Funding you earn now, next payment 12:00 UTC+0.0198%/8h= +21.7% APRnext payment +$0.99 per $10,000 · paid last 24h −0.017%
Price spread now: MEXC against KuCoin+0.360%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$203as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1661.662% of the position
Funding, last 7 days−0.363%−$36 on $10k
+Price spread, last 7 days−0.384%−$38 · spread now +0.360%, 7d avg +0.048%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and MEXC is 0.312% dearer against KuCoin than usual: you sell high and buy low: +$31 more if the spread goes back to its 7-day average of +0.048%. Mind the row above: over the last 7 days funding on this pair cost −0.363%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin 4USDTM | 0.01945 | 0.0428 | pay 0.0214% / 4h | 44m 34s | $840K | $11.9M | 20x |
| Short | MEXC 4_USDT | 0.01952 | 0.0626 | get 0.0313% / 4h | 44m 34s | $1.7M | $988K | 100x |
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
- $41.58
- Price spread: +0.360% → +0.048%
- $31.19
- Slippage, 4 orders
- −$150.23
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$93.46
- Costs to cover
- 1.662%
- Break-even
- 22.7 days
Slippage from KuCoin: live order book, 2 min ago; MEXC: live order book, 5 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, 2 min ago | 7.71 bp | 53.3 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 2.57 bp | 17.6 bp −$18 | 109.7 bp −$1,097 | 262.1 bp −$26.2K | doesn't fit |
4 on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit 4USDT | +0.0100% | 4h | 0.01947 | +0.129% | $2.6M | $2.0M | 5x | as long as short |
| Variational Omni 4 | +0.0100% | 4h | 0.01941 | −0.231% | $47K | $11K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.01948 | +0.154% | $2K | $1.6M | 20x | as long as short |
| Gate 4_USDT | +0.0360% | 4h | 0.01951 | +0.288% | $531K | $309K | 20x | as long as short |
| KuCoin 4USDTMlong | +0.0428% | 4h | 0.01945 | long leg | $840K | $11.9M | 20x | |
| Aster 4USDT | +0.0582% | 4h | 0.01948 | +0.146% | $235K | $126K | 5x | as long as short |
| BingX 4-USDT | +0.0607% | 4h | 0.01954 | +0.473% | — | $1.4M | — | as long as short |
| Binance 4USDT | +0.0625% | 4h | 0.01953 | +0.388% | $7.7M | $14.1M | 20x | as long as short |
| MEXC 4_USDTshort | +0.0626% | 4h | 0.01952 | +0.360% | $1.7M | $988K | 100x |
KuCoin 4USDTM
MEXC 4_USDT
Bybit 4USDT
Variational Omni 4
SunX 4-USDT
Gate 4_USDT
Aster 4USDT
BingX 4-USDT
Binance 4USDT