Funding you earn now, next payment 08:00 UTC+0.0095%/8h= +10.4% APRnext payment +$0.95 per $10,000 · paid last 24h −0.056%
Price spread now: KuCoin against MEXC−0.044%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$330.328% of the position
Funding, last 7 days−0.050%−$5 on $10k
+Price spread, last 7 days+0.032%+$3 · spread now −0.044%, 7d avg −0.033%
=The price spread sits at its 7-day average of −0.033%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.050%, 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 USDC_USDT | 0.9995 | −0.0144 | get 0.0144% / 8h | 7h 56m | $19.4M | $584K | 200x |
| Short | KuCoin USDCUSDTM | 0.9990 | −0.0049 | pay 0.0049% / 8h | 7h 56m | $2.5M | $19K | 30x |
MEXC USDC_USDT
KuCoin USDCUSDTMFunding 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
- $19.95
- Price spread: −0.044% → −0.033%
- −$1.08
- Slippage, 4 orders
- −$12.85
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$13.98
- Costs to cover
- 0.328%
- Break-even
- 11.9 days
Slippage from MEXC: live order book, 2 min ago; KuCoin: live order book, 10 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, 2 min ago | 0.05 bp | 4.1 bp −$4 | 4.1 bp −$41 | 4.1 bp −$413 | 4.6 bp −$2,319 |
| Sell KuCoin live order book, 10 min ago | 4.50 bp | 14.2 bp −$14 | 387.9 bp −$3,879 | doesn't fit | doesn't fit |
USDC on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance USDCUSDT | −0.0145% | 8h | 0.9995 | 0.000% | $4.4M | $3.8M | 50x | as long as short |
| MEXC USDC_USDTlong | −0.0144% | 8h | 0.9995 | long leg | $19.4M | $584K | 200x | |
| Bitget USDCUSDT | −0.0143% | 8h | 0.9994 | −0.009% | $4.3M | $17K | 50x | as long as short |
| KuCoin USDCUSDTMshort | −0.0049% | 8h | 0.9990 | −0.044% | $2.5M | $19K | 30x | |
| Kraken Futures PF_USDCUSD | −0.0021% | 1h | 0.9997 | +0.026% | $14K | $930 | 50x | as long as short |
| Bybit USDCUSDT | 0.0000% | 8h | 1.0001 | +0.061% | $9.5M | $349K | 50x | as long as short |
| OKX USDC-USDT-SWAP | 0.0000% | 8h | 1.0000 | +0.049% | $1.1M | $42K | 50x | as long as short |
| Gate USDC_USDT | +0.0084% | 8h | 0.9991 | −0.039% | $253K | $35K | 50x | as long as short |
Binance USDCUSDT
Bitget USDCUSDT
Kraken Futures PF_USDCUSD
Bybit USDCUSDT
OKX USDC-USDT-SWAP
Gate USDC_USDT