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

ORDER

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: MEXC against KuCoin+0.099%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$523as in the Funding arb table
Net, price: spread back to 7d avg − costs−$503as in the Price arb table
costs, in and out, $10k−$5085.084% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.142%−$14 on $10k
Price spread, last 4 days (all we have)−0.118%−$12 · spread now +0.099%, 7d avg +0.042%
Together, before fees−0.260%−$26 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: MEXC is 0.057% dearer against KuCoin than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ORDERUSDTM0.040480.0100pay 0.0050% / 4h3h 37m$219K$83K30x
ShortMEXC ORDER_USDT0.040520.0100get 0.0050% / 4h3h 37m$273K$100K20x

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
$0
Price spread: +0.099% → +0.042%
$5.7
Slippage, 4 orders
−$492.45
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$502.74
Costs to cover
5.084%
Break-even
never at this rate
Slippage from KuCoin: live order book, 12 min ago; MEXC: live order book, 17 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, 12 min ago17.47 bp226.0 bp −$226doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 17 min ago5.00 bp31.4 bp −$3192.0 bp −$920246.2 bp −$24.6Kdoesn't fit

ORDER 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
Binance ORDERUSDT+0.0100%4h0.04052+0.099%$1.4M$1.5M50xas long as short
Bybit ORDERUSDT+0.0100%8h0.04042−0.148%$1.3M$590K20xas long as short
OKX ORDER-USDT-SWAP+0.0100%4h0.04051+0.074%$163K$281K20xas long as short
Gate ORDER_USDT+0.0100%4h0.04052+0.099%$74K$71K20xas long as short
MEXC ORDER_USDTshort+0.0100%4h0.04052+0.099%$273K$100K20x
KuCoin ORDERUSDTMlong+0.0100%4h0.04048long leg$219K$83K30x
Bitget ORDERUSDT+0.0100%4h0.04053+0.124%$482K$202K20xas long as short
BingX ORDER-USDT+0.0100%4h0.04049+0.025%$1.3Mas long as short
Variational Omni ORDER+0.0100%8h0.04047−0.028%$10K$2Kas long as short
BloFin ORDER-USDT+0.0106%8h0.04040−0.198%$66K$7K16xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ORDER_USDC+0.0844%4h0.04053+0.124%$191K$217K10xas long as short