Funding you earn now, next payment 04:00 UTC−0.0280%/8h= −30.7% APRnext payment −$1.40 per $10,000 · paid last 24h −0.039%
Price spread now: KuCoin against MEXC−0.048%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,855as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,844as in the Price arb table
costs, in and out, $10k−$1,84618.461% of the position
Funding, last 7 days−0.089%−$9 on $10k
+Price spread, last 4 days (all we have)−0.008%−$1 · spread now −0.048%, 7d avg −0.073%
=The price spread pays, funding is against you. KuCoin is 0.025% dearer against MEXC than usual: you sell high and buy low (spread −0.048% now, against its 7-day average of −0.073%): +$2 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.089% in total) that is about 47 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.089% in total (about -4.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.40 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 THE_USDT | 0.08251 | 0.0380 | pay 0.0190% / 4h | 22m 14s | $194K | $144K | 50x |
| Short | KuCoin THEUSDTM | 0.08247 | 0.0100 | get 0.0050% / 4h | 22m 14s | $115K | $108K | 10x |
MEXC THE_USDT
KuCoin THEUSDTMFunding 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
- −$58.8
- Price spread: −0.048% → −0.073%
- $2.48
- Slippage, 4 orders
- −$1,830.09
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,902.41
- Costs to cover
- 18.461%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 8 min ago; KuCoin: live order book, 52 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, 8 min ago | 2.42 bp | 15.6 bp −$16 | 66.6 bp −$666 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 52 min ago | 11.93 bp | 989.2 bp −$989 | doesn't fit | doesn't fit | doesn't fit |
THE 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 THE_USDT | +0.0100% | 4h | 0.08260 | +0.109% | $66K | $77K | 10x | as long as short |
| KuCoin THEUSDTMshort | +0.0100% | 4h | 0.08247 | −0.048% | $115K | $108K | 10x | |
| Bitget THEUSDT | +0.0100% | 4h | 0.08259 | +0.097% | $444K | $374K | 10x | as long as short |
| Aster THEUSDT | +0.0371% | 4h | 0.08256 | +0.056% | $5K | $12K | 5x | as long as short |
| MEXC THE_USDTlong | +0.0380% | 4h | 0.08251 | long leg | $194K | $144K | 50x | |
| Binance THEUSDT | +0.0380% | 4h | 0.08253 | +0.026% | $2.2M | $4.8M | 10x | as long as short |
| BloFin THE-USDT | +0.0419% | 4h | 0.08254 | +0.036% | $142K | $5K | 50x | as long as short |
| Bybit THEUSDT | +0.0739% | 4h | 0.08247 | −0.048% | $552K | $450K | 20x | as long as short |
| BingX THE-USDT | +0.0742% | 4h | 0.08260 | +0.109% | — | $6.5M | — | as long as short |
Gate THE_USDT
Bitget THEUSDT
Aster THEUSDT
Binance THEUSDT
BloFin THE-USDT
Bybit THEUSDT
BingX THE-USDT