Settings8H · net · $10k
Funding arb · Price arb /

O

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0206%/8h= +22.6% APRnext payment +$1.03 per $10,000 · paid last 24h +0.073%
Price spread now: MEXC against KuCoin−0.035%7-day average +0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$726as in the Funding arb table
Net, price: spread back to 7d avg − costs−$791as in the Price arb table
costs, in and out, $10k−$7787.781% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.524%+$52 on $10k
Price spread, last 7 days+0.023%+$2 · spread now −0.035%, 7d avg +0.090%
Together, before fees+0.547%+$55 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.126% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.035% now, against its 7-day average of +0.090%). If the spread goes back, that is −$13 on $10k: about 2.0 days of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin OUSDTM0.56350.0260pay 0.0130% / 4h2h 52m$1.3M$641K20x
ShortMEXC O_USDT0.56330.0466get 0.0233% / 4h2h 52m$972K$168K50x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$43.26
Price spread: −0.035% → +0.090%
−$12.59
Slippage, 4 orders
−$758.09
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 4 bp × 2 orders
−$8
Net
−$747.42
Costs to cover
7.781%
Break-even
127.9 days
Slippage from KuCoin: live order book, 8 min ago; MEXC: live order book, 54 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 8 min ago15.13 bp527.6 bp −$528doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 54 min ago2.67 bp11.8 bp −$1267.8 bp −$678556.3 bp −$55.6Kdoesn't fit

O on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster OUSDT+0.0100%4h0.5622−0.234%$20K$52K3xas long as short
Bybit OUSDT+0.0100%4h0.5627−0.142%$718K$923K20xas long as short
Gate O_USDT+0.0100%4h0.5627−0.142%$1.5M$545K20xas long as short
Bitget OUSDT+0.0100%4h0.5634−0.018%$1.6M$330K10xas long as short
Variational Omni O+0.0100%4h0.5645+0.178%$3K$518as long as short
Binance OUSDT+0.0105%4h0.5630−0.084%$4.8M$2.0M10xas long as short
BloFin O-USDT+0.0151%4h0.5634−0.018%$241K$6K20xas long as short
KuCoin OUSDTMlong+0.0260%4h0.5635long leg$1.3M$641K20x
BingX O-USDT+0.0446%4h0.5633−0.035%$1.6Mas long as short
OKX O-USDT-SWAP+0.0464%4h0.5639+0.071%$1.5M$1.1M10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC O_USDTshort+0.0466%4h0.5633−0.035%$972K$168K50x