Settings8H · net · $10k
Funding arb · Price arb /

B2

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0522%/8h= +57.2% APRnext payment +$2.61 per $10,000 · paid last 24h +0.051%
Price spread now: KuCoin against MEXC0.000%7-day average −0.158% · you sell dearer than you buy
Net, funding: paid 7d − costs−$205as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1711.709% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.336%−$34 on $10k
Price spread, last 4 days (all we have)−0.385%−$38 · spread now 0.000%, 7d avg −0.158%
Together, before fees−0.721%−$72 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and KuCoin is 0.158% dearer against MEXC than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.158%. Mind the row above: over the last 7 days funding on this pair cost −0.336%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.336% in total (about -17.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.61 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC B2_USDT0.50830.0146pay 0.0073% / 4h2h 47m$548K$361K100x
ShortKuCoin B2USDTM0.50830.0668get 0.0334% / 4h2h 47m$1.0M$306K50x

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

Funding earned
$109.62
Price spread: 0.000% → −0.158%
$15.81
Slippage, 4 orders
−$150.94
Fee MEXC: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$45.52
Costs to cover
1.709%
Break-even
9.9 days
Slippage from MEXC: live order book, 58 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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 58 min ago2.00 bp19.6 bp −$2095.5 bp −$955252.0 bp −$25.2K608.7 bp −$304.3K
Sell KuCoin live order book, 2 min ago11.82 bp37.5 bp −$38doesn't fitdoesn't fitdoesn't fit

B2 on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit B2USDT+0.0100%4h0.5080−0.059%$1.6M$2.1M20xas long as short
Binance B2USDT+0.0146%4h0.50830.000%$8.3M$10.0M50xas long as short
MEXC B2_USDTlong+0.0146%4h0.5083long leg$548K$361K100x
Bitget B2USDT+0.0168%4h0.5079−0.079%$2.8M$879K50xas long as short
BingX B2-USDT+0.0176%4h0.5089+0.118%$1.4Mas long as short
Aster B2USDT+0.0476%4h0.5076−0.140%$159K$171K5xas long as short
Variational Omni B2+0.0523%4h0.5061−0.440%$14K$2Kas long as short
KuCoin B2USDTMshort+0.0668%4h0.50830.000%$1.0M$306K50x
Gate B2_USDT+0.1116%4h0.5082−0.020%$922K$401K20xas long as short