Funding you earn now, next payment 12:00 UTC+0.0698%/8h= +76.4% APRnext payment +$3.49 per $10,000 · paid last 24h +0.133%
Price spread now: MEXC against KuCoin+0.251%7-day average +0.154% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,354as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,379as in the Price arb table
costs, in and out, $10k−$1,38913.885% of the position
Funding, last 7 days+0.345%+$35 on $10k
+Price spread, last 4 days (all we have)−0.038%−$4 · spread now +0.251%, 7d avg +0.154%
=Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and MEXC is 0.097% dearer against KuCoin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.154%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.345% in total (about 18.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.49 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin QUSDTM | 0.02555 | 0.0100 | pay 0.0050% / 4h | 3h 01m | $680K | $17K | 20x |
| Short | MEXC Q_USDT | 0.02561 | 0.0798 | get 0.0399% / 4h | 3h 01m | $122K | $89K | 50x |
KuCoin QUSDTM
MEXC Q_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against KuCoin. 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
- $146.58
- Price spread: +0.251% → +0.154%
- $9.65
- Slippage, 4 orders
- −$1,368.53
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$1,232.3
- Costs to cover
- 13.885%
- Break-even
- 65.8 days
Slippage from KuCoin: live order book, 43 min ago; MEXC: 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 KuCoin live order book, 43 min ago | 19.69 bp | 970.8 bp −$971 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.78 bp | 23.1 bp −$23 | 58.3 bp −$583 | 207.5 bp −$20.7K | 439.2 bp −$219.6K |
Q 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate Q_USDT | +0.0100% | 4h | 0.02558 | +0.137% | $1.2M | $304K | 10x | as long as short |
| KuCoin QUSDTMlong | +0.0100% | 4h | 0.02555 | long leg | $680K | $17K | 20x | |
| Bitget QUSDT | +0.0100% | 4h | 0.02559 | +0.168% | $2.3M | $132K | 20x | as long as short |
| Variational Omni Q | +0.0113% | 4h | 0.02562 | +0.273% | $618 | $2K | — | as long as short |
| Bybit QUSDT | +0.0256% | 4h | 0.02559 | +0.188% | $1.6M | $390K | 13x | as long as short |
| Aster QUSDT | +0.0548% | 4h | 0.02560 | +0.199% | $59K | $45K | 5x | as long as short |
| BingX Q-USDT | +0.0754% | 4h | 0.02560 | +0.204% | — | $1.3M | — | as long as short |
| BloFin Q-USDT | +0.0757% | 4h | 0.02562 | +0.282% | $387K | $71K | 40x | as long as short |
| MEXC Q_USDTshort | +0.0798% | 4h | 0.02561 | +0.251% | $122K | $89K | 50x | |
| Extended Q-USD | +0.0800% | 1h | 0.02561 | +0.236% | $8K | $174K | 5x | as long as short |
Gate Q_USDT
Bitget QUSDT
Variational Omni Q
Bybit QUSDT
Aster QUSDT
BingX Q-USDT
BloFin Q-USDT
Extended Q-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance QUSDT | +0.0805% | 4h | 0.02561 | +0.255% | $7.1M | $1.3M | 20x | as long as short |
Binance QUSDT