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: KuCoin against MEXC−0.230%7-day average −0.154% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,423as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,396as 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)+0.018%+$2 · spread now −0.230%, 7d avg −0.154%
=Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and KuCoin is 0.076% cheaper against MEXC than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.154%). Swap the legs.
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 | MEXC Q_USDT | 0.02561 | 0.0798 | pay 0.0399% / 4h | 3h 00m | $122K | $89K | 50x |
| Short | KuCoin QUSDTM | 0.02555 | 0.0100 | get 0.0050% / 4h | 3h 00m | $680K | $17K | 20x |
MEXC Q_USDT
KuCoin QUSDTMFunding 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
- −$146.58
- Price spread: −0.230% → −0.154%
- −$7.63
- Slippage, 4 orders
- −$1,368.53
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,542.74
- Costs to cover
- 13.885%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; KuCoin: live order book, 43 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, 4 min ago | 0.78 bp | 26.8 bp −$27 | 59.0 bp −$590 | 204.1 bp −$20.4K | 439.8 bp −$219.9K |
| Sell KuCoin live order book, 43 min ago | 19.69 bp | 367.8 bp −$368 | doesn't fit | doesn't fit | doesn't fit |
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 | 0.02557 | −0.172% | $1.2M | $304K | 10x | as long as short |
| KuCoin QUSDTMshort | +0.0100% | 4h | 0.02555 | −0.230% | $680K | $17K | 20x | |
| Bitget QUSDT | +0.0100% | 4h | 0.02559 | −0.090% | $2.3M | $132K | 20x | as long as short |
| Variational Omni Q | +0.0129% | 4h | 0.02559 | −0.104% | $617 | $2K | — | as long as short |
| Bybit QUSDT | +0.0256% | 4h | 0.02559 | −0.074% | $1.6M | $390K | 13x | as long as short |
| Aster QUSDT | +0.0548% | 4h | 0.02559 | −0.069% | $59K | $45K | 5x | as long as short |
| BloFin Q-USDT | +0.0749% | 4h | 0.02562 | +0.047% | $386K | $71K | 40x | as long as short |
| BingX Q-USDT | +0.0754% | 4h | 0.02560 | −0.059% | — | $1.3M | — | as long as short |
| MEXC Q_USDTlong | +0.0798% | 4h | 0.02561 | long leg | $122K | $89K | 50x | |
| Binance QUSDT | +0.0805% | 4h | 0.02561 | +0.003% | $7.1M | $1.3M | 20x | as long as short |
Gate Q_USDT
Bitget QUSDT
Variational Omni Q
Bybit QUSDT
Aster QUSDT
BloFin Q-USDT
BingX Q-USDT
Binance QUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended Q-USD | +0.0808% | 1h | 0.02561 | −0.021% | $8K | $174K | 5x | as long as short |
Extended Q-USD