Funding you earn now, next payment 04:00 UTC+0.1216%/8h= +133.2% APRnext payment +$6.08 per $10,000 · paid last 24h +0.373%
Price spread now: KuCoin against MEXC−0.775%7-day average −0.809% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$296as in the Price arb table
costs, in and out, $10k−$3002.998% of the position
Funding, last 7 days+2.142%+$214 on $10k
+Price spread, last 4 days (all we have)+0.188%+$19 · spread now −0.775%, 7d avg −0.809%
=Both sides work for this trade now. Funding pays +$36 a day on $10k at the current rate, and KuCoin is 0.033% dearer against MEXC than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.809%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC M_USDT | 1.4559 | 0.1668 | pay 0.0834% / 4h | 3h 37m | $244K | $111K | 50x |
| Short | KuCoin MUSDTM | 1.4446 | 0.2884 | get 0.1442% / 4h | 3h 37m | $1.4M | $4.2M | 10x |
MEXC M_USDT
KuCoin MUSDTMFunding 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
- $255.36
- Price spread: −0.775% → −0.809%
- $3.31
- Slippage, 4 orders
- −$283.79
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$41.11
- Costs to cover
- 2.998%
- Break-even
- 8.1 days
Slippage from MEXC: live order book, 17 min ago; KuCoin: live order book, just now.
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, 17 min ago | 1.03 bp | 34.9 bp −$35 | 47.4 bp −$474 | 102.9 bp −$10.3K | 508.5 bp −$254.2K |
| Sell KuCoin live order book, just now | 5.74 bp | 135.3 bp −$135 | doesn't fit | doesn't fit | 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 | 1.4543 | −0.110% | $4.6M | $2.4M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.4523 | −0.247% | $2.0M | $869K | 10x | as long as short |
| Variational Omni M | +0.0100% | 4h | 1.4555 | −0.026% | $90K | $43K | — | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4565 | +0.041% | $2K | $596 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.4577 | +0.124% | $2K | $654K | 20x | as long as short |
| Bitget MUSDT | +0.0412% | 4h | 1.4563 | +0.027% | $1.9M | $350K | 10x | as long as short |
| Aster MUSDT | +0.1259% | 4h | 1.4516 | −0.298% | $15K | $116K | 5x | as long as short |
| BingX M-USDT | +0.1582% | 4h | 1.4545 | −0.096% | — | $2.4M | — | as long as short |
| MEXC M_USDTlong | +0.1668% | 4h | 1.4559 | long leg | $244K | $111K | 50x | |
| Binance MUSDT | +0.1681% | 4h | 1.4558 | −0.007% | $5.6M | $4.8M | 10x | as long as short |
Bybit MUSDT
Gate M_USDT
Variational Omni M
Orderly PERP_M_USDC
SunX M-USDT
Bitget MUSDT
Aster MUSDT
BingX M-USDT
Binance MUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin M-USDT | +0.1695% | 4h | 1.4561 | +0.014% | $356K | $438K | 10x | as long as short |
| KuCoin MUSDTMshort | +0.2884% | 4h | 1.4446 | −0.775% | $1.4M | $4.2M | 10x |
BloFin M-USDT