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 Bybit+0.084%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$559as in the Funding arb table
Net, price: spread back to 7d avg − costs−$548as in the Price arb table
costs, in and out, $10k−$5545.539% of the position
Funding, last 7 days−0.050%−$5 on $10k
+Price spread, last 4 days (all we have)+0.024%+$2 · spread now +0.084%, 7d avg +0.029%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.055% dearer against Bybit than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MEWUSDT | 0.0004743 | 0.0100 | pay 0.0050% / 4h | 20m 29s | $1.5M | $1.6M | 25x |
| Short | KuCoin MEWUSDTM | 0.0004747 | 0.0100 | get 0.0050% / 4h | 20m 29s | $335K | $118K | 30x |
Bybit MEWUSDT
KuCoin MEWUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bybit. 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: +0.084% → +0.029%
- $5.55
- Slippage, 4 orders
- −$530.86
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$548.31
- Costs to cover
- 5.539%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; KuCoin: live order book, 12 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 Bybit live order book, 1 min ago | 5.28 bp | 29.4 bp −$29 | 72.8 bp −$728 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 12 min ago | 23.08 bp | 215.7 bp −$216 | 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 | 0.0004740 | −0.063% | — | — | 100x | as long as short |
| Injective MEW/USDC PERP | +0.0033% | 1h | 0.0004219 | −11.048% | $46 | $14K | 5.5x | as long as short |
| Binance MEWUSDT | +0.0100% | 4h | 0.0004744 | +0.013% | $1.3M | $3.7M | 50x | as long as short |
| Bybit MEWUSDTlong | +0.0100% | 4h | 0.0004743 | long leg | $1.5M | $1.6M | 25x | |
| OKX MEW-USDT-SWAP | +0.0100% | 4h | 0.0004743 | 0.000% | $550K | $940K | 20x | as long as short |
| Gate MEW_USDT | +0.0100% | 4h | 0.0004739 | −0.084% | $138K | $147K | 50x | as long as short |
| MEXC MEW_USDT | +0.0100% | 4h | 0.0004746 | +0.063% | $381K | $182K | 125x | as long as short |
| KuCoin MEWUSDTMshort | +0.0100% | 4h | 0.0004747 | +0.084% | $335K | $118K | 30x | |
| Bitget MEWUSDT | +0.0100% | 4h | 0.0004741 | −0.042% | $489K | $551K | 50x | as long as short |
| BingX MEW-USDT | +0.0100% | 4h | 0.0004745 | +0.042% | — | $6.7M | — | as long as short |
GMX MEW/USD [WBTC.b-USDC]
Injective MEW/USDC PERP
Binance MEWUSDT
OKX MEW-USDT-SWAP
Gate MEW_USDT
MEXC MEW_USDT
Bitget MEWUSDT
BingX MEW-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MEW | +0.0100% | 4h | 0.0004740 | −0.060% | $84K | $36K | — | as long as short |
| Kraken Futures PF_MEWUSD | +0.0747% | 1h | 0.0004749 | +0.136% | $97K | $140K | 10x | as long as short |
Variational Omni MEW
Kraken Futures PF_MEWUSD