Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.028%
Price spread now: MEXC against KuCoin+0.060%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$300as in the Funding arb table
Net, price: spread back to 7d avg − costs−$274as in the Price arb table
costs, in and out, $10k−$2802.803% of the position
Funding, last 7 days−0.196%−$20 on $10k
+Price spread, last 4 days (all we have)−0.080%−$8 · spread now +0.060%, 7d avg −0.002%
=The price spread pays, funding is against you. MEXC is 0.062% dearer against KuCoin than usual: you sell high and buy low (spread +0.060% now, against its 7-day average of −0.002%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin INTWUSDTM | 33.170 | 0.0100 | pay 0.0100% / 8h | 4h 12m | $61K | $104K | 20x |
| Short | MEXC INTW_USDT | 33.190 | 0 | get 0.0000% / 8h | 4h 12m | $1.3M | $412K | 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: +0.060% → −0.002%
- $6.2
- Slippage, 4 orders
- −$268.32
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$295.12
- Costs to cover
- 2.803%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 61 min ago; MEXC: live order book, 4 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, 61 min ago | 19.55 bp | 110.4 bp −$110 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.51 bp | 1.5 bp −$2 | 7.9 bp −$79 | 175.8 bp −$17.6K | doesn't fit |
INTW on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget INTWUSDT | −0.0129% | 8h | 33.168 | −0.006% | $384K | $1.6M | 20x | as long as short |
| Binance INTWUSDT | 0.0000% | 8h | 33.203 | +0.098% | $3.1M | $33.9M | 25x | as long as short |
| Bybit INTWUSDT | 0.0000% | 8h | 33.180 | +0.030% | $787K | $1.1M | 25x | as long as short |
| OKX INTW-USDT-SWAP | 0.0000% | 8h | 33.210 | +0.121% | $335K | $2.4M | 25x | as long as short |
| Gate INTW_USDT | 0.0000% | 8h | 33.190 | +0.060% | $527K | $2.1M | 25x | as long as short |
| MEXC INTW_USDTshort | 0.0000% | 8h | 33.190 | +0.060% | $1.3M | $412K | 50x | |
| HTX INTW-USDT | 0.0000% | 8h | 33.200 | +0.090% | $10K | $8K | 10x | as long as short |
| KuCoin INTWUSDTMlong | +0.0100% | 8h | 33.170 | long leg | $61K | $104K | 20x |
KuCoin INTWUSDTM
MEXC INTW_USDT
Bitget INTWUSDT
Binance INTWUSDT
Bybit INTWUSDT
OKX INTW-USDT-SWAP
Gate INTW_USDT
HTX INTW-USDT