Funding you earn now, next payment 11:00 UTC+0.0250%/8h= +27.4% APRnext payment +$1.25 per $10,000 · paid last 24h +0.092%
Price spread now: MEXC against KuCoin0.000%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,357as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,368as in the Price arb table
costs, in and out, $10k−$1,37013.703% of the position
Funding, last 7 days+0.137%+$14 on $10k
+Price spread, last 4 days (all we have)0.000%$0 · spread now 0.000%, 7d avg −0.020%
=The price spread sits at its 7-day average of −0.020%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.137% in total (about 7.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.25 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 TRUSTUSDTM | 0.06174 | 0.0100 | pay 0.0050% / 4h | 2h 01m | $294K | $778K | 10x |
| Short | MEXC TRUST_USDT | 0.06174 | 0.0350 | get 0.0175% / 4h | 3h 01m | $212K | $104K | 50x |
KuCoin TRUSTUSDTM
MEXC TRUST_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
- $52.5
- Price spread: 0.000% → −0.020%
- $1.95
- Slippage, 4 orders
- −$1,354.32
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$1,315.87
- Costs to cover
- 13.703%
- Break-even
- 182.4 days
Slippage from KuCoin: live order book, 53 min ago; MEXC: live order book, 4 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, 53 min ago | 25.29 bp | 732.8 bp −$733 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 4.05 bp | 43.9 bp −$44 | 181.6 bp −$1,816 | doesn't fit | doesn't fit |
TRUST on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX TRUST-USDT-SWAP | +0.0100% | 4h | 0.06191 | +0.275% | $105K | $309K | 10x | as long as short |
| Gate TRUST_USDT | +0.0100% | 8h | 0.06196 | +0.356% | $507K | $27K | 10x | as long as short |
| KuCoin TRUSTUSDTMlong | +0.0100% | 4h | 0.06174 | long leg | $294K | $778K | 10x | |
| Bitget TRUSTUSDT | +0.0100% | 4h | 0.06190 | +0.259% | $671K | $68K | 10x | as long as short |
| MEXC TRUST_USDTshort | +0.0350% | 4h | 0.06174 | 0.000% | $212K | $104K | 50x | |
| Binance TRUSTUSDT | +0.0359% | 4h | 0.06175 | +0.014% | $1.7M | $2.0M | 10x | as long as short |
| Aster TRUSTUSDT | +0.0373% | 4h | 0.06160 | −0.227% | $10K | $6K | 5x | as long as short |
| Bybit TRUSTUSDT | +0.2326% | 4h | 0.06165 | −0.146% | $537K | $449K | 25x | as long as short |
| BingX TRUST-USDT | +0.2428% | 4h | 0.06177 | +0.049% | — | $6.5M | — | as long as short |
| Variational Omni TRUST | +0.3839% | 4h | 0.06156 | −0.284% | $56K | $589 | — | as long as short |
OKX TRUST-USDT-SWAP
Gate TRUST_USDT
Bitget TRUSTUSDT
Binance TRUSTUSDT
Aster TRUSTUSDT
Bybit TRUSTUSDT
BingX TRUST-USDT
Variational Omni TRUST