Funding you earn now, next payment 08:00 UTC+0.1270%/8h= +139.1% APRnext payment +$6.35 per $10,000 · paid last 24h +0.125%
Price spread now: MEXC against KuCoin−0.079%7-day average +0.226% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.647%+$65 on $10k
+Price spread, last 4 days (all we have)+0.290%+$29 · spread now −0.079%, 7d avg +0.226%
=Funding pays, the price is against you. MEXC is 0.305% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.079% now, against its 7-day average of +0.226%). If the spread goes back, that is −$31 on $10k: about 19 hours of funding at the current rate (+$38 a day). At the pace of the last 7 days (+0.647% in total) that is about 3.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.647% in total (about 33.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.35 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 XNYUSDTM | 0.006337 | 0.0100 | pay 0.0050% / 4h | 3h 48m | $290K | $13K | 10x |
| Short | MEXC XNY_USDT | 0.006332 | 0.1370 | get 0.0685% / 4h | 3h 48m | $171K | $93K | 100x |
KuCoin XNYUSDTM
MEXC XNY_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
- $266.7
- Price spread: −0.079% → +0.226%
- −$30.51
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $220.19
- Costs to cover
- 0.160%
- Break-even
- 1.2 days
Slippage unknown: KuCoin: live order book, 23 min ago; MEXC: live order book, 42 min ago. Net counts fees only.
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, 23 min ago | 50.12 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 42 min ago | 0.80 bp | 32.0 bp −$32 | 64.9 bp −$649 | 171.3 bp −$17.1K | doesn't fit |
XNY 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 XNYUSDT | +0.0100% | 4h | 0.006334 | −0.047% | $442K | $31K | 5x | as long as short |
| Gate XNY_USDT | +0.0100% | 4h | 0.006365 | +0.442% | $212K | $15K | 10x | as long as short |
| KuCoin XNYUSDTMlong | +0.0100% | 4h | 0.006337 | long leg | $290K | $13K | 10x | |
| Variational Omni XNY | +0.0100% | 4h | 0.006344 | +0.117% | $53K | $1K | — | as long as short |
| Aster XNYUSDT | +0.1252% | 4h | 0.006339 | +0.028% | $5K | $3K | 5x | as long as short |
| BingX XNY-USDT | +0.1306% | 4h | 0.006334 | −0.047% | — | $1.2M | — | as long as short |
| BloFin XNY-USDT | +0.1345% | 4h | 0.006337 | 0.000% | $225K | $6K | 10x | as long as short |
| MEXC XNY_USDTshort | +0.1370% | 4h | 0.006332 | −0.079% | $171K | $93K | 100x | |
| Binance XNYUSDT | +0.1371% | 4h | 0.006333 | −0.058% | $3.7M | $986K | 10x | as long as short |
Bybit XNYUSDT
Gate XNY_USDT
Variational Omni XNY
Aster XNYUSDT
BingX XNY-USDT
BloFin XNY-USDT
Binance XNYUSDT