Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.01284+0.0100pay 0.0050% / 4h7m 35s$156K$12K20xLong KuCoin
SHORT0.01286+0.1658get 0.0829% / 4h7m 35s$165K$111K20xShort MEXC
Price gap+0.156%
Funding gap+0.1558% /8h

Both sides work: funding pays +$47 a day on $10k, and the gap is 0.484% above its 7d average: +$48 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$45+0.1558% /8h now · paid +0.453% over the last 7D
Price+$48spread +0.156% now, avg −0.328% → +0.484% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs+$94+0.94%no pointscosts unknown: book too thin at $10k ·

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.453% in total, about +0.0216%/8h on average.

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.156%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

SPORTFUN on 5 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Problem: Doesn’t fit the books—
    $10k a leg is deeper than KuCoin’s order book right now.
  • Note: Margin at max leverage$500 + $500
    KuCoin 20x, MEXC 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval4h / 4h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$46.74Long KuCoin: 6 payments, −$3.00; short MEXC: 6 payments, +$49.74.
  • OK: Entry gap works for you+0.156% vs −0.328%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$156K vs $165K OI
    KuCoin sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCKuCoin Yes · MEXC Yes
    Standard KYC (ID and face check) for any product since Aug 2023.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0216%/8h × 21 periods+$45.28
Price spread+0.156% → −0.328% (7d avg)+$48.37
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee KuCoin bp × 2 orders−$12.00
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k—
doesn’t fit the books at $10k
Costs to cover—Break-even—
Slippage: KuCoin: live order book, 12 min ago; MEXC: live order book, 13 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGKuCoin172.82doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTMEXC3.9043.2 bp−$43170.5 bp−$1,705895.1 bp−$89.5Kdoesn’t fit

Closing costs about the same again.

Alert

SPORTFUN news

posts that mention SPORTFUN, from every exchange
10-21 14:22BybitListingSPORTFUNUSDT no longer reported ($SPORTFUN) seen by our collector