Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against MEXC−0.110%7-day average +0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$887as in the Funding arb table
Net, price: spread back to 7d avg − costs−$907as in the Price arb table
costs, in and out, $10k−$8918.911% of the position
Funding, last 7 days+0.046%+$5 on $10k
+Price spread, last 4 days (all we have)+0.139%+$14 · spread now −0.110%, 7d avg +0.045%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.155% cheaper against MEXC than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.045%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SPELL_USDT | 0.00009120 | 0.0100 | pay 0.0100% / 8h | 2h 36m | $395K | $141K | 20x |
| Short | KuCoin SPELLUSDTM | 0.00009110 | 0.0100 | get 0.0100% / 8h | 2h 36m | $190K | $23K | 30x |
MEXC SPELL_USDT
KuCoin SPELLUSDTMFunding 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
- $0
- Price spread: −0.110% → +0.045%
- −$15.5
- Slippage, 4 orders
- −$875.15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$906.65
- Costs to cover
- 8.911%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 59 min ago; KuCoin: live order book, 19 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, 59 min ago | 5.45 bp | 12.3 bp −$12 | 159.3 bp −$1,593 | 361.2 bp −$36.1K | 550.2 bp −$275.1K |
| Sell KuCoin live order book, 19 min ago | 38.19 bp | 459.8 bp −$460 | doesn't fit | doesn't fit | doesn't fit |
SPELL on 7 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 SPELLUSDT | +0.0100% | 8h | 0.00009126 | +0.066% | $1.5M | $1.6M | 50x | as long as short |
| Gate SPELL_USDT | +0.0100% | 8h | 0.00009100 | −0.219% | $51K | $20K | 20x | as long as short |
| MEXC SPELL_USDTlong | +0.0100% | 8h | 0.00009120 | long leg | $395K | $141K | 20x | |
| KuCoin SPELLUSDTMshort | +0.0100% | 8h | 0.00009110 | −0.110% | $190K | $23K | 30x | |
| Bitget SPELLUSDT | +0.0100% | 8h | 0.00009110 | −0.110% | $605K | $36K | 25x | as long as short |
| Variational Omni SPELL | +0.0100% | 8h | 0.00009084 | −0.400% | $110 | $2K | — | as long as short |
| Kraken Futures PF_SPELLUSD | +0.0826% | 1h | 0.00009123 | +0.028% | $15K | $2K | 10x | as long as short |
Binance SPELLUSDT
Gate SPELL_USDT
Bitget SPELLUSDT
Variational Omni SPELL
Kraken Futures PF_SPELLUSD