Funding you earn now, next payment 08:00 UTC−0.0834%/8h= −91.3% APRnext payment −$4.17 per $10,000 · paid last 24h −0.234%
Price spread now: KuCoin against MEXC+0.132%7-day average −0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$316as in the Funding arb table
Net, price: spread back to 7d avg − costs−$228as in the Price arb table
costs, in and out, $10k−$2492.489% of the position
Funding, last 7 days−0.669%−$67 on $10k
+Price spread, last 4 days (all we have)−0.224%−$22 · spread now +0.132%, 7d avg −0.078%
=The price spread pays, funding is against you. KuCoin is 0.210% dearer against MEXC than usual: you sell high and buy low (spread +0.132% now, against its 7-day average of −0.078%): +$21 on $10k if it goes back. Holding the pair costs −$25 a day in funding at the current rate, which eats that in about 20 hours. At the pace of the last 7 days (−0.669% in total) that is about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BTW_USDT | 0.8387 | 0.1066 | pay 0.0533% / 4h | 2h 25m | $9.5M | $6.5M | 20x |
| Short | KuCoin BTWUSDTM | 0.8398 | 0.0232 | get 0.0116% / 4h | 2h 25m | $7.5M | $4.9M | 10x |
MEXC BTW_USDT
KuCoin BTWUSDTMFunding 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
- −$175.14
- Price spread: +0.132% → −0.078%
- $21.02
- Slippage, 4 orders
- −$236.91
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$403.03
- Costs to cover
- 2.489%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; KuCoin: live order book, 3 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, 3 min ago | 2.95 bp | 5.8 bp −$6 | 37.8 bp −$378 | 259.0 bp −$25.9K | 808.6 bp −$404.3K |
| Sell KuCoin live order book, 3 min ago | 13.76 bp | 145.2 bp −$145 | doesn't fit | doesn't fit | doesn't fit |
BTW 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX BTW-USDT | +0.0100% | 4h | 0.8514 | +1.508% | $220K | $774K | 10x | as long as short |
| KuCoin BTWUSDTMshort | +0.0232% | 4h | 0.8398 | +0.132% | $7.5M | $4.9M | 10x | |
| Bybit BTWUSDT | +0.0633% | 4h | 0.8389 | +0.029% | $15.9M | $41.7M | 10x | as long as short |
| Bitget BTWUSDT | +0.0706% | 4h | 0.8404 | +0.204% | $26.4M | $15.2M | 5x | as long as short |
| Aster BTWUSDT | +0.0773% | 4h | 0.8387 | +0.006% | $2.3M | $3.2M | 5x | as long as short |
| BingX BTW-USDT | +0.1022% | 4h | 0.8385 | −0.024% | — | $4.3M | — | as long as short |
| Extended BTW-USD | +0.1056% | 1h | 0.8385 | −0.024% | $36K | $15K | 5x | as long as short |
| Binance BTWUSDT | +0.1058% | 4h | 0.8385 | −0.026% | $116.8M | $180.9M | 10x | as long as short |
| MEXC BTW_USDTlong | +0.1066% | 4h | 0.8387 | long leg | $9.5M | $6.5M | 20x | |
| edgeX BTWUSDC | +0.1070% | 4h | 0.8441 | +0.643% | $348K | $501K | 10x | as long as short |
HTX BTW-USDT
Bybit BTWUSDT
Bitget BTWUSDT
Aster BTWUSDT
BingX BTW-USDT
Extended BTW-USD
Binance BTWUSDT
edgeX BTWUSDCShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BTW_USDT | +0.1382% | 4h | 0.8379 | −0.091% | $3.5M | $17.9M | 10x | as long as short |
Gate BTW_USDT