Funding you earn now, next payment 04:00 UTC+0.0596%/8h= +65.3% APRnext payment +$2.98 per $10,000 · paid last 24h +0.259%
Price spread now: KuCoin against MEXC+0.037%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs+$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1151.149% of the position
Funding, last 7 days+1.686%+$169 on $10k
+Price spread, last 4 days (all we have)+0.583%+$58 · spread now +0.037%, 7d avg +0.068%
=Funding pays, the price is against you. KuCoin is 0.031% cheaper against MEXC than usual: you would sell low and buy high (spread +0.037% now, against its 7-day average of +0.068%). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$18 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC LONGXIA_USDT | 0.2389 | 0.0100 | pay 0.0050% / 4h | 3h 37m | $1.9M | $1.4M | 50x |
| Short | KuCoin LONGXIAUSDTM | 0.2390 | 0.0696 | get 0.0348% / 4h | 3h 37m | $39.2M | $4.0M | 10x |
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
- $125.16
- Price spread: +0.037% → +0.068%
- −$3.11
- Slippage, 4 orders
- −$98.93
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $7.12
- Costs to cover
- 1.149%
- Break-even
- 6.6 days
Slippage from MEXC: live order book, 4 min ago; KuCoin: 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 MEXC live order book, 4 min ago | 1.04 bp | 21.8 bp −$22 | 57.0 bp −$570 | 250.7 bp −$25.1K | 628.9 bp −$314.4K |
| Sell KuCoin live order book, 2 min ago | 3.28 bp | 33.3 bp −$33 | 249.8 bp −$2,498 | doesn't fit | doesn't fit |
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 | 0.2391 | +0.059% | — | $2.2M | — | as long as short |
| Bybit LONGXIAUSDT | +0.0100% | 4h | 0.2392 | +0.121% | $743K | $7.3M | 10x | as long as short |
| MEXC LONGXIA_USDTlong | +0.0100% | 4h | 0.2389 | long leg | $1.9M | $1.4M | 50x | |
| KuCoin LONGXIAUSDTMshort | +0.0696% | 4h | 0.2390 | +0.037% | $39.2M | $4.0M | 10x |
MEXC LONGXIA_USDT
KuCoin LONGXIAUSDTM
BingX LONGXIA-USDT
Bybit LONGXIAUSDT