Funding you earn now, next payment 12:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.34 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against MEXC−0.278%7-day average −0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs−$543as in the Funding arb table
Net, price: spread back to 7d avg − costs−$580as in the Price arb table
costs, in and out, $10k−$5625.617% of the position
Funding, last 7 days+0.189%+$19 on $10k
+Price spread, last 4 days (all we have)+0.372%+$37 · spread now −0.278%, 7d avg −0.097%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.180% cheaper against MEXC than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.097%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.189%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC NEX_USDT | 0.000001081 | 0.0100 | pay 0.0050% / 4h | 1h 27m | $110K | $93K | 20x |
| Short | KuCoin NEXUSDTM | 0.000001078 | 0.0032 | get 0.0016% / 4h | 1h 27m | $207K | $754K | 10x |
MEXC NEX_USDT
KuCoin NEXUSDTMFunding 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
- −$14.28
- Price spread: −0.278% → −0.097%
- −$18.03
- Slippage, 4 orders
- −$545.67
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$593.98
- Costs to cover
- 5.617%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 7 min ago; KuCoin: live order book, 9 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, 7 min ago | 13.86 bp | 67.9 bp −$68 | 184.1 bp −$1,841 | 920.5 bp −$92.0K | 34353.2 bp −$17.18M |
| Sell KuCoin live order book, 9 min ago | 23.22 bp | 181.1 bp −$181 | doesn't fit | doesn't fit | doesn't fit |
NEX on 6 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NEXUSDTMshort | +0.0032% | 4h | 0.000001078 | −0.278% | $207K | $754K | 10x | |
| BingX 10000NEX-USDT | +0.0070% | 4h | 0.000001082 | +0.093% | — | $1.6M | — | as long as short |
| Aster 1000NEXUSDT | +0.0100% | 1h | 0.000001083 | +0.150% | $2K | $957 | 3x | as long as short |
| Bybit 10000NEXUSDT | +0.0100% | 4h | 0.000001082 | +0.093% | $360K | $64K | 10x | as long as short |
| MEXC NEX_USDTlong | +0.0100% | 4h | 0.000001081 | long leg | $110K | $93K | 20x | |
| Bitget 10000NEXUSDT | +0.0100% | 4h | 0.000001082 | +0.093% | $121K | $50K | 20x | as long as short |
BingX 10000NEX-USDT
Aster 1000NEXUSDT
Bybit 10000NEXUSDT
Bitget 10000NEXUSDT