Funding you earn now, next payment 16:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.46 per $10,000 · paid last 24h +0.022%
Price spread now: KuCoin against MEXC+0.007%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$442as in the Funding arb table
Net, price: spread back to 7d avg − costs−$462as in the Price arb table
costs, in and out, $10k−$4614.609% of the position
Funding, last 7 days+0.184%+$18 on $10k
+Price spread, last 4 days (all we have)+0.051%+$5 · spread now +0.007%, 7d avg +0.013%
=The price spread sits at its 7-day average of +0.013%, 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 | MEXC IWM_USDT | 287.25 | 0.0054 | pay 0.0054% / 8h | 5h 45m | $888K | $83K | 50x |
| Short | KuCoin IWMUSDTM | 287.27 | 0.0100 | get 0.0100% / 8h | 5h 45m | $138K | $1.1M | 20x |
Funding 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
- $9.66
- Price spread: +0.007% → +0.013%
- −$0.63
- Slippage, 4 orders
- −$448.93
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$451.9
- Costs to cover
- 4.609%
- Break-even
- 334.5 days
Slippage from MEXC: live order book, 61 min ago; KuCoin: live order book, 2 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, 61 min ago | 1.40 bp | 4.7 bp −$5 | 149.3 bp −$1,493 | 218.0 bp −$21.8K | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 10.62 bp | 261.1 bp −$261 | doesn't fit | doesn't fit | doesn't fit |
IWM on 17 exchanges
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 | −0.0006% | 1h | 286.95 | −0.104% | $528K | $378K | 20x | as long as short |
| Aster IWMUSDT | 0.0000% | 8h | 287.20 | −0.016% | $2K | $221 | 20x | as long as short |
| Bybit IWMUSDT | 0.0000% | 8h | 287.11 | −0.049% | $569K | $76K | 25x | as long as short |
| OKX IWM-USDT-SWAP | 0.0000% | 8h | 287.09 | −0.056% | $402K | $214K | 20x | as long as short |
| Gate IWM_USDT | 0.0000% | 8h | 287.08 | −0.059% | $604K | $158K | 20x | as long as short |
| Bitget IWMUSDT | 0.0000% | 8h | 287.30 | +0.017% | $446K | $18K | 20x | as long as short |
| Variational Omni IWM | 0.0000% | 8h | 287.36 | +0.039% | $171K | $216K | — | as long as short |
| SunX IWM-USDT | 0.0000% | 8h | 287.36 | +0.038% | $957 | $465K | 10x | as long as short |
| HTX IWM-USDT | 0.0000% | 8h | 287.75 | +0.174% | $532 | $38K | 20x | as long as short |
| Phemex IWMUSDT | 0.0000% | 8h | 287.38 | +0.045% | $772K | $88K | 10x | as long as short |
Show all 17 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter IWM | +0.0032% | 1h | 287.36 | +0.038% | $75K | $3K | 10x | as long as short |
| Vest IWM-USD-PERP | +0.0046% | 1h | 287.03 | −0.077% | — | $1K | 25x | as long as short |
| Binance IWMUSDT | +0.0054% | 8h | 287.32 | +0.024% | $1.1M | $1.3M | 20x | as long as short |
| MEXC IWM_USDTlong | +0.0054% | 8h | 287.25 | long leg | $888K | $83K | 50x | |
| BloFin IWM-USDT | +0.0061% | 8h | 287.39 | +0.049% | $19K | $36K | 20x | as long as short |
| KuCoin IWMUSDTMshort | +0.0100% | 8h | 287.27 | +0.007% | $138K | $1.1M | 20x | |
| GRVT IWM_USDT_Perp | +0.0108% | 8h | 287.37 | +0.042% | $638 | $106K | 10x | as long as short |
MEXC IWM_USDT
KuCoin IWMUSDTM
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
Binance IWMUSDT
BloFin IWM-USDT
GRVT IWM_USDT_Perp