Funding you earn now, next payment 08:00 UTC−0.0546%/8h= −59.8% APRnext payment −$2.73 per $10,000 · paid last 24h −0.147%
Price spread now: KuCoin against MEXC−0.133%7-day average −0.287% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,450as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,395as in the Price arb table
costs, in and out, $10k−$1,41114.106% of the position
Funding, last 7 days−0.394%−$39 on $10k
+Price spread, last 4 days (all we have)−0.294%−$29 · spread now −0.133%, 7d avg −0.287%
=The price spread pays, funding is against you. KuCoin is 0.153% dearer against MEXC than usual: you sell high and buy low (spread −0.133% now, against its 7-day average of −0.287%): +$15 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 22 hours. At the pace of the last 7 days (−0.394% in total) that is about 2.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC NAORIS_USDT | 0.03748 | 0.0646 | pay 0.0323% / 4h | 3h 48m | $4.4M | $215K | 100x |
| Short | KuCoin NAORISUSDTM | 0.03743 | 0.0100 | get 0.0050% / 4h | 3h 48m | $442K | $28K | 10x |
MEXC NAORIS_USDT
KuCoin NAORISUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against MEXC. 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
- −$114.66
- Price spread: −0.133% → −0.287%
- $15.32
- Slippage, 4 orders
- −$1,390.58
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,509.93
- Costs to cover
- 14.106%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; KuCoin: live order book, 24 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 MEXC live order book, 3 min ago | 21.32 bp | 93.8 bp −$94 | 127.0 bp −$1,270 | 165.6 bp −$16.6K | 513.0 bp −$256.5K |
| Sell KuCoin live order book, 24 min ago | 26.62 bp | 604.7 bp −$605 | doesn't fit | doesn't fit | doesn't fit |
NAORIS on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NAORISUSDT | +0.0100% | 4h | 0.03734 | −0.363% | $1.1M | $450K | 20x | as long as short |
| Gate NAORIS_USDT | +0.0100% | 4h | 0.03736 | −0.320% | $291K | $14K | 20x | as long as short |
| KuCoin NAORISUSDTMshort | +0.0100% | 4h | 0.03743 | −0.133% | $442K | $28K | 10x | |
| Bitget NAORISUSDT | +0.0100% | 4h | 0.03751 | +0.080% | $3.4M | $220K | 10x | as long as short |
| Variational Omni NAORIS | +0.0100% | 4h | 0.03756 | +0.209% | $77K | $24K | — | as long as short |
| Aster NAORISUSDT | +0.0402% | 4h | 0.03741 | −0.182% | $5K | $5K | 5x | as long as short |
| BingX NAORIS-USDT | +0.0612% | 4h | 0.03738 | −0.267% | — | $1.3M | — | as long as short |
| Binance NAORISUSDT | +0.0637% | 4h | 0.03742 | −0.164% | $5.0M | $1.2M | 10x | as long as short |
| Extended NAORIS-USD | +0.0640% | 1h | 0.03740 | −0.219% | $5K | $104K | 5x | as long as short |
| MEXC NAORIS_USDTlong | +0.0646% | 4h | 0.03748 | long leg | $4.4M | $215K | 100x |
Bybit NAORISUSDT
Gate NAORIS_USDT
Bitget NAORISUSDT
Variational Omni NAORIS
Aster NAORISUSDT
BingX NAORIS-USDT
Binance NAORISUSDT
Extended NAORIS-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin NAORIS-USDT | +0.0677% | 4h | 0.03747 | −0.027% | $288K | $10K | 10x | as long as short |
BloFin NAORIS-USDT