Funding you earn now, next payment 08:00 UTC−0.0662%/8h= −72.5% APRnext payment −$3.31 per $10,000 · paid last 24h −0.306%
Price spread now: MEXC against KuCoin+0.091%7-day average −0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$433as in the Funding arb table
Net, price: spread back to 7d avg − costs−$243as in the Price arb table
costs, in and out, $10k−$2592.591% of the position
Funding, last 7 days−1.736%−$174 on $10k
+Price spread, last 4 days (all we have)−0.464%−$46 · spread now +0.091%, 7d avg −0.071%
=The price spread pays, funding is against you. MEXC is 0.162% dearer against KuCoin than usual: you sell high and buy low (spread +0.091% now, against its 7-day average of −0.071%): +$16 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 20 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LONGXIAUSDTM | 0.1816 | 0.0880 | pay 0.0440% / 4h | 39m 41s | $29.6M | $4.8M | 10x |
| Short | MEXC LONGXIA_USDT | 0.1818 | 0.0218 | get 0.0109% / 4h | 39m 41s | $1.2M | $1.4M | 50x |
KuCoin LONGXIAUSDTM
MEXC LONGXIA_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
- −$139.02
- Price spread: +0.091% → −0.071%
- $16.2
- Slippage, 4 orders
- −$243.09
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$381.91
- Costs to cover
- 2.591%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 9 min ago; MEXC: live order book, 2 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, 9 min ago | 7.49 bp | 96.0 bp −$96 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 3.86 bp | 23.9 bp −$24 | 57.7 bp −$577 | 254.5 bp −$25.4K | 581.2 bp −$290.6K |
LONGXIA on 4 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX LONGXIA-USDT | +0.0070% | 4h | 0.1821 | +0.301% | — | $2.3M | — | as long as short |
| Bybit LONGXIAUSDT | +0.0100% | 4h | 0.1820 | +0.224% | $707K | $9.0M | 10x | as long as short |
| MEXC LONGXIA_USDTshort | +0.0218% | 4h | 0.1818 | +0.091% | $1.2M | $1.4M | 50x | |
| KuCoin LONGXIAUSDTMlong | +0.0880% | 4h | 0.1816 | long leg | $29.6M | $4.8M | 10x |
BingX LONGXIA-USDT
Bybit LONGXIAUSDT