Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against KuCoin−0.087%7-day average −0.103% · you buy dearer than you sell
Net, funding: paid 7d − costs−$862as in the Funding arb table
Net, price: spread back to 7d avg − costs−$859as in the Price arb table
costs, in and out, $10k−$8618.611% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 4 days (all we have)−0.141%−$14 · spread now −0.087%, 7d avg −0.103%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin USUALUSDTM | 0.01385 | 0.0100 | pay 0.0050% / 4h | 2h 01m | $272K | $56K | 20x |
| Short | MEXC USUAL_USDT | 0.01384 | 0.0100 | get 0.0050% / 4h | 2h 01m | $6.0M | $242K | 100x |
KuCoin USUALUSDTM
MEXC USUAL_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
- $0
- Price spread: −0.087% → −0.103%
- $1.64
- Slippage, 4 orders
- −$845.08
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$859.44
- Costs to cover
- 8.611%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 34 min ago; MEXC: live order book, 6 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, 34 min ago | 21.71 bp | 266.5 bp −$267 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 6 min ago | 2.53 bp | 8.7 bp −$9 | 146.4 bp −$1,464 | 919.5 bp −$91.9K | doesn't fit |
USUAL 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective USUAL/USDC PERP | −0.4129% | 1h | 0.01365 | −1.444% | $6K | $2K | 5.5x | as long as short |
| Kraken Futures PF_USUALUSD | −0.0645% | 1h | 0.01383 | −0.156% | $112K | $18K | 10x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01384 | −0.072% | $396K | $180K | 3x | as long as short |
| Binance USUALUSDT | +0.0100% | 4h | 0.01384 | −0.108% | $2.2M | $3.3M | 50x | as long as short |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01385 | −0.014% | $1.0M | $744K | 25x | as long as short |
| Gate USUAL_USDT | +0.0100% | 8h | 0.01385 | 0.000% | $936K | $180K | 50x | as long as short |
| MEXC USUAL_USDTshort | +0.0100% | 4h | 0.01384 | −0.087% | $6.0M | $242K | 100x | |
| KuCoin USUALUSDTMlong | +0.0100% | 4h | 0.01385 | long leg | $272K | $56K | 20x | |
| Bitget USUALUSDT | +0.0100% | 4h | 0.01385 | 0.000% | $828K | $374K | 50x | as long as short |
| BingX USUAL-USDT | +0.0100% | 4h | 0.01384 | −0.058% | — | $1.2M | — | as long as short |
Injective USUAL/USDC PERP
Kraken Futures PF_USUALUSD
Hyperliquid USUAL
Binance USUALUSDT
Bybit USUALUSDT
Gate USUAL_USDT
Bitget USUALUSDT
BingX USUAL-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni USUAL | +0.0100% | 4h | 0.01384 | −0.057% | $10K | $208 | — | as long as short |
Variational Omni USUAL