Funding you earn now, next payment 12:00 UTC−0.0066%/8h= −7.2% APRnext payment −$0.33 per $10,000 · paid last 24h −0.085%
Price spread now: KuCoin against MEXC+0.053%7-day average −0.094% · you sell dearer than you buy
Net, funding: paid 7d − costs−$844as in the Funding arb table
Net, price: spread back to 7d avg − costs−$776as in the Price arb table
costs, in and out, $10k−$7917.908% of the position
Funding, last 7 days−0.536%−$54 on $10k
+Price spread, last 7 days−0.133%−$13 · spread now +0.053%, 7d avg −0.094%
=The price spread pays, funding is against you. KuCoin is 0.148% dearer against MEXC than usual: you sell high and buy low (spread +0.053% now, against its 7-day average of −0.094%): +$15 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.5 days. At the pace of the last 7 days (−0.536% in total) that is about 46 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC O_USDT | 0.5642 | 0.0636 | pay 0.0318% / 4h | 3h 44m | $956K | $168K | 50x |
| Short | KuCoin OUSDTM | 0.5645 | 0.0570 | get 0.0285% / 4h | 3h 44m | $1.3M | $677K | 20x |
MEXC O_USDT
KuCoin OUSDTMFunding 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
- −$13.86
- Price spread: +0.053% → −0.094%
- $14.76
- Slippage, 4 orders
- −$770.8
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$789.9
- Costs to cover
- 7.908%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 46 min ago; KuCoin: live order book, 10 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, 46 min ago | 0.90 bp | 10.7 bp −$11 | 71.7 bp −$717 | 426.7 bp −$42.7K | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 11.53 bp | 270.6 bp −$271 | doesn't fit | doesn't fit | doesn't fit |
O 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni O | +0.0100% | 4h | 0.5635 | −0.132% | $3K | $518 | — | as long as short |
| Aster OUSDT | +0.0149% | 4h | 0.5636 | −0.106% | $22K | $57K | 3x | as long as short |
| Bitget OUSDT | +0.0218% | 4h | 0.5640 | −0.035% | $1.6M | $405K | 10x | as long as short |
| Binance OUSDT | +0.0400% | 4h | 0.5642 | −0.008% | $4.7M | $2.3M | 10x | as long as short |
| KuCoin OUSDTMshort | +0.0570% | 4h | 0.5645 | +0.053% | $1.3M | $677K | 20x | |
| MEXC O_USDTlong | +0.0636% | 4h | 0.5642 | long leg | $956K | $168K | 50x | |
| OKX O-USDT-SWAP | +0.0647% | 4h | 0.5642 | 0.000% | $1.5M | $1.2M | 10x | as long as short |
| BingX O-USDT | +0.1616% | 4h | 0.5641 | −0.018% | — | $1.7M | — | as long as short |
| Gate O_USDT | +0.2196% | 4h | 0.5638 | −0.071% | $1.5M | $621K | 20x | as long as short |
| Bybit OUSDT | +0.2366% | 4h | 0.5637 | −0.089% | $707K | $1.0M | 20x | as long as short |
Variational Omni O
Aster OUSDT
Bitget OUSDT
Binance OUSDT
OKX O-USDT-SWAP
BingX O-USDT
Gate O_USDT
Bybit OUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin O-USDT | +0.2378% | 4h | 0.5637 | −0.089% | $242K | $6K | 20x | as long as short |
BloFin O-USDT