +0.0100% | 4h | 0.07403 | −0.108% | $238K | $824K | 50x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07400 | −0.147% | $146K | $467K | 10x | as long as short |
MEXC LA_USDT
KuCoin LAUSDTM
Bitget LAUSDT
BingX LA-USDT
Aster LAUSDT
BloFin LA-USDT
Binance LAUSDT
Bybit LAUSDT
OKX LA-USDT-SWAP
Gate LA_USDT
GRVT LA_USDT_Perp