Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against KuCoin0.000%7-day average −0.041% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.046%−$5 on $10k
+Price spread, last 4 days (all we have)0.000%$0 · spread now 0.000%, 7d avg −0.041%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.041% dearer against KuCoin than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SPELLUSDTM | 0.00009020 | 0.0100 | pay 0.0100% / 8h | 4h 51m | $188K | $18K | 30x |
| Short | MEXC SPELL_USDT | 0.00009020 | 0.0100 | get 0.0100% / 8h | 4h 51m | $383K | $133K | 20x |
KuCoin SPELLUSDTM
MEXC SPELL_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
- $0
- Price spread: 0.000% → −0.041%
- $4.06
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$11.94
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 35 min ago; MEXC: live order book, 45 min ago. Net counts fees only.
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, 35 min ago | 27.76 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 45 min ago | 5.52 bp | 21.4 bp −$21 | 82.8 bp −$828 | 344.1 bp −$34.4K | 570.7 bp −$285.3K |
SPELL on 7 exchanges
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 SPELLUSDT | +0.0100% | 8h | 0.00009010 | −0.111% | $1.5M | $1.5M | 50x | as long as short |
| Gate SPELL_USDT | +0.0100% | 8h | 0.00009010 | −0.111% | $50K | $15K | 20x | as long as short |
| MEXC SPELL_USDTshort | +0.0100% | 8h | 0.00009020 | 0.000% | $383K | $133K | 20x | |
| KuCoin SPELLUSDTMlong | +0.0100% | 8h | 0.00009020 | long leg | $188K | $18K | 30x | |
| Bitget SPELLUSDT | +0.0100% | 8h | 0.00009010 | −0.111% | $589K | $30K | 25x | as long as short |
| Variational Omni SPELL | +0.0100% | 8h | 0.00009013 | −0.082% | $110 | $2K | — | as long as short |
| Kraken Futures PF_SPELLUSD | +0.1103% | 1h | 0.00009011 | −0.105% | $14K | $1K | 10x | as long as short |
Binance SPELLUSDT
Gate SPELL_USDT
Bitget SPELLUSDT
Variational Omni SPELL
Kraken Futures PF_SPELLUSD