Funding you earn now, next payment 04:00 UTC−0.0792%/8h= −86.7% APRnext payment −$3.96 per $10,000 · paid last 24h −0.074%
Price spread now: MEXC against KuCoin−0.309%7-day average −0.146% · you buy dearer than you sell
Net, funding: paid 7d − costs−$562as in the Funding arb table
Net, price: spread back to 7d avg − costs−$565as in the Price arb table
costs, in and out, $10k−$5495.487% of the position
Funding, last 7 days−0.130%−$13 on $10k
+Price spread, last 4 days (all we have)+0.260%+$26 · spread now −0.309%, 7d avg −0.146%
=Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and MEXC is 0.164% cheaper against KuCoin than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.146%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.130% in total (about -6.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.96 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 | KuCoin STOUSDTM | 0.04202 | 0.0892 | pay 0.0446% / 4h | 20m 06s | $998K | $17K | 25x |
| Short | MEXC STO_USDT | 0.04189 | 0.0100 | get 0.0050% / 4h | 20m 06s | $776K | $102K | 50x |
KuCoin STOUSDTM
MEXC STO_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
- −$166.32
- Price spread: −0.309% → −0.146%
- −$16.38
- Slippage, 4 orders
- −$536.66
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$731.36
- Costs to cover
- 5.487%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 19 min ago; MEXC: live order book, 30 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 KuCoin live order book, 19 min ago | 20.34 bp | 283.4 bp −$283 | 5891.5 bp −$58.9K | doesn't fit | doesn't fit |
| Sell MEXC live order book, 30 min ago | 1.20 bp | 16.8 bp −$17 | 70.9 bp −$709 | 256.6 bp −$25.7K | doesn't fit |
STO 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster STOUSDT | +0.0100% | 4h | 0.04189 | −0.303% | $26K | $1K | 5x | as long as short |
| Binance STOUSDT | +0.0100% | 4h | 0.04190 | −0.291% | $3.4M | $1.4M | 20x | as long as short |
| Gate STO_USDT | +0.0100% | 4h | 0.04185 | −0.405% | $252K | $116K | 25x | as long as short |
| MEXC STO_USDTshort | +0.0100% | 4h | 0.04189 | −0.309% | $776K | $102K | 50x | |
| Bitget STOUSDT | +0.0100% | 4h | 0.04194 | −0.190% | $322K | $27K | 10x | as long as short |
| Bybit STOUSDT | +0.0290% | 4h | 0.04198 | −0.095% | $719K | $267K | 13x | as long as short |
| BingX STO-USDT | +0.0320% | 4h | 0.04194 | −0.190% | — | $6.5M | — | as long as short |
| Variational Omni STO | +0.0370% | 4h | 0.04196 | −0.149% | $4K | $213 | — | as long as short |
| KuCoin STOUSDTMlong | +0.0892% | 4h | 0.04202 | long leg | $998K | $17K | 25x |
Aster STOUSDT
Binance STOUSDT
Gate STO_USDT
Bitget STOUSDT
Bybit STOUSDT
BingX STO-USDT
Variational Omni STO