Settings8H · net · $10k
Funding arb · Price arb /

TAKE

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0276%/8h= +30.2% APRnext payment +$1.38 per $10,000 · paid last 24h +0.243%
Price spread now: KuCoin against MEXC+0.394%7-day average +0.265% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,617as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,715as in the Price arb table
costs, in and out, $10k−$1,72817.281% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.108%+$111 on $10k
Price spread, last 4 days (all we have)+0.626%+$63 · spread now +0.394%, 7d avg +0.265%
Together, before fees+1.735%+$173 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and KuCoin is 0.129% dearer against MEXC than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.265%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC TAKE_USDT0.058380.0100pay 0.0050% / 4h2h 13m$175K$99K50x
ShortKuCoin TAKEUSDTM0.058610.0376get 0.0188% / 4h2h 13m$423K$22K20x

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

Funding earned
$57.96
Price spread: +0.394% → +0.265%
$12.86
Slippage, 4 orders
−$1,712.11
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,657.29
Costs to cover
17.281%
Break-even
207.2 days
Slippage from MEXC: live order book, 7 min ago; KuCoin: live order book, 44 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 7 min ago1.72 bp47.0 bp −$4797.3 bp −$973220.6 bp −$22.1K503.2 bp −$251.6K
Sell KuCoin live order book, 44 min ago70.79 bp795.5 bp −$796doesn't fitdoesn't fitdoesn't fit

TAKE on 7 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TAKEUSDT+0.0100%4h0.05834−0.069%$3.9M$834K10xas long as short
Gate TAKE_USDT+0.0100%4h0.05808−0.514%$310K$39K20xas long as short
MEXC TAKE_USDTlong+0.0100%4h0.05838long leg$175K$99K50x
BingX TAKE-USDT+0.0100%4h0.05835−0.051%$2.3Mas long as short
BloFin TAKE-USDT+0.0142%4h0.05833−0.086%$251K$10K10xas long as short
Aster TAKEUSDT+0.0348%4h0.05823−0.259%$10K$10K5xas long as short
KuCoin TAKEUSDTMshort+0.0376%4h0.05861+0.394%$423K$22K20x