SIREN

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0276%/8h= +30.2% APRnext payment +$1.38 per $10,000 · paid last 24h +0.042%

Price spread now: KuCoin against MEXC+0.082%7-day average +0.169% · you sell dearer than you buy

Net, funding: paid 7d − costs−$532as in the Funding arb table

Net, price: spread back to 7d avg − costs−$585as in the Price arb table

costs, in and out, $10k−$5765.764% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.443%+$44 on $10k

Price spread, last 4 days (all we have)+0.025%+$2 · spread now +0.082%, 7d avg +0.169%

Together, before fees+0.468%+$47 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.086% cheaper against MEXC than usual: you would sell low and buy high (spread +0.082% now, against its 7-day average of +0.169%). If the spread goes back, that is −$9 on $10k: about 25 hours of funding at the current rate (+$8 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SIREN_USDT	0.02431	0.0996	pay 0.0498% / 4h	3h 46m	$692K	$128K	100x
Short	KuCoin SIRENUSDTM	0.02433	0.1272	get 0.0636% / 4h	3h 46m	$997K	$423K	10x

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

Position, each leg$Hold fordaysFee MEXCbpFee KuCoinbpOrdersPrice spread, now +0.082%Rate

Funding earned: $57.96
Price spread: +0.082% → +0.169%: −$8.64
Slippage, 4 orders: −$564.38
Fee MEXC: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$527.06
Costs to cover: 5.764%
Break-even: 70.7 days

Slippage from MEXC: live order book, 63 min ago; KuCoin: 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 MEXC live order book, 63 min ago	2.08 bp	14.2 bp −$14	84.7 bp −$847	825.2 bp −$82.5K	doesn't fit
Sell KuCoin live order book, 3 min ago	10.29 bp	401.9 bp −$402	doesn't fit	doesn't fit	doesn't fit

SIREN on 9 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 SIRENUSDT	−0.7831%	4h	0.02454	+0.946%	$1.9M	$2.6M	5x	as long as short
SunX SIREN-USDT	+0.0100%	4h	0.02433	+0.082%	$2K	$1.1M	20x	as long as short
Bitget SIRENUSDT	+0.0786%	4h	0.02446	+0.617%	$2.8M	$1.4M	10x	as long as short
Aster SIRENUSDT	+0.0966%	4h	0.02428	−0.139%	$214K	$81K	5x	as long as short
Binance SIRENUSDT	+0.0980%	4h	0.02431	+0.015%	$8.4M	$3.5M	10x	as long as short
MEXC SIREN_USDTlong	+0.0996%	4h	0.02431	long leg	$692K	$128K	100x
BingX SIREN-USDT	+0.0998%	4h	0.02435	+0.165%	—	$2.3M	—	as long as short
Gate SIREN_USDT	+0.1134%	4h	0.02426	−0.206%	$569K	$203K	10x	as long as short
KuCoin SIRENUSDTMshort	+0.1272%	4h	0.02433	+0.082%	$997K	$423K	10x