Funding you earn now, next payment 04:00 UTC−0.1008%/8h= −110.4% APRnext payment −$5.04 per $10,000 · paid last 24h −0.083%
Price spread now: MEXC against KuCoin+0.250%7-day average −0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$384as in the Funding arb table
Net, price: spread back to 7d avg − costs−$350as in the Price arb table
costs, in and out, $10k−$3813.813% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 4 days (all we have)−0.297%−$30 · spread now +0.250%, 7d avg −0.059%
=The price spread pays, funding is against you. MEXC is 0.310% dearer against KuCoin than usual: you sell high and buy low (spread +0.250% now, against its 7-day average of −0.059%): +$31 on $10k if it goes back. Holding the pair costs −$30 a day in funding at the current rate, which eats that in about 25 hours. At the pace of the last 7 days (−0.028% in total) that is about 3 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.028% in total (about -1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.04 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 1000000MOGUSDTM | 0.0000001198 | 0.1108 | pay 0.0554% / 4h | 3h 53m | $663K | $148K | 30x |
| Short | MEXC 1000000MOG_USDT | 0.0000001201 | 0.0100 | get 0.0050% / 4h | 3h 53m | $714K | $211K | 100x |
KuCoin 1000000MOGUSDTM
MEXC 1000000MOG_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
- −$211.68
- Price spread: +0.250% → −0.059%
- $30.98
- Slippage, 4 orders
- −$365.3
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$562.01
- Costs to cover
- 3.813%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 70 min ago; MEXC: 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 KuCoin live order book, 70 min ago | 12.54 bp | 177.4 bp −$177 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 12 min ago | 4.19 bp | 19.0 bp −$19 | 64.8 bp −$648 | 280.2 bp −$28.0K | doesn't fit |
MOG 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin 1000000MOG-USDT | +0.0072% | 4h | 0.0000001201 | +0.250% | $75K | $15K | 50x | as long as short |
| Binance 1000000MOGUSDT | +0.0100% | 4h | 0.0000001201 | +0.250% | $1.1M | $3.8M | 50x | as long as short |
| Bybit 1000000MOGUSDT | +0.0100% | 4h | 0.0000001205 | +0.576% | $1.7M | $2.3M | 50x | as long as short |
| Gate MOG_USDT | +0.0100% | 4h | 0.0000001199 | +0.083% | $436K | $336K | 25x | as long as short |
| MEXC 1000000MOG_USDTshort | +0.0100% | 4h | 0.0000001201 | +0.250% | $714K | $211K | 100x | |
| Bitget 1000000MOGUSDT | +0.0100% | 4h | 0.0000001198 | 0.000% | $336K | $160K | 50x | as long as short |
| Variational Omni 1000000MOG | +0.0100% | 4h | 0.0000001202 | +0.320% | $4K | $11K | — | as long as short |
| BingX 1000000MOG-USDT | +0.0200% | 4h | 0.0000001204 | +0.501% | — | $1.4M | — | as long as short |
| Kraken Futures PF_MOGUSD | +0.0651% | 1h | 0.0000001198 | 0.000% | $48K | $41K | 10x | as long as short |
| KuCoin 1000000MOGUSDTMlong | +0.1108% | 4h | 0.0000001198 | long leg | $663K | $148K | 30x |
BloFin 1000000MOG-USDT
Binance 1000000MOGUSDT
Bybit 1000000MOGUSDT
Gate MOG_USDT
Bitget 1000000MOGUSDT
Variational Omni 1000000MOG
BingX 1000000MOG-USDT
Kraken Futures PF_MOGUSDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International 1000MOG-PERP-INTX | +0.2208% | 1h | 0.0000001205 | +0.584% | $66K | $10K | 25x | as long as short |
| Deribit 1000MOG_USDC-PERPETUAL | +1.1554% | 1h | 0.0000001200 | +0.167% | $31K | $30K | 10x | as long as short |
Coinbase International 1000MOG-PERP-INTX
Deribit 1000MOG_USDC-PERPETUAL