EWZ

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.059%

Price spread now: MEXC against KuCoin+0.132%7-day average +0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$752as in the Funding arb table

Net, price: spread back to 7d avg − costs−$730as in the Price arb table

costs, in and out, $10k−$7417.410% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.108%−$11 on $10k

Price spread, last 4 days (all we have)−0.118%−$12 · spread now +0.132%, 7d avg +0.019%

Together, before fees−0.226%−$23 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.113% dearer against KuCoin than usual: you sell high and buy low (spread +0.132% now, against its 7-day average of +0.019%): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin EWZUSDTM	37.930	0.0100	pay 0.0100% / 8h	4h 09m	$21K	$718K	20x
Short	MEXC EWZ_USDT	37.980	0	get 0.0000% / 8h	4h 09m	$722K	$84K	50x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee MEXCbpOrdersPrice spread, now +0.132%Rate

Funding earned: −$21
Price spread: +0.132% → +0.019%: $11.26
Slippage, 4 orders: −$729.04
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$750.78
Costs to cover: 7.410%
Break-even: never at this rate

Slippage from KuCoin: live order book, 10 min ago; MEXC: live order book, 41 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, 10 min ago	1.32 bp	357.0 bp −$357	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 41 min ago	10.52 bp	25.1 bp −$25	109.1 bp −$1,091	215.9 bp −$21.6K	doesn't fit

EWZ on 13 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
tradeXYZ xyz:EWZ	−0.0492%	1h	38.017	+0.229%	$593K	$81K	20x	as long as short
Aster EWZUSDT	0.0000%	8h	37.998	+0.180%	$9K	$50	20x	as long as short
Binance EWZUSDT	0.0000%	8h	38.000	+0.185%	$295K	$229K	20x	as long as short
Bybit EWZUSDT	0.0000%	8h	37.980	+0.132%	$328K	$17K	25x	as long as short
OKX EWZ-USDT-SWAP	0.0000%	8h	38.060	+0.343%	$124K	$38K	20x	as long as short
Gate EWZ_USDT	0.0000%	8h	37.980	+0.132%	$61K	$7K	20x	as long as short
MEXC EWZ_USDTshort	0.0000%	8h	37.980	+0.132%	$722K	$84K	50x
Bitget EWZUSDT	0.0000%	8h	38.011	+0.214%	$80K	$17K	20x	as long as short
Variational Omni EWZ	0.0000%	8h	38.003	+0.192%	$49K	$6K	—	as long as short
SunX EWZ-USDT	0.0000%	8h	38.010	+0.211%	$1K	$484K	10x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX EWZ-USDT	0.0000%	8h	37.970	+0.105%	$5K	$6K	10x	as long as short
GRVT EWZ_USDT_Perp	+0.0022%	8h	38.014	+0.222%	$3	$142K	10x	as long as short
KuCoin EWZUSDTMlong	+0.0100%	8h	37.930	long leg	$21K	$718K	20x