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: MEXC against KuCoin+0.029%7-day average −0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$192as in the Funding arb table
Net, price: spread back to 7d avg − costs−$184as in the Price arb table
costs, in and out, $10k−$1921.921% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.041%−$4 · spread now +0.029%, 7d avg −0.050%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.079% dearer against KuCoin than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.050%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NILUSDTM | 0.06789 | 0.0100 | pay 0.0050% / 4h | 3h 53m | $569K | $698K | 30x |
| Short | MEXC NIL_USDT | 0.06791 | 0.0100 | get 0.0050% / 4h | 3h 53m | $2.2M | $4.2M | 100x |
KuCoin NILUSDTM
MEXC NIL_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: +0.029% → −0.050%
- $7.9
- Slippage, 4 orders
- −$176.07
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$184.17
- Costs to cover
- 1.921%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 21 min ago; MEXC: live order book, 4 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, 21 min ago | 14.98 bp | 60.0 bp −$60 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 10.90 bp | 44.7 bp −$45 | 173.5 bp −$1,735 | 317.1 bp −$31.7K | 586.5 bp −$293.2K |
NIL 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 NIL-USDT | +0.0075% | 4h | 0.06806 | +0.250% | $346K | $122K | 50x | as long as short |
| Aster NILUSDT | +0.0100% | 4h | 0.06784 | −0.072% | $22K | $314K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.06771 | −0.270% | $5.2M | $73.9M | 50x | as long as short |
| Bybit NILUSDT | +0.0100% | 4h | 0.06775 | −0.206% | $3.7M | $13.7M | 20x | as long as short |
| Gate NIL_USDT | +0.0100% | 4h | 0.06780 | −0.133% | $434K | $1.9M | 50x | as long as short |
| MEXC NIL_USDTshort | +0.0100% | 4h | 0.06791 | +0.029% | $2.2M | $4.2M | 100x | |
| KuCoin NILUSDTMlong | +0.0100% | 4h | 0.06789 | long leg | $569K | $698K | 30x | |
| Bitget NILUSDT | +0.0100% | 4h | 0.06779 | −0.147% | $1.8M | $8.4M | 50x | as long as short |
| BingX NIL-USDT | +0.0100% | 4h | 0.06778 | −0.162% | — | $8.4M | — | as long as short |
| Variational Omni NIL | +0.0100% | 4h | 0.06890 | +1.492% | $182K | $264K | — | as long as short |
BloFin NIL-USDT
Aster NILUSDT
Binance NILUSDT
Bybit NILUSDT
Gate NIL_USDT
Bitget NILUSDT
BingX NIL-USDT
Variational Omni NILShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended NIL-USD | +0.0104% | 1h | 0.06774 | −0.218% | $21K | $93K | 5x | as long as short |
| Hyperliquid NIL | +0.0657% | 1h | 0.06797 | +0.125% | $4.3M | $4.6M | 3x | as long as short |
Extended NIL-USD
Hyperliquid NIL