Funding you earn now, next payment 08:00 UTC+0.0087%/8h= +9.5% APRnext payment +$0.87 per $10,000 · paid last 24h +0.059%
Price spread now: KuCoin against MEXC−0.053%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$475as in the Funding arb table
Net, price: spread back to 7d avg − costs−$489as in the Price arb table
costs, in and out, $10k−$4864.857% of the position
Funding, last 7 days+0.108%+$11 on $10k
+Price spread, last 4 days (all we have)−0.028%−$3 · spread now −0.053%, 7d avg −0.019%
=Funding pays, the price is against you. KuCoin is 0.034% cheaper against MEXC than usual: you would sell low and buy high (spread −0.053% now, against its 7-day average of −0.019%). If the spread goes back, that is −$3 on $10k: about 31 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC EWZ_USDT | 38.020 | 0.0013 | pay 0.0013% / 8h | 5h 00m | $723K | $85K | 50x |
| Short | KuCoin EWZUSDTM | 38.000 | 0.0100 | get 0.0100% / 8h | 5h 00m | $20K | $740K | 20x |
MEXC EWZ_USDT
KuCoin EWZUSDTMFunding 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
- $18.27
- Price spread: −0.053% → −0.019%
- −$3.38
- Slippage, 4 orders
- −$473.74
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$470.85
- Costs to cover
- 4.857%
- Break-even
- 187.4 days
Slippage from MEXC: live order book, 55 min ago; KuCoin: live order book, 24 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, 55 min ago | 19.65 bp | 28.6 bp −$29 | 55.5 bp −$555 | 215.5 bp −$21.6K | doesn't fit |
| Sell KuCoin live order book, 24 min ago | 2.63 bp | 217.4 bp −$217 | doesn't fit | doesn't fit | 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 | −0.0430% | 1h | 38.045 | +0.066% | $593K | $84K | 20x | as long as short |
| Aster EWZUSDT | 0.0000% | 8h | 38.013 | −0.019% | $9K | $50 | 20x | as long as short |
| Bybit EWZUSDT | 0.0000% | 8h | 38.020 | 0.000% | $331K | $18K | 25x | as long as short |
| OKX EWZ-USDT-SWAP | 0.0000% | 8h | 38.000 | −0.053% | $124K | $40K | 20x | as long as short |
| Gate EWZ_USDT | 0.0000% | 8h | 37.980 | −0.105% | $61K | $7K | 20x | as long as short |
| Bitget EWZUSDT | 0.0000% | 8h | 38.042 | +0.058% | $81K | $16K | 20x | as long as short |
| Variational Omni EWZ | 0.0000% | 8h | 38.023 | +0.007% | $49K | $6K | — | as long as short |
| SunX EWZ-USDT | 0.0000% | 8h | 38.030 | +0.026% | $1K | $506K | 10x | as long as short |
| HTX EWZ-USDT | 0.0000% | 8h | 37.900 | −0.316% | $5K | $6K | 10x | as long as short |
| Binance EWZUSDT | +0.0012% | 8h | 38.026 | +0.016% | $295K | $237K | 20x | as long as short |
tradeXYZ xyz:EWZ
Aster EWZUSDT
Bybit EWZUSDT
OKX EWZ-USDT-SWAP
Gate EWZ_USDT
Bitget EWZUSDT
Variational Omni EWZ
SunX EWZ-USDT
HTX EWZ-USDT
Binance EWZUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC EWZ_USDTlong | +0.0013% | 8h | 38.020 | long leg | $723K | $85K | 50x | |
| KuCoin EWZUSDTMshort | +0.0100% | 8h | 38.000 | −0.053% | $20K | $740K | 20x | |
| GRVT EWZ_USDT_Perp | +0.0214% | 8h | 38.040 | +0.053% | $35 | $151K | 10x | as long as short |
GRVT EWZ_USDT_Perp