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

ON

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Alert: funding
Alert: spread
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: KuCoin against MEXC−0.345%7-day average −0.317% · you buy dearer than you sell
Net, funding: paid 7d − costs−$850as in the Funding arb table
Net, price: spread back to 7d avg − costs−$835as in the Price arb table
costs, in and out, $10k−$8328.318% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.178%−$18 on $10k
Price spread, last 7 days−0.021%−$2 · spread now −0.345%, 7d avg −0.317%
Together, before fees−0.199%−$20 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.027% cheaper against MEXC than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.317%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ON_USDT0.13630.0100pay 0.0050% / 4h3h 29m$1.1M$394K50x
ShortKuCoin ONUSDTM0.13580.0100get 0.0050% / 4h3h 29m$749K$49K50x

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

Profit calculator

Funding earned
$0
Price spread: −0.345% → −0.317%
−$2.74
Slippage, 4 orders
−$811.8
Fee MEXC: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$834.54
Costs to cover
8.318%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 min ago; KuCoin: live order book, 50 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 MEXC live order book, 1 min ago3.66 bp29.4 bp −$29118.6 bp −$1,186335.8 bp −$33.6K905.3 bp −$452.7K
Sell KuCoin live order book, 50 min ago13.26 bp399.1 bp −$399doesn't fitdoesn't fitdoesn't fit

ON on 8 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
edgeX ONUSDC+0.0085%4h0.1362−0.108%$7K$132K10xas long as short
Binance ONUSDT+0.0100%4h0.13630.000%$6.0M$3.7M50xas long as short
Gate ON_USDT+0.0100%4h0.1357−0.411%$303K$23K5xas long as short
MEXC ON_USDTlong+0.0100%4h0.1363long leg$1.1M$394K50x
KuCoin ONUSDTMshort+0.0100%4h0.1358−0.345%$749K$49K50x
Variational Omni ON+0.0100%4h0.1364+0.056%$25K$6Kas long as short
BingX ON-USDT+0.0164%4h0.1364+0.073%$6.6Mas long as short
Aster ONUSDT+0.0956%4h0.1361−0.116%$444K$30K5xas long as short