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: Binance against KuCoin−0.042%7-day average +0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$537as in the Funding arb table
Net, price: spread back to 7d avg − costs−$551as in the Price arb table
costs, in and out, $10k−$5425.422% of the position
Funding, last 7 days+0.052%+$5 on $10k
+Price spread, last 4 days (all we have)−0.023%−$2 · spread now −0.042%, 7d avg +0.047%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.089% cheaper against KuCoin than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MEWUSDTM | 0.0004753 | 0.0100 | pay 0.0050% / 4h | 22m 39s | $335K | $118K | 30x |
| Short | Binance MEWUSDT | 0.0004751 | 0.0100 | get 0.0050% / 4h | 22m 39s | $1.3M | $3.7M | 50x |
KuCoin MEWUSDTM
Binance MEWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $0
- Price spread: −0.042% → +0.047%
- −$8.94
- Slippage, 4 orders
- −$520.21
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$551.15
- Costs to cover
- 5.422%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 10 min ago; Binance: live order book, 13 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, 10 min ago | 23.08 bp | 282.1 bp −$282 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 1.05 bp | 21.1 bp −$21 | 84.1 bp −$841 | 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 | −0.274% | — | — | 100x | as long as short |
| Injective MEW/USDC PERP | +0.0033% | 1h | 0.0004219 | −11.235% | $46 | $14K | 5.5x | as long as short |
| Binance MEWUSDTshort | +0.0100% | 4h | 0.0004751 | −0.042% | $1.3M | $3.7M | 50x | |
| Bybit MEWUSDT | +0.0100% | 4h | 0.0004746 | −0.147% | $1.5M | $1.6M | 25x | as long as short |
| OKX MEW-USDT-SWAP | +0.0100% | 4h | 0.0004745 | −0.168% | $551K | $940K | 20x | as long as short |
| Gate MEW_USDT | +0.0100% | 4h | 0.0004738 | −0.316% | $138K | $147K | 50x | as long as short |
| MEXC MEW_USDT | +0.0100% | 4h | 0.0004752 | −0.021% | $382K | $182K | 125x | as long as short |
| KuCoin MEWUSDTMlong | +0.0100% | 4h | 0.0004753 | long leg | $335K | $118K | 30x | |
| Bitget MEWUSDT | +0.0100% | 4h | 0.0004750 | −0.063% | $490K | $551K | 50x | as long as short |
| BingX MEW-USDT | +0.0100% | 4h | 0.0004748 | −0.105% | — | $6.7M | — | as long as short |
GMX MEW/USD [WBTC.b-USDC]
Injective MEW/USDC PERP
Bybit 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 | 0.0004746 | −0.155% | $84K | $36K | — | as long as short |
| Kraken Futures PF_MEWUSD | +0.0746% | 1h | 0.0004754 | +0.024% | $97K | $140K | 10x | as long as short |
Variational Omni MEW
Kraken Futures PF_MEWUSD