Funding you earn now, next payment 08:00 UTC−0.0224%/8h= −24.5% APRnext payment −$1.12 per $10,000 · paid last 24h −0.115%
Price spread now: KuCoin against MEXC−0.164%7-day average −0.105% · you buy dearer than you sell
Net, funding: paid 7d − costs−$327as in the Funding arb table
Net, price: spread back to 7d avg − costs−$312as in the Price arb table
costs, in and out, $10k−$3063.056% of the position
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 7 days+0.173%+$17 · spread now −0.164%, 7d avg −0.105%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and KuCoin is 0.059% cheaper against MEXC than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.105%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC LIGHT_USDT | 0.1830 | 0.0324 | pay 0.0162% / 4h | 23m 13s | $1.6M | $330K | 50x |
| Short | KuCoin LIGHTUSDTM | 0.1827 | 0.0100 | get 0.0050% / 4h | 23m 13s | $2.0M | $2.5M | 10x |
MEXC LIGHT_USDT
KuCoin LIGHTUSDTMFunding 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
- −$47.04
- Price spread: −0.164% → −0.105%
- −$5.89
- Slippage, 4 orders
- −$293.65
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$358.57
- Costs to cover
- 3.056%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; KuCoin: live order book, 3 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, 3 min ago | 2.73 bp | 29.8 bp −$30 | 151.8 bp −$1,518 | 286.6 bp −$28.7K | 545.0 bp −$272.5K |
| Sell KuCoin live order book, 3 min ago | 5.74 bp | 186.0 bp −$186 | doesn't fit | doesn't fit | doesn't fit |
LIGHT on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX LIGHT-USDT-SWAP | +0.0100% | 4h | 0.1830 | 0.000% | $903K | $1.4M | 10x | as long as short |
| Gate LIGHT_USDT | +0.0100% | 8h | 0.1828 | −0.109% | $2.3M | $587K | 10x | as long as short |
| KuCoin LIGHTUSDTMshort | +0.0100% | 4h | 0.1827 | −0.164% | $2.0M | $2.5M | 10x | |
| SunX LIGHT-USDT | +0.0100% | 4h | 0.1827 | −0.164% | $1K | $1.5M | 20x | as long as short |
| Aster LIGHTUSDT | +0.0151% | 4h | 0.1828 | −0.086% | $22K | $6K | 5x | as long as short |
| Binance LIGHTUSDT | +0.0316% | 4h | 0.1831 | +0.029% | $4.2M | $3.2M | 10x | as long as short |
| BloFin LIGHT-USDT | +0.0320% | 4h | 0.1831 | +0.055% | $244K | $15K | 10x | as long as short |
| MEXC LIGHT_USDTlong | +0.0324% | 4h | 0.1830 | long leg | $1.6M | $330K | 50x | |
| Bybit LIGHTUSDT | +0.0706% | 4h | 0.1829 | −0.066% | $2.2M | $653K | 13x | as long as short |
OKX LIGHT-USDT-SWAP
Gate LIGHT_USDT
SunX LIGHT-USDT
Aster LIGHTUSDT
Binance LIGHTUSDT
BloFin LIGHT-USDT
Bybit LIGHTUSDT