Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 120.22 | −0.3300 | get 0.1650% / 4h | 3h 42m | $24K | $705K | 20x | Long KuCoin | |
| SHORT | 120.23 | −0.4392 | pay 0.2196% / 4h | 3h 42m | $34K | $120K | 20x | Short MEXC |
Price gap+0.008%
Funding gap−0.1092% /8h
Funding costs $33 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$16−0.1092% /8h now · paid +0.159% over the last 7D
Price−$1spread +0.008% now, avg +0.021% → −0.012% if it goes back
Costs−$1,10811.081% of $10k · taker + slippage, in and out
Result−$1,093−10.93%no points
The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.159% in total, about +0.0076%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.008%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hHANMI on 12 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size406.7 / 123.5 bpAt $10k entering KuCoin costs 406.7 bp, fee and slippage, 3.3× MEXC’s.
- Note: Margin at max leverage$500 + $500KuCoin 20x, MEXC 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$32.76Long KuCoin: 6 payments, +$99.00; short MEXC: 6 payments, −$131.76.
- Note: Gap at its usual level+0.008% vs +0.021%The price leg adds little either way.
- Watch: Long leg is thinner$24K vs $34K OIKuCoin sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCKuCoin Yes · MEXC YesStandard KYC (ID and face check) for any product since Aug 2023.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0076%/8h × 21 periods+$15.91
Price spread+0.008% → +0.021% (7d avg)−$1.24
Slippage, 4 orderslive order books−$1,092.12
Fee KuCoin bp × 2 orders−$12.00
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k−$1,093.45
Costs to cover11.081%Break-even488.1 days
Slippage: KuCoin: live order book, 24 min ago; MEXC: live order book, 24 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGKuCoin38.19406.7 bp−$407doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTMEXC23.46123.5 bp−$124271.2 bp−$2,712doesn’t fitdoesn’t fit
Closing costs about the same again.

