Funding you earn now, next payment 08:00 UTC+0.0382%/8h= +41.8% APRnext payment +$1.91 per $10,000 · paid last 24h −0.029%
Price spread now: KuCoin against MEXC+0.036%7-day average −0.286% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,504as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,442as in the Price arb table
costs, in and out, $10k−$1,47414.740% of the position
Funding, last 7 days−0.302%−$30 on $10k
+Price spread, last 4 days (all we have)−0.456%−$46 · spread now +0.036%, 7d avg −0.286%
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and KuCoin is 0.322% dearer against MEXC than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of −0.286%. Mind the row above: over the last 7 days funding on this pair cost −0.302%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SWARMS_USDT | 0.008269 | 0.0872 | pay 0.0436% / 4h | 2h 11m | $154K | $99K | 100x |
| Short | KuCoin SWARMSUSDTM | 0.008272 | 0.1254 | get 0.0627% / 4h | 2h 11m | $776K | $119K | 20x |
MEXC SWARMS_USDT
KuCoin SWARMSUSDTMFunding 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
- $80.22
- Price spread: +0.036% → −0.286%
- $32.18
- Slippage, 4 orders
- −$1,458.04
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,361.64
- Costs to cover
- 14.740%
- Break-even
- 125.8 days
Slippage from MEXC: live order book, 9 min ago; KuCoin: live order book, 63 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, 9 min ago | 2.41 bp | 38.7 bp −$39 | 89.9 bp −$899 | 249.7 bp −$25.0K | 547.3 bp −$273.6K |
| Sell KuCoin live order book, 63 min ago | 16.30 bp | 770.1 bp −$770 | doesn't fit | doesn't fit | doesn't fit |
SWARMS 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate SWARMS_USDT | +0.0100% | 4h | 0.008240 | −0.351% | $947K | $109K | 10x | as long as short |
| BingX SWARMS-USDT | +0.0830% | 4h | 0.008267 | −0.024% | — | $6.5M | — | as long as short |
| MEXC SWARMS_USDTlong | +0.0872% | 4h | 0.008269 | long leg | $154K | $99K | 100x | |
| Binance SWARMSUSDT | +0.0894% | 4h | 0.008273 | +0.048% | $3.6M | $3.4M | 20x | as long as short |
| Extended SWARMS-USD | +0.0896% | 1h | 0.008270 | +0.010% | $10K | $213K | 5x | as long as short |
| BloFin SWARMS-USDT | +0.0912% | 4h | 0.008277 | +0.097% | $229K | $8K | 20x | as long as short |
| KuCoin SWARMSUSDTMshort | +0.1254% | 4h | 0.008272 | +0.036% | $776K | $119K | 20x | |
| Aster SWARMSUSDT | +0.1384% | 4h | 0.008248 | −0.251% | $31K | $101K | 5x | as long as short |
| Kraken Futures PF_SWARMSUSD | +1.3124% | 1h | 0.008306 | +0.444% | $9K | $134 | 10x | as long as short |
Gate SWARMS_USDT
BingX SWARMS-USDT
Binance SWARMSUSDT
Extended SWARMS-USD
BloFin SWARMS-USDT
Aster SWARMSUSDT
Kraken Futures PF_SWARMSUSD