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: KuCoin against MEXC−0.074%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$494as in the Funding arb table
Net, price: spread back to 7d avg − costs−$512as 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)+0.093%+$9 · spread now −0.074%, 7d avg −0.042%
Together, before fees+0.235%+$24 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 0.032% 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 −0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ORDER_USDT0.040530.0100pay 0.0050% / 4h3h 37m$273K$100K20x
ShortKuCoin ORDERUSDTM0.040500.0100get 0.0050% / 4h3h 37m$220K$83K30x

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: −0.074% → −0.042%
−$3.22
Slippage, 4 orders
−$492.45
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$511.67
Costs to cover
5.084%
Break-even
never at this rate
Slippage from MEXC: live order book, 17 min ago; KuCoin: live order book, 12 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, 17 min ago5.00 bp19.4 bp −$1978.7 bp −$787231.5 bp −$23.2Kdoesn't fit
Sell KuCoin live order book, 12 min ago17.47 bp231.7 bp −$232doesn't fitdoesn't fitdoesn'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%4h0.040530.000%$1.4M$1.5M50xas long as short
Bybit ORDERUSDT+0.0100%8h0.04042−0.271%$1.3M$590K20xas long as short
OKX ORDER-USDT-SWAP+0.0100%4h0.04051−0.049%$163K$281K20xas long as short
Gate ORDER_USDT+0.0100%4h0.04052−0.025%$74K$71K20xas long as short
MEXC ORDER_USDTlong+0.0100%4h0.04053long leg$273K$100K20x
KuCoin ORDERUSDTMshort+0.0100%4h0.04050−0.074%$220K$83K30x
Bitget ORDERUSDT+0.0100%4h0.040530.000%$482K$202K20xas long as short
BingX ORDER-USDT+0.0100%4h0.04050−0.074%$1.3Mas long as short
Variational Omni ORDER+0.0100%8h0.04047−0.151%$10K$2Kas long as short
BloFin ORDER-USDT+0.0106%8h0.04040−0.321%$66K$7K16xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ORDER_USDC+0.0844%4h0.040530.000%$191K$217K10xas long as short