Funding arb · Price arb /

POWER

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against MEXC−0.309%7-day average −0.063% · you buy dearer than you sell

Net, funding: paid 7d − costs−$118as in the Funding arb table

Net, price: spread back to 7d avg − costs−$190as in the Price arb table

costs, in and out, $10k−$1651.653% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.476%+$48 on $10k

Price spread, last 7 days+0.312%+$31 · spread now −0.309%, 7d avg −0.063%

Together, before fees+0.788%+$79 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 0.246% cheaper against MEXC than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of −0.063%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC POWER_USDT	0.1197	0.0100	pay 0.0050% / 4h	8m 45s	$13.9M	$379K	20x
Short	KuCoin POWERUSDTM	0.1193	0.0100	get 0.0050% / 4h	8m 45s	$2.3M	$12.8M	20x

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

Position, each leg$Hold fordaysFee MEXCbpFee KuCoinbpOrdersPrice spread, now −0.309%Rate

Funding earned: $0
Price spread: −0.309% → −0.063%: −$24.58
Slippage, 4 orders: −$153.28
Fee MEXC: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$189.85
Costs to cover: 1.653%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; KuCoin: live order book, 3 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, 3 min ago	3.77 bp	21.3 bp −$21	45.2 bp −$452	117.2 bp −$11.7K	doesn't fit
Sell KuCoin live order book, 3 min ago	6.72 bp	44.2 bp −$44	846.8 bp −$8,468	doesn't fit	doesn't fit

POWER on 10 exchanges

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
BloFin POWER-USDT	+0.0048%	4h	0.1193	−0.267%	$215K	$112K	20x	as long as short
Aster POWERUSDT	+0.0100%	4h	0.1195	−0.180%	$24K	$22K	5x	as long as short
Binance POWERUSDT	+0.0100%	4h	0.1196	−0.042%	$3.6M	$5.2M	20x	as long as short
Bybit POWERUSDT	+0.0100%	4h	0.1195	−0.117%	$2.0M	$1.5M	20x	as long as short
Gate POWER_USDT	+0.0100%	8h	0.1198	+0.125%	$223K	$109K	20x	as long as short
MEXC POWER_USDTlong	+0.0100%	4h	0.1197	long leg	$13.9M	$379K	20x
KuCoin POWERUSDTMshort	+0.0100%	4h	0.1193	−0.309%	$2.3M	$12.8M	20x
Bitget POWERUSDT	+0.0100%	4h	0.1196	−0.092%	$3.3M	$474K	20x	as long as short
BingX POWER-USDT	+0.0100%	4h	0.1194	−0.209%	—	$1.4M	—	as long as short
Variational Omni POWER	+0.0100%	4h	0.1194	−0.207%	$19K	$5K	—	as long as short