Funding you earn now, next payment 12:00 UTC−0.0252%/8h= −27.6% APRnext payment −$1.26 per $10,000 · paid last 24h −0.042%
Price spread now: KuCoin against MEXC−0.171%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$270as in the Funding arb table
Net, price: spread back to 7d avg − costs−$275as in the Price arb table
costs, in and out, $10k−$2642.637% of the position
Funding, last 7 days−0.059%−$6 on $10k
+Price spread, last 4 days (all we have)+0.059%+$6 · spread now −0.171%, 7d avg −0.056%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and KuCoin is 0.115% cheaper against MEXC than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.056%). Swap the legs.
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 −$1.26 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 | MEXC XEC_USDT | 0.000008765 | 0.0100 | pay 0.0050% / 4h | 3h 03m | $337K | $110K | 20x |
| Short | KuCoin XECUSDTM | 0.000008750 | −0.0152 | pay 0.0076% / 4h | 3h 03m | $191K | $139K | 20x |
MEXC XEC_USDT
KuCoin XECUSDTMFunding 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
- −$52.92
- Price spread: −0.171% → −0.056%
- −$11.51
- Slippage, 4 orders
- −$247.75
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$328.18
- Costs to cover
- 2.637%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; KuCoin: live order book, 17 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 | 1.71 bp | 15.8 bp −$16 | 167.6 bp −$1,676 | 298.9 bp −$29.9K | doesn't fit |
| Sell KuCoin live order book, 17 min ago | 17.17 bp | 146.7 bp −$147 | doesn't fit | doesn't fit | 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 XECUSDTMshort | −0.0152% | 4h | 0.000008750 | −0.171% | $191K | $139K | 20x | |
| Bybit 1000XECUSDT | −0.0006% | 8h | 0.000008746 | −0.217% | $647K | $964K | 20x | as long as short |
| Aster 1000XECUSDT | +0.0100% | 4h | 0.000008766 | +0.007% | $12K | $69K | 5x | as long as short |
| Binance 1000XECUSDT | +0.0100% | 4h | 0.000008764 | −0.013% | $1.7M | $8.6M | 75x | as long as short |
| MEXC XEC_USDTlong | +0.0100% | 4h | 0.000008765 | long leg | $337K | $110K | 20x | |
| Bitget 1000XECUSDT | +0.0100% | 4h | 0.000008770 | +0.057% | $1.2M | $792K | 50x | as long as short |
| Extended kXEC-USD | +0.0104% | 1h | 0.000008762 | −0.036% | $3K | — | 5x | as long as short |
Bybit 1000XECUSDT
Aster 1000XECUSDT
Binance 1000XECUSDT
Bitget 1000XECUSDT
Extended kXEC-USD