Funding arb · Price arb /

SPACE

all SPACE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.044%

Price spread now: KuCoin against MEXC+0.019%7-day average −0.119% · you sell dearer than you buy

Net, funding: paid 7d − costs−$848as in the Funding arb table

Net, price: spread back to 7d avg − costs−$851as in the Price arb table

costs, in and out, $10k−$8658.652% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.172%+$17 on $10k

Price spread, last 4 days (all we have)−0.205%−$20 · spread now +0.019%, 7d avg −0.119%

Together, before fees−0.033%−$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.138% dearer against MEXC than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.119%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SPACE_USDT	0.005210	0.0100	pay 0.0050% / 4h	3h 02m	$440K	$159K	20x
Short	KuCoin SPACEUSDTM	0.005211	0.0100	get 0.0050% / 4h	3h 02m	$663K	$98K	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 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 +0.019%Rate

Funding earned: $0
Price spread: +0.019% → −0.119%: $13.79
Slippage, 4 orders: −$849.2
Fee MEXC: 2 bp × 2 orders: −$4
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$851.42
Costs to cover: 8.652%
Break-even: never at this rate

Slippage from MEXC: live order book, 33 min ago; KuCoin: live order book, 71 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, 33 min ago	0.97 bp	10.7 bp −$11	74.2 bp −$742	328.5 bp −$32.9K	doesn't fit
Sell KuCoin live order book, 71 min ago	16.41 bp	230.3 bp −$230	doesn't fit	doesn't fit	doesn't fit

SPACE 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
Binance SPACEUSDT	+0.0100%	4h	0.005204	−0.115%	$1.9M	$2.2M	50x	as long as short
Bybit SPACEUSDT	+0.0100%	4h	0.005196	−0.269%	$808K	$189K	13x	as long as short
OKX SPACE-USDT-SWAP	+0.0100%	4h	0.005198	−0.230%	$1.6M	$1.2M	20x	as long as short
Gate SPACE_USDT	+0.0100%	4h	0.005207	−0.058%	$781K	$350K	20x	as long as short
MEXC SPACE_USDTlong	+0.0100%	4h	0.005210	long leg	$440K	$159K	20x
KuCoin SPACEUSDTMshort	+0.0100%	4h	0.005211	+0.019%	$663K	$98K	20x
BloFin SPACE-USDT	+0.0119%	4h	0.005221	+0.211%	$162K	$10K	50x	as long as short
Bitget SPACEUSDT	+0.0144%	4h	0.005210	0.000%	$914K	$260K	20x	as long as short
Aster SPACEUSDT	+0.0829%	4h	0.005201	−0.176%	$17K	$32K	5x	as long as short