SPK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0734%/8h= +80.4% APRnext payment +$3.67 per $10,000 · paid last 24h +0.137%

Price spread now: KuCoin against MEXC+0.507%7-day average +0.198% · you sell dearer than you buy

Net, funding: paid 7d − costs−$299as in the Funding arb table

Net, price: spread back to 7d avg − costs−$282as in the Price arb table

costs, in and out, $10k−$3123.125% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.137%+$14 on $10k

Price spread, last 4 days (all we have)−0.330%−$33 · spread now +0.507%, 7d avg +0.198%

Together, before fees−0.193%−$19 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and KuCoin is 0.309% dearer against MEXC than usual: you sell high and buy low: +$31 more if the spread goes back to its 7-day average of +0.198%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.137% in total (about 7.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.67 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SPK_USDT	0.02169	0.0100	pay 0.0050% / 4h	2h 51m	$2.1M	$638K	50x
Short	KuCoin SPKUSDTM	0.02180	0.0834	get 0.0417% / 4h	2h 51m	$1.1M	$473K	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 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 +0.507%Rate

Funding earned: $154.14
Price spread: +0.507% → +0.198%: $30.88
Slippage, 4 orders: −$296.47
Fee MEXC: 2 bp × 2 orders: −$4
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$127.45
Costs to cover: 3.125%
Break-even: 12.8 days

Slippage from MEXC: live order book, 1 min ago; KuCoin: live order book, 9 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, 1 min ago	2.31 bp	6.4 bp −$6	41.4 bp −$414	217.9 bp −$21.8K	475.5 bp −$237.8K
Sell KuCoin live order book, 9 min ago	18.43 bp	71.7 bp −$72	doesn't fit	doesn't fit	doesn't fit

SPK on 14 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 SPKUSDT	−0.0208%	4h	0.02169	+0.005%	$1.8M	$2.2M	25x	as long as short
Aster SPKUSDT	+0.0014%	4h	0.02170	+0.045%	$19K	$77K	5x	as long as short
BloFin SPK-USDT	+0.0098%	4h	0.02167	−0.092%	$187K	$26K	50x	as long as short
Binance SPKUSDT	+0.0100%	4h	0.02169	0.000%	$3.7M	$5.6M	50x	as long as short
OKX SPK-USDT-SWAP	+0.0100%	4h	0.02170	+0.046%	$761K	$2.0M	20x	as long as short
Gate SPK_USDT	+0.0100%	4h	0.02171	+0.092%	$150K	$133K	50x	as long as short
MEXC SPK_USDTlong	+0.0100%	4h	0.02169	long leg	$2.1M	$638K	50x
Bitget SPKUSDT	+0.0100%	4h	0.02169	0.000%	$1.2M	$1.4M	50x	as long as short
BingX SPK-USDT	+0.0100%	4h	0.02169	0.000%	—	$2.3M	—	as long as short
Variational Omni SPK	+0.0100%	4h	0.02163	−0.294%	$175K	$76K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SPK-USDT	+0.0100%	4h	0.02210	+1.890%	$745	$1.1M	20x	as long as short
Extended SPK-USD	+0.0104%	1h	0.02170	+0.065%	$489	$195K	5x	as long as short
KuCoin SPKUSDTMshort	+0.0834%	4h	0.02180	+0.507%	$1.1M	$473K	30x
Kraken Futures PF_SPKUSD	+0.0910%	1h	0.02179	+0.466%	$23K	$25K	10x	as long as short