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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ORDER_USDT | 0.04053 | 0.0100 | pay 0.0050% / 4h | 3h 37m | $273K | $100K | 20x |
| Short | KuCoin ORDERUSDTM | 0.04050 | 0.0100 | get 0.0050% / 4h | 3h 37m | $220K | $83K | 30x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 17 min ago | 5.00 bp | 19.4 bp −$19 | 78.7 bp −$787 | 231.5 bp −$23.2K | doesn't fit |
| Sell KuCoin live order book, 12 min ago | 17.47 bp | 231.7 bp −$232 | doesn't fit | doesn't fit | doesn't fit |
ORDER 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ORDERUSDT | +0.0100% | 4h | 0.04053 | 0.000% | $1.4M | $1.5M | 50x | as long as short |
| Bybit ORDERUSDT | +0.0100% | 8h | 0.04042 | −0.271% | $1.3M | $590K | 20x | as long as short |
| OKX ORDER-USDT-SWAP | +0.0100% | 4h | 0.04051 | −0.049% | $163K | $281K | 20x | as long as short |
| Gate ORDER_USDT | +0.0100% | 4h | 0.04052 | −0.025% | $74K | $71K | 20x | as long as short |
| MEXC ORDER_USDTlong | +0.0100% | 4h | 0.04053 | long leg | $273K | $100K | 20x | |
| KuCoin ORDERUSDTMshort | +0.0100% | 4h | 0.04050 | −0.074% | $220K | $83K | 30x | |
| Bitget ORDERUSDT | +0.0100% | 4h | 0.04053 | 0.000% | $482K | $202K | 20x | as long as short |
| BingX ORDER-USDT | +0.0100% | 4h | 0.04050 | −0.074% | — | $1.3M | — | as long as short |
| Variational Omni ORDER | +0.0100% | 8h | 0.04047 | −0.151% | $10K | $2K | — | as long as short |
| BloFin ORDER-USDT | +0.0106% | 8h | 0.04040 | −0.321% | $66K | $7K | 16x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ORDER_USDC | +0.0844% | 4h | 0.04053 | 0.000% | $191K | $217K | 10x | as long as short |
MEXC ORDER_USDT
KuCoin ORDERUSDTM
Binance ORDERUSDT
Bybit ORDERUSDT
OKX ORDER-USDT-SWAP
Gate ORDER_USDT
Bitget ORDERUSDT
BingX ORDER-USDT
Variational Omni ORDER
BloFin ORDER-USDT