Funding you earn now, next payment 08:00 UTC−0.0024%/8h= −2.6% APRnext payment −$0.24 per $10,000 · paid last 24h −0.030%
Price spread now: MEXC against KuCoin−0.017%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$529as in the Funding arb table
Net, price: spread back to 7d avg − costs−$510as in the Price arb table
costs, in and out, $10k−$5105.099% of the position
Funding, last 7 days−0.193%−$19 on $10k
+Price spread, last 4 days (all we have)−0.010%−$1 · spread now −0.017%, 7d avg −0.014%
=The price spread sits at its 7-day average of −0.014%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin IWMUSDTM | 285.81 | 0.0100 | pay 0.0100% / 8h | 57m 40s | $141K | $855K | 20x |
| Short | MEXC IWM_USDT | 285.76 | 0.0076 | get 0.0076% / 8h | 57m 40s | $883K | $83K | 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
- −$5.04
- Price spread: −0.017% → −0.014%
- −$0.33
- Slippage, 4 orders
- −$497.86
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$515.23
- Costs to cover
- 5.099%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 27 min ago; MEXC: live order book, 38 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, 27 min ago | 2.45 bp | 235.8 bp −$236 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 38 min ago | 0.17 bp | 1.8 bp −$2 | 113.2 bp −$1,132 | 210.0 bp −$21.0K | doesn't fit |
IWM on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Markets by Kinetiq mkts:SMALL2000 | −0.0139% | 1h | 285.42 | −0.136% | $566K | $358K | 20x | as long as short |
| Aster IWMUSDT | 0.0000% | 8h | 285.78 | −0.009% | $2K | $221 | 20x | as long as short |
| Bybit IWMUSDT | 0.0000% | 8h | 285.58 | −0.080% | $557K | $60K | 25x | as long as short |
| OKX IWM-USDT-SWAP | 0.0000% | 8h | 285.32 | −0.171% | $437K | $160K | 20x | as long as short |
| Gate IWM_USDT | 0.0000% | 8h | 285.74 | −0.024% | $608K | $157K | 20x | as long as short |
| Bitget IWMUSDT | 0.0000% | 8h | 285.73 | −0.028% | $442K | $15K | 20x | as long as short |
| Variational Omni IWM | 0.0000% | 8h | 285.78 | −0.011% | $160K | $207K | — | as long as short |
| SunX IWM-USDT | 0.0000% | 8h | 285.47 | −0.119% | $1K | $453K | 10x | as long as short |
| HTX IWM-USDT | 0.0000% | 8h | 285.83 | +0.007% | $474 | $37K | 20x | as long as short |
| Phemex IWMUSDT | 0.0000% | 8h | 285.81 | 0.000% | $766K | $81K | 10x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter IWM | +0.0032% | 1h | 286.32 | +0.178% | $75K | $19K | 10x | as long as short |
| Vest IWM-USD-PERP | +0.0046% | 1h | 285.58 | −0.080% | — | — | 25x | as long as short |
| BloFin IWM-USDT | +0.0057% | 8h | 285.83 | +0.007% | $67K | $33K | 20x | as long as short |
| MEXC IWM_USDTshort | +0.0076% | 8h | 285.76 | −0.017% | $883K | $83K | 50x | |
| Binance IWMUSDT | +0.0076% | 8h | 285.79 | −0.007% | $1.1M | $1.2M | 20x | as long as short |
| KuCoin IWMUSDTMlong | +0.0100% | 8h | 285.81 | long leg | $141K | $855K | 20x | |
| GRVT IWM_USDT_Perp | +0.0547% | 8h | 285.80 | −0.003% | $1K | $104K | 10x | as long as short |
KuCoin IWMUSDTM
MEXC IWM_USDT
Aster IWMUSDT
Bybit IWMUSDT
OKX IWM-USDT-SWAP
Gate IWM_USDT
Bitget IWMUSDT
Variational Omni IWM
SunX IWM-USDT
HTX IWM-USDT
Phemex IWMUSDT
Lighter IWM
BloFin IWM-USDT
Binance IWMUSDT
GRVT IWM_USDT_Perp