Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against KuCoin−0.105%7-day average +0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$520as in the Funding arb table
Net, price: spread back to 7d avg − costs−$539as in the Price arb table
costs, in and out, $10k−$5245.236% of the position
Funding, last 7 days+0.034%+$3 on $10k
+Price spread, last 4 days (all we have)+0.202%+$20 · spread now −0.105%, 7d avg +0.048%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.153% cheaper against KuCoin than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MEWUSDTM | 0.0004740 | 0.0100 | pay 0.0050% / 4h | 3h 43m | $334K | $117K | 30x |
| Short | MEXC MEW_USDT | 0.0004735 | 0.0100 | get 0.0050% / 4h | 3h 43m | $378K | $181K | 125x |
KuCoin MEWUSDTM
MEXC MEW_USDTFunding 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
- $0
- Price spread: −0.105% → +0.048%
- −$15.34
- Slippage, 4 orders
- −$507.59
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$538.93
- Costs to cover
- 5.236%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 50 min ago; MEXC: live order book, 37 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, 50 min ago | 23.08 bp | 282.1 bp −$282 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 37 min ago | 1.05 bp | 11.9 bp −$12 | 56.1 bp −$561 | 178.3 bp −$17.8K | 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 | 0.0004720 | −0.422% | — | — | 100x | as long as short |
| Injective MEW/USDC PERP | +0.0033% | 1h | 0.0004219 | −10.992% | $46 | $14K | 5.5x | as long as short |
| Binance MEWUSDT | +0.0100% | 4h | 0.0004734 | −0.116% | $1.3M | $3.7M | 50x | as long as short |
| Bybit MEWUSDT | +0.0100% | 4h | 0.0004730 | −0.211% | $1.5M | $1.6M | 25x | as long as short |
| OKX MEW-USDT-SWAP | +0.0100% | 4h | 0.0004728 | −0.253% | $550K | $946K | 20x | as long as short |
| Gate MEW_USDT | +0.0100% | 4h | 0.0004723 | −0.359% | $136K | $147K | 50x | as long as short |
| MEXC MEW_USDTshort | +0.0100% | 4h | 0.0004735 | −0.105% | $378K | $181K | 125x | |
| KuCoin MEWUSDTMlong | +0.0100% | 4h | 0.0004740 | long leg | $334K | $117K | 30x | |
| Bitget MEWUSDT | +0.0100% | 4h | 0.0004738 | −0.042% | $490K | $556K | 50x | as long as short |
| BingX MEW-USDT | +0.0100% | 4h | 0.0004736 | −0.084% | — | $6.7M | — | as long as short |
GMX MEW/USD [WBTC.b-USDC]
Injective MEW/USDC PERP
Binance MEWUSDT
Bybit MEWUSDT
OKX MEW-USDT-SWAP
Gate 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 | 0.0004743 | +0.068% | $84K | $36K | — | as long as short |
| Kraken Futures PF_MEWUSD | +0.1427% | 1h | 0.0004736 | −0.078% | $96K | $141K | 10x | as long as short |
Variational Omni MEW
Kraken Futures PF_MEWUSD