Funding you earn now, next payment 08:00 UTC−0.0844%/8h= −92.4% APRnext payment −$4.22 per $10,000 · paid last 24h −0.271%
Price spread now: MEXC against KuCoin+1.065%7-day average +0.811% · you sell dearer than you buy
Net, funding: paid 7d − costs−$496as in the Funding arb table
Net, price: spread back to 7d avg − costs−$249as in the Price arb table
costs, in and out, $10k−$2742.744% of the position
Funding, last 7 days−2.219%−$222 on $10k
+Price spread, last 4 days (all we have)−0.368%−$37 · spread now +1.065%, 7d avg +0.811%
=The price spread pays, funding is against you. MEXC is 0.254% dearer against KuCoin than usual: you sell high and buy low (spread +1.065% now, against its 7-day average of +0.811%): +$25 on $10k if it goes back. Holding the pair costs −$25 a day in funding at the current rate, which eats that in about 24 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MUSDTM | 1.4158 | 0.1366 | pay 0.0683% / 4h | 3h 52m | $1.4M | $3.9M | 10x |
| Short | MEXC M_USDT | 1.4309 | 0.0522 | get 0.0261% / 4h | 3h 52m | $237K | $105K | 50x |
KuCoin MUSDTM
MEXC M_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
- −$177.24
- Price spread: +1.065% → +0.811%
- $25.41
- Slippage, 4 orders
- −$258.35
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$426.18
- Costs to cover
- 2.744%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, just now; MEXC: live order book, 47 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, just now | 6.11 bp | 143.5 bp −$143 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 47 min ago | 1.40 bp | 23.5 bp −$23 | 45.6 bp −$456 | 104.6 bp −$10.5K | doesn't fit |
M on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MUSDT | +0.0100% | 4h | 1.4305 | +1.037% | $4.4M | $1.8M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.4299 | +0.994% | $1.9M | $864K | 10x | as long as short |
| Bitget MUSDT | +0.0100% | 4h | 1.4305 | +1.037% | $1.8M | $252K | 10x | as long as short |
| Variational Omni M | +0.0100% | 4h | 1.4272 | +0.800% | $89K | $43K | — | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4306 | +1.044% | $2K | $510 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.4314 | +1.100% | $1K | $771K | 20x | as long as short |
| Aster MUSDT | +0.0358% | 4h | 1.4293 | +0.950% | $15K | $87K | 5x | as long as short |
| BloFin M-USDT | +0.0464% | 4h | 1.4294 | +0.959% | $357K | $449K | 10x | as long as short |
| BingX M-USDT | +0.0510% | 4h | 1.4311 | +1.079% | — | $2.4M | — | as long as short |
| MEXC M_USDTshort | +0.0522% | 4h | 1.4309 | +1.065% | $237K | $105K | 50x |
Bybit MUSDT
Gate M_USDT
Bitget MUSDT
Variational Omni M
Orderly PERP_M_USDC
SunX M-USDT
Aster MUSDT
BloFin M-USDT
BingX M-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance MUSDT | +0.0523% | 4h | 1.4315 | +1.108% | $5.6M | $3.8M | 10x | as long as short |
| KuCoin MUSDTMlong | +0.1366% | 4h | 1.4158 | long leg | $1.4M | $3.9M | 10x |
Binance MUSDT