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

PROMPT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0324%/8h= +35.5% APRnext payment +$1.62 per $10,000 · paid last 24h +0.047%
Price spread now: KuCoin against MEXC−0.183%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.132%+$13 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. KuCoin is 0.183% cheaper against MEXC than usual: you would sell low and buy high (spread −0.183% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$18 on $10k: about 45 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.132% in total) that is about 9.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.132% in total (about 6.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.62 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PROMPT_USDT0.021870.0100pay 0.0050% / 4h3h 05m$99K$94K20x
ShortKuCoin PROMPTUSDTM0.021830.0424get 0.0212% / 4h3h 05m$85K$70K30x

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
$68.04
Price spread: −0.183% → 0.000%
−$18.29
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$33.75
Costs to cover
0.160%
Break-even
3.5 days
Slippage unknown: MEXC: no order-book sample; KuCoin: no order-book sample. Net counts fees only.

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 no order-book sample
Sell KuCoin no order-book sample
MEXC and KuCoin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

PROMPT on 9 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 PROMPTUSDT+0.0100%4h0.02185−0.114%$1.2M$1.2M40xas long as short
MEXC PROMPT_USDTlong+0.0100%4h0.02187long leg$99K$94K20x
Aster PROMPTUSDT+0.0218%4h0.02184−0.146%$3K$1505xas long as short
Gate PROMPT_USDT+0.0358%4h0.02186−0.046%$534K$54K20xas long as short
KuCoin PROMPTUSDTMshort+0.0424%4h0.02183−0.183%$85K$70K30x
Variational Omni PROMPT+0.0448%4h0.02178−0.407%$4K$2Kas long as short
Bybit PROMPTUSDT+0.0825%4h0.02184−0.137%$324K$137K5xas long as short
BingX PROMPT-USDT+0.1124%4h0.02186−0.046%$6.5Mas long as short
Kraken Futures PF_PROMPTUSD+3.9023%1h0.02181−0.256%$2K$3K10xas long as short