Funding you earn now, next payment 12:00 UTC+0.0324%/8h= +35.5% APRnext payment +$1.62 per $10,000 · paid last 24h +0.042%
Price spread now: MEXC against KuCoin+0.161%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$282as in the Funding arb table
Net, price: spread back to 7d avg − costs−$277as in the Price arb table
costs, in and out, $10k−$2872.875% of the position
Funding, last 7 days+0.059%+$6 on $10k
+Price spread, last 4 days (all we have)−0.048%−$5 · spread now +0.161%, 7d avg +0.056%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and MEXC is 0.105% dearer against KuCoin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.056%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.059% in total (about 3.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.62 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 XECUSDTM | 0.000008720 | −0.0224 | get 0.0112% / 4h | 3h 49m | $188K | $137K | 20x |
| Short | MEXC XEC_USDT | 0.000008734 | 0.0100 | get 0.0050% / 4h | 3h 49m | $336K | $107K | 20x |
KuCoin XECUSDTM
MEXC XEC_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
- $68.04
- Price spread: +0.161% → +0.056%
- $10.46
- Slippage, 4 orders
- −$271.48
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$208.98
- Costs to cover
- 2.875%
- Break-even
- 28.5 days
Slippage from KuCoin: live order book, 41 min ago; MEXC: live order book, 21 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, 41 min ago | 11.60 bp | 105.3 bp −$105 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 21 min ago | 1.15 bp | 11.9 bp −$12 | 141.2 bp −$1,412 | 297.2 bp −$29.7K | doesn't fit |
XEC on 7 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 XECUSDTMlong | −0.0224% | 4h | 0.000008720 | long leg | $188K | $137K | 20x | |
| Aster 1000XECUSDT | +0.0091% | 4h | 0.000008736 | +0.185% | $12K | $69K | 5x | as long as short |
| Binance 1000XECUSDT | +0.0100% | 4h | 0.000008732 | +0.135% | $1.7M | $8.6M | 75x | as long as short |
| Bybit 1000XECUSDT | +0.0100% | 8h | 0.000008725 | +0.057% | $651K | $957K | 20x | as long as short |
| MEXC XEC_USDTshort | +0.0100% | 4h | 0.000008734 | +0.161% | $336K | $107K | 20x | |
| Bitget 1000XECUSDT | +0.0100% | 4h | 0.000008744 | +0.275% | $1.2M | $794K | 50x | as long as short |
| Extended kXEC-USD | +0.0104% | 1h | 0.000008729 | +0.108% | $3K | — | 5x | as long as short |
Aster 1000XECUSDT
Binance 1000XECUSDT
Bybit 1000XECUSDT
Bitget 1000XECUSDT
Extended kXEC-USD