Funding you earn now, next payment 04:00 UTC−0.0078%/8h= −8.5% APRnext payment −$0.39 per $10,000 · paid last 24h +0.039%
Price spread now: KuCoin against MEXC−0.352%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$218as in the Funding arb table
Net, price: spread back to 7d avg − costs−$294as in the Price arb table
costs, in and out, $10k−$2642.640% of the position
Funding, last 7 days+0.458%+$46 on $10k
+Price spread, last 7 days+0.167%+$17 · spread now −0.352%, 7d avg −0.049%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.303% cheaper against MEXC than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of −0.049%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.458%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PTB_USDT | 0.001108 | 0.0178 | pay 0.0089% / 4h | 24m 29s | $361K | $947K | 20x |
| Short | KuCoin PTBUSDTM | 0.001104 | 0.0100 | get 0.0050% / 4h | 24m 29s | $1.7M | $7.4M | 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$16.38
- Price spread: −0.352% → −0.049%
- −$30.28
- Slippage, 4 orders
- −$243.99
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$310.65
- Costs to cover
- 2.640%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 30 min ago; KuCoin: live order book, 4 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, 30 min ago | 3.56 bp | 32.2 bp −$32 | 64.0 bp −$640 | 215.5 bp −$21.5K | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 8.16 bp | 69.0 bp −$69 | doesn't fit | doesn't fit | doesn't fit |
PTB on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit PTBUSDT | +0.0100% | 4h | 0.001110 | +0.162% | $1.7M | $22.4M | 25x | as long as short |
| KuCoin PTBUSDTMshort | +0.0100% | 4h | 0.001104 | −0.352% | $1.7M | $7.4M | 20x | |
| Variational Omni PTB | +0.0100% | 4h | 0.001106 | −0.149% | $32K | $74K | — | as long as short |
| BloFin PTB-USDT | +0.0163% | 4h | 0.001101 | −0.632% | $468K | $675K | 20x | as long as short |
| Binance PTBUSDT | +0.0171% | 4h | 0.001110 | +0.171% | $8.0M | $139.8M | 20x | as long as short |
| Extended kPTB-USD | +0.0176% | 1h | 0.001105 | −0.248% | $4K | $42K | 5x | as long as short |
| MEXC PTB_USDTlong | +0.0178% | 4h | 0.001108 | long leg | $361K | $947K | 20x | |
| BingX PTB-USDT | +0.0196% | 4h | 0.001112 | +0.415% | — | $2.3M | — | as long as short |
| Aster PTBUSDT | +0.0534% | 4h | 0.001103 | −0.408% | $85K | $894K | 5x | as long as short |
| Gate PTB_USDT | +0.0764% | 4h | 0.001104 | −0.361% | $1.9M | $5.7M | 25x | as long as short |
MEXC PTB_USDT
KuCoin PTBUSDTM
Bybit PTBUSDT
Variational Omni PTB
BloFin PTB-USDT
Binance PTBUSDT
Extended kPTB-USD
BingX PTB-USDT
Aster PTBUSDT
Gate PTB_USDT