Funding you earn now, next payment 04:00 UTC+0.0798%/8h= +87.4% APRnext payment +$3.99 per $10,000 · paid last 24h +0.074%
Price spread now: KuCoin against MEXC+0.310%7-day average +0.146% · you sell dearer than you buy
Net, funding: paid 7d − costs−$536as in the Funding arb table
Net, price: spread back to 7d avg − costs−$532as 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)−0.261%−$26 · spread now +0.310%, 7d avg +0.146%
=Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and KuCoin is 0.165% dearer against MEXC than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.146%.
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 +$3.99 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 STO_USDT | 0.04189 | 0.0100 | pay 0.0050% / 4h | 18m 58s | $776K | $102K | 50x |
| Short | KuCoin STOUSDTM | 0.04202 | 0.0898 | get 0.0449% / 4h | 18m 58s | $998K | $17K | 25x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $167.58
- Price spread: +0.310% → +0.146%
- $16.48
- Slippage, 4 orders
- −$536.66
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$364.6
- Costs to cover
- 5.487%
- Break-even
- 22.2 days
Slippage from MEXC: live order book, 31 min ago; KuCoin: live order book, 21 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, 31 min ago | 1.20 bp | 9.4 bp −$9 | 73.0 bp −$730 | 259.0 bp −$25.9K | doesn't fit |
| Sell KuCoin live order book, 21 min ago | 20.34 bp | 239.0 bp −$239 | doesn't fit | doesn't fit | 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 | 0.04190 | +0.013% | $26K | $1K | 5x | as long as short |
| Binance STOUSDT | +0.0100% | 4h | 0.04188 | −0.024% | $3.4M | $1.4M | 20x | as long as short |
| Gate STO_USDT | +0.0100% | 4h | 0.04185 | −0.095% | $252K | $116K | 25x | as long as short |
| MEXC STO_USDTlong | +0.0100% | 4h | 0.04189 | long leg | $776K | $102K | 50x | |
| Bitget STOUSDT | +0.0100% | 4h | 0.04193 | +0.095% | $322K | $27K | 10x | as long as short |
| Bybit STOUSDT | +0.0277% | 4h | 0.04197 | +0.191% | $718K | $267K | 13x | as long as short |
| BingX STO-USDT | +0.0320% | 4h | 0.04189 | 0.000% | — | $6.5M | — | as long as short |
| Variational Omni STO | +0.0370% | 4h | 0.04196 | +0.161% | $4K | $213 | — | as long as short |
| KuCoin STOUSDTMshort | +0.0898% | 4h | 0.04202 | +0.310% | $998K | $17K | 25x |
MEXC STO_USDT
KuCoin STOUSDTM
Aster STOUSDT
Binance STOUSDT
Gate STO_USDT
Bitget STOUSDT
Bybit STOUSDT
BingX STO-USDT
Variational Omni STO