Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against BingX−0.083%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$930as in the Funding arb table
Net, price: spread back to 7d avg − costs−$932as in the Price arb table
costs, in and out, $10k−$9259.249% of the position
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 4 days (all we have)+0.091%+$9 · spread now −0.083%, 7d avg −0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.074% cheaper against BingX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MEW-USDT | 0.0004836 | 0.0100 | pay 0.0050% / 4h | 3h 30m | — | $6.7M | — |
| Short | KuCoin MEWUSDTM | 0.0004832 | 0.0100 | get 0.0050% / 4h | 3h 30m | $341K | $125K | 30x |
BingX MEW-USDT
KuCoin MEWUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BingX. 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
- $0
- Price spread: −0.083% → −0.009%
- −$7.36
- Slippage, 4 orders
- −$902.86
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$932.22
- Costs to cover
- 9.249%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; KuCoin: live order book, 42 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 BingX live order book, 7 min ago | 6.18 bp | 21.0 bp −$21 | 61.0 bp −$610 | 651.6 bp −$65.2K | 953.4 bp −$476.7K |
| Sell KuCoin live order book, 42 min ago | 3.19 bp | 128.1 bp −$128 | doesn't fit | doesn't fit | doesn't fit |
MEW 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX MEW/USD [WBTC.b-USDC] | L 0.0000% / S 0.0000% | 1h | 0.0004830 | −0.124% | — | — | 100x | as long as short |
| Injective MEW/USDC PERP | +0.0033% | 1h | 0.0004219 | −12.758% | $46 | $14K | 5.5x | as long as short |
| Binance MEWUSDT | +0.0100% | 4h | 0.0004840 | +0.077% | $1.3M | $3.3M | 50x | as long as short |
| Bybit MEWUSDT | +0.0100% | 4h | 0.0004839 | +0.062% | $1.5M | $1.4M | 25x | as long as short |
| OKX MEW-USDT-SWAP | +0.0100% | 4h | 0.0004833 | −0.062% | $554K | $875K | 20x | as long as short |
| Gate MEW_USDT | +0.0100% | 4h | 0.0004832 | −0.083% | $144K | $134K | 50x | as long as short |
| MEXC MEW_USDT | +0.0100% | 4h | 0.0004841 | +0.103% | $396K | $178K | 125x | as long as short |
| KuCoin MEWUSDTMshort | +0.0100% | 4h | 0.0004832 | −0.083% | $341K | $125K | 30x | |
| Bitget MEWUSDT | +0.0100% | 4h | 0.0004838 | +0.041% | $536K | $461K | 50x | as long as short |
| BingX MEW-USDTlong | +0.0100% | 4h | 0.0004836 | long leg | — | $6.7M | — |
GMX MEW/USD [WBTC.b-USDC]
Injective MEW/USDC PERP
Binance MEWUSDT
Bybit MEWUSDT
OKX MEW-USDT-SWAP
Gate MEW_USDT
MEXC MEW_USDT
Bitget MEWUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MEW | +0.0100% | 4h | 0.0004843 | +0.148% | $87K | $34K | — | as long as short |
| Kraken Futures PF_MEWUSD | +0.0875% | 1h | 0.0004845 | +0.178% | $91K | $119K | 10x | as long as short |
Variational Omni MEW
Kraken Futures PF_MEWUSD