Funding you earn now, next payment 08:00 UTC+0.0150%/8h= +16.4% APRnext payment +$1.50 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against MEXC0.000%7-day average +0.121% · you sell dearer than you buy
Net, funding: paid 7d − costs−$540as in the Funding arb table
Net, price: spread back to 7d avg − costs−$553as in the Price arb table
costs, in and out, $10k−$5415.411% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 7 days+0.097%+$10 · spread now 0.000%, 7d avg +0.121%
=Funding pays, the price is against you. KuCoin is 0.121% cheaper against MEXC than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.121%). If the spread goes back, that is −$12 on $10k: about 2.7 days of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.009% in total) that is about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BICO_USDT | 0.02242 | 0.0100 | pay 0.0100% / 8h | 3h 14m | $1.8M | $1.1M | 50x |
| Short | KuCoin BICOUSDTM | 0.02242 | 0.0250 | get 0.0250% / 8h | 3h 14m | $1.0M | $1.4M | 20x |
MEXC BICO_USDT
KuCoin BICOUSDTMFunding 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
- $31.5
- Price spread: 0.000% → +0.121%
- −$12.11
- Slippage, 4 orders
- −$529.09
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$521.71
- Costs to cover
- 5.411%
- Break-even
- 122.9 days
Slippage from MEXC: live order book, 2 min ago; KuCoin: live order book, 6 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, 2 min ago | 4.46 bp | 7.5 bp −$7 | 38.9 bp −$389 | 173.8 bp −$17.4K | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 4.46 bp | 284.5 bp −$285 | doesn't fit | doesn't fit | doesn't fit |
BICO on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BICOUSDT | +0.0100% | 8h | 0.02243 | +0.045% | $92K | $22K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02240 | −0.075% | $4.0M | $8.4M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02242 | 0.000% | $1.8M | $5.1M | 20x | as long as short |
| Gate BICO_USDT | +0.0100% | 8h | 0.02241 | −0.045% | $369K | $338K | 20x | as long as short |
| MEXC BICO_USDTlong | +0.0100% | 8h | 0.02242 | long leg | $1.8M | $1.1M | 50x | |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02241 | −0.045% | $648K | $522K | 10x | as long as short |
| Bybit BICOUSDT | +0.0101% | 8h | 0.02242 | +0.013% | $2.3M | $3.8M | 20x | as long as short |
| BingX BICO-USDT | +0.0101% | 8h | 0.02240 | −0.089% | — | $1.7M | — | as long as short |
| Variational Omni BICO | +0.0130% | 8h | 0.02243 | +0.047% | $14K | $8K | — | as long as short |
| KuCoin BICOUSDTMshort | +0.0250% | 8h | 0.02242 | 0.000% | $1.0M | $1.4M | 20x |
Aster BICOUSDT
Binance BICOUSDT
OKX BICO-USDT-SWAP
Gate BICO_USDT
Bitget BICOUSDT
Bybit BICOUSDT
BingX BICO-USDT
Variational Omni BICOShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSD | +0.3873% | 1h | 0.02264 | +0.973% | $35K | $59K | 20x | as long as short |
Kraken Futures PF_BICOUSD