Funding you earn now, next payment 04:00 UTC+0.0092%/8h= +10.1% APRnext payment +$0.46 per $10,000 · paid last 24h −0.142%
Price spread now: KuCoin against MEXC−0.047%7-day average −0.173% · you buy dearer than you sell
Net, funding: paid 7d − costs−$308as in the Funding arb table
Net, price: spread back to 7d avg − costs−$259as in the Price arb table
costs, in and out, $10k−$2712.713% of the position
Funding, last 7 days−0.371%−$37 on $10k
+Price spread, last 4 days (all we have)−0.147%−$15 · spread now −0.047%, 7d avg −0.173%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.126% dearer against MEXC than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.173%. Mind the row above: over the last 7 days funding on this pair cost −0.371%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC 1000RATS_USDT | 0.00004234 | 0.0778 | pay 0.0389% / 4h | 2h 46m | $810K | $181K | 125x |
| Short | KuCoin 1000RATSUSDTM | 0.00004232 | 0.0870 | get 0.0435% / 4h | 2h 46m | $640K | $84K | 30x |
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
- $19.32
- Price spread: −0.047% → −0.173%
- $12.58
- Slippage, 4 orders
- −$255.35
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$239.45
- Costs to cover
- 2.713%
- Break-even
- 93.8 days
Slippage from MEXC: live order book, 14 min ago; KuCoin: live order book, 66 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, 14 min ago | 1.18 bp | 16.8 bp −$17 | 67.4 bp −$674 | 236.3 bp −$23.6K | 425.0 bp −$212.5K |
| Sell KuCoin live order book, 66 min ago | 9.47 bp | 56.5 bp −$57 | 885.6 bp −$8,856 | doesn't fit | doesn't fit |
RATS 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate RATS_USDT | +0.0100% | 4h | 0.00004223 | −0.260% | $2.5M | $437K | 25x | as long as short |
| Bitget 1000RATSUSDT | +0.0100% | 4h | 0.00004232 | −0.047% | $1.5M | $366K | 25x | as long as short |
| BloFin 1000RATS-USDT | +0.0736% | 4h | 0.00004242 | +0.189% | $1.0M | $11K | 40x | as long as short |
| edgeX 1000RATSUSDC | +0.0776% | 4h | 0.00004242 | +0.195% | $34K | $294K | 10x | as long as short |
| Binance 1000RATSUSDT | +0.0778% | 4h | 0.00004234 | 0.000% | $11.1M | $2.1M | 40x | as long as short |
| MEXC 1000RATS_USDTlong | +0.0778% | 4h | 0.00004234 | long leg | $810K | $181K | 125x | |
| KuCoin 1000RATSUSDTMshort | +0.0870% | 4h | 0.00004232 | −0.047% | $640K | $84K | 30x | |
| BingX RATS-USDT | +0.1680% | 4h | 0.00004231 | −0.071% | — | $1.2M | — | as long as short |
| Aster 1000RATSUSDT | +0.1720% | 4h | 0.00004230 | −0.088% | $20K | $15K | 5x | as long as short |
| Bybit 1000RATSUSDT | +0.1806% | 4h | 0.00004229 | −0.118% | $4.3M | $947K | 20x | as long as short |
MEXC 1000RATS_USDT
KuCoin 1000RATSUSDTM
Gate RATS_USDT
Bitget 1000RATSUSDT
BloFin 1000RATS-USDT
edgeX 1000RATSUSDC
Binance 1000RATSUSDT
BingX RATS-USDT
Aster 1000RATSUSDT
Bybit 1000RATSUSDT