Funding arb · Price arb /

ALT

all ALT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against MEXC+0.185%7-day average +0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$707as in the Funding arb table

Net, price: spread back to 7d avg − costs−$691as in the Price arb table

costs, in and out, $10k−$7077.073% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.003%$0 on $10k

Price spread, last 4 days (all we have)−0.185%−$18 · spread now +0.185%, 7d avg +0.025%

Together, before fees−0.182%−$18 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.160% dearer against MEXC than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ALT_USDT	0.007579	0.0100	pay 0.0050% / 4h	2h 44m	$381K	$171K	50x
Short	KuCoin ALTUSDTM	0.007593	0.0100	get 0.0050% / 4h	2h 44m	$145K	$22K	30x

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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee KuCoinbpOrdersPrice spread, now +0.185%Rate

Funding earned: $0
Price spread: +0.185% → +0.025%: $15.95
Slippage, 4 orders: −$691.27
Fee MEXC: 2 bp × 2 orders: −$4
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$691.31
Costs to cover: 7.073%
Break-even: never at this rate

Slippage from MEXC: live order book, 51 min ago; KuCoin: live order book, 11 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, 51 min ago	2.63 bp	4.8 bp −$5	45.7 bp −$457	255.1 bp −$25.5K	440.9 bp −$220.5K
Sell KuCoin live order book, 11 min ago	7.88 bp	229.2 bp −$229	doesn't fit	doesn't fit	doesn't fit

ALT on 14 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
Kraken Futures PF_ALTUSD	−0.0471%	1h	0.007581	+0.022%	$44K	$8K	10x	as long as short
Deribit ALT_USDC-PERPETUAL	−0.0409%	1h	0.007582	+0.040%	—	$0	25x	as long as short
Injective ALT/USDC PERP	+0.0033%	1h	0.007691	+1.478%	$837	$4K	5.5x	as long as short
Variational Omni ALT	+0.0075%	4h	0.007581	+0.029%	$4K	$16K	—	as long as short
BloFin ALT-USDT	+0.0080%	4h	0.007596	+0.224%	$173K	$9K	50x	as long as short
Hyperliquid ALT	+0.0100%	1h	0.007573	−0.079%	$1.1M	$138K	3x	as long as short
Binance ALTUSDT	+0.0100%	4h	0.007580	+0.013%	$2.6M	$3.5M	50x	as long as short
Bybit ALTUSDT	+0.0100%	4h	0.007573	−0.079%	$1.2M	$1.8M	25x	as long as short
Gate ALT_USDT	+0.0100%	8h	0.007576	−0.040%	$49K	$373K	25x	as long as short
MEXC ALT_USDTlong	+0.0100%	4h	0.007579	long leg	$381K	$171K	50x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ALTUSDTMshort	+0.0100%	4h	0.007593	+0.185%	$145K	$22K	30x
Bitget ALTUSDT	+0.0100%	4h	0.007575	−0.053%	$611K	$128K	50x	as long as short
BingX ALT-USDT	+0.0100%	4h	0.007577	−0.026%	—	$1.3M	—	as long as short
Coinbase International ALT-PERP-INTX	+0.0408%	1h	0.007691	+1.478%	$14K	$3K	50x	as long as short