Funding you earn now, next payment 00:00 UTC−0.0350%/8h= −38.3% APRnext payment −$1.75 per $10,000 · paid last 24h −0.131%
Price spread now: KuCoin against MEXC−0.196%7-day average −0.110% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,125as in the Price arb table
costs, in and out, $10k−$1,11611.165% of the position
Funding, last 7 days−0.352%−$35 on $10k
+Price spread, last 7 days+0.138%+$14 · spread now −0.196%, 7d avg −0.110%
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and KuCoin is 0.086% cheaper against MEXC than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.110%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC US_USDT | 0.01629 | 0.0116 | pay 0.0058% / 4h | 1h 29m | $5.5M | $115K | 100x |
| Short | KuCoin USUSDTM | 0.01626 | −0.0234 | pay 0.0117% / 4h | 1h 29m | $4.1M | $277K | 20x |
MEXC US_USDT
KuCoin USUSDTMFunding 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
- −$73.5
- Price spread: −0.196% → −0.110%
- −$8.62
- Slippage, 4 orders
- −$1,100.46
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,198.58
- Costs to cover
- 11.165%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; KuCoin: 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 MEXC live order book, 3 min ago | 0.31 bp | 19.1 bp −$19 | 69.0 bp −$690 | 498.9 bp −$49.9K | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 11.38 bp | 470.0 bp −$470 | doesn't fit | doesn't fit | doesn't fit |
US on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin USUSDTMshort | −0.0234% | 4h | 0.01626 | −0.196% | $4.1M | $277K | 20x | |
| BloFin US-USDT | +0.0079% | 4h | 0.01630 | +0.068% | $477K | $48K | 10x | as long as short |
| Aster USUSDT | +0.0100% | 4h | 0.01630 | +0.033% | $12K | $55K | 5x | as long as short |
| Bybit USUSDT | +0.0100% | 4h | 0.01631 | +0.104% | $3.2M | $854K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01628 | −0.104% | $2.0M | $550K | 20x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01631 | +0.092% | $16K | $3K | — | as long as short |
| Binance USUSDT | +0.0110% | 4h | 0.01629 | +0.008% | $9.1M | $3.1M | 10x | as long as short |
| Extended US-USD | +0.0112% | 1h | 0.01628 | −0.050% | $4K | $141K | 5x | as long as short |
| MEXC US_USDTlong | +0.0116% | 4h | 0.01629 | long leg | $5.5M | $115K | 100x | |
| BingX US-USDT | +0.0422% | 4h | 0.01631 | +0.092% | — | $1.3M | — | as long as short |
BloFin US-USDT
Aster USUSDT
Bybit USUSDT
Gate US_USDT
Variational Omni US
Binance USUSDT
Extended US-USD
BingX US-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget USUSDT | +0.0430% | 4h | 0.01631 | +0.086% | $4.3M | $249K | 10x | as long as short |
Bitget USUSDT