Funding you earn now, next payment 08:00 UTC−0.0508%/8h= −55.6% APRnext payment −$2.54 per $10,000 · paid last 24h −0.129%
Price spread now: KuCoin against MEXC−0.120%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$983as in the Funding arb table
Net, price: spread back to 7d avg − costs−$944as in the Price arb table
costs, in and out, $10k−$9359.353% of the position
Funding, last 7 days−0.475%−$48 on $10k
+Price spread, last 7 days+0.073%+$7 · spread now −0.120%, 7d avg −0.035%
=Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and KuCoin is 0.085% cheaper against MEXC than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.035%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XAN_USDT | 0.01247 | 0.0608 | pay 0.0304% / 4h | 3h 49m | $9.0M | $109K | 50x |
| Short | KuCoin XANUSDTM | 0.01245 | 0.0100 | get 0.0050% / 4h | 3h 49m | $617K | $1.8M | 50x |
Funding 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
- −$106.68
- Price spread: −0.120% → −0.035%
- −$8.51
- Slippage, 4 orders
- −$919.26
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,050.45
- Costs to cover
- 9.353%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; KuCoin: live order book, 2 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 | 3.61 bp | 25.0 bp −$25 | 58.7 bp −$587 | 330.6 bp −$33.1K | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 9.23 bp | 468.6 bp −$469 | doesn't fit | doesn't fit | doesn't fit |
XAN 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit XANUSDT | +0.0100% | 4h | 0.01245 | −0.144% | $1.0M | $211K | 13x | as long as short |
| Gate XAN_USDT | +0.0100% | 4h | 0.01247 | −0.032% | $248K | $28K | 20x | as long as short |
| KuCoin XANUSDTMshort | +0.0100% | 4h | 0.01245 | −0.120% | $617K | $1.8M | 50x | |
| Bitget XANUSDT | +0.0100% | 4h | 0.01247 | −0.032% | $417K | $125K | 50x | as long as short |
| Variational Omni XAN | +0.0100% | 4h | 0.01244 | −0.202% | $7K | $2K | — | as long as short |
| BingX XAN-USDT | +0.0580% | 4h | 0.01246 | −0.064% | — | $1.3M | — | as long as short |
| MEXC XAN_USDTlong | +0.0608% | 4h | 0.01247 | long leg | $9.0M | $109K | 50x | |
| Binance XANUSDT | +0.0609% | 4h | 0.01246 | −0.040% | $2.1M | $1.4M | 50x | as long as short |
| Aster XANUSDT | +0.0826% | 4h | 0.01246 | −0.067% | $45K | $8K | 5x | as long as short |
MEXC XAN_USDT
KuCoin XANUSDTM
Bybit XANUSDT
Gate XAN_USDT
Bitget XANUSDT
Variational Omni XAN
BingX XAN-USDT
Binance XANUSDT
Aster XANUSDT