Funding you earn now, next payment 04:00 UTC−0.0392%/8h= −42.9% APRnext payment −$1.96 per $10,000 · paid last 24h −0.148%
Price spread now: MEXC against KuCoin−0.298%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1261.261% of the position
Funding, last 7 days−0.142%−$14 on $10k
+Price spread, last 7 days+0.264%+$26 · spread now −0.298%, 7d avg −0.035%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and MEXC is 0.263% cheaper against KuCoin than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of −0.035%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.142% in total (about -7.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.96 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MARSCOINUSDTM | 0.1039 | 0.0492 | pay 0.0246% / 4h | 1h 29m | $1.3M | $2.5M | 20x |
| Short | MEXC MARSCOIN_USDT | 0.1036 | 0.0100 | get 0.0050% / 4h | 1h 29m | $3.2M | $1.1M | 20x |
Funding 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
- −$82.32
- Price spread: −0.298% → −0.035%
- −$26.3
- Slippage, 4 orders
- −$110.14
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$234.76
- Costs to cover
- 1.261%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 8 min ago; MEXC: 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 KuCoin live order book, 8 min ago | 4.31 bp | 70.8 bp −$71 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 2.88 bp | 5.1 bp −$5 | 65.6 bp −$656 | 425.6 bp −$42.6K | doesn't fit |
MARSCOIN 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance MARSCOINUSDT | +0.0100% | 4h | 0.1035 | −0.384% | $23.0M | $59.4M | 20x | as long as short |
| Gate MARSCOIN_USDT | +0.0100% | 4h | 0.1037 | −0.173% | $1.7M | $2.3M | 20x | as long as short |
| MEXC MARSCOIN_USDTshort | +0.0100% | 4h | 0.1036 | −0.298% | $3.2M | $1.1M | 20x | |
| SunX MARSCOIN-USDT | +0.0100% | 4h | 0.1038 | −0.087% | — | $768K | 10x | as long as short |
| HTX MARSCOIN-USDT | +0.0100% | 4h | 0.1045 | +0.520% | $102K | $701K | 20x | as long as short |
| Phemex MARSCOINUSDT | +0.0100% | 4h | 0.1035 | −0.375% | $1.5M | $2.6M | 20x | as long as short |
| Bitget MARSCOINUSDT | +0.0198% | 4h | 0.1038 | −0.115% | $2.3M | $6.9M | 20x | as long as short |
| Aster MARSCOINUSDT | +0.0298% | 4h | 0.1037 | −0.190% | $613K | $944K | 10x | as long as short |
| BloFin MARSCOIN-USDT | +0.0340% | 4h | 0.1038 | −0.087% | $1.1M | $389K | 20x | as long as short |
| BingX MARSCOIN-USDT | +0.0428% | 4h | 0.1038 | −0.115% | — | $1.2M | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit MARSCOINUSDT | +0.0436% | 4h | 0.1035 | −0.375% | $7.2M | $14.3M | 20x | as long as short |
| KuCoin MARSCOINUSDTMlong | +0.0492% | 4h | 0.1039 | long leg | $1.3M | $2.5M | 20x |
KuCoin MARSCOINUSDTM
MEXC MARSCOIN_USDT
Binance MARSCOINUSDT
Gate MARSCOIN_USDT
SunX MARSCOIN-USDT
HTX MARSCOIN-USDT
Phemex MARSCOINUSDT
Bitget MARSCOINUSDT
Aster MARSCOINUSDT
BloFin MARSCOIN-USDT
BingX MARSCOIN-USDT
Bybit MARSCOINUSDT