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

CP

all CP markets
SwapBacktest
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: MEXC against KuCoin−0.070%7-day average −0.103% · you buy dearer than you sell
Net, funding: paid 7d − costs−$356as in the Funding arb table
Net, price: spread back to 7d avg − costs−$369as in the Price arb table
costs, in and out, $10k−$3723.718% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.155%+$16 on $10k
Price spread, last 7 days+0.109%+$11 · spread now −0.070%, 7d avg −0.103%
Together, before fees+0.264%+$26 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: MEXC is 0.033% dearer against KuCoin than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.103%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CPUSDTM0.014300.0100pay 0.0050% / 4h2h 44m$202K$893K20x
ShortMEXC CP_USDT0.014290.0100get 0.0050% / 4h2h 44m$1.6M$387K20x

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

Profit calculator

Funding earned
$0
Price spread: −0.070% → −0.103%
$3.27
Slippage, 4 orders
−$355.81
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$368.54
Costs to cover
3.718%
Break-even
never at this rate
Slippage from KuCoin: live order book, 60 min ago; MEXC: live order book, 1 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 KuCoin live order book, 60 min ago10.64 bp183.8 bp −$184doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago3.50 bp11.0 bp −$1162.8 bp −$628392.0 bp −$39.2Kdoesn't fit

CP on 8 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
BingX CP-USDT+0.0070%4h0.01432+0.140%$1.1Mas long as short
OKX CP-USDT-SWAP+0.0100%4h0.01432+0.140%$4.0M$11.9M20xas long as short
Gate CP_USDT+0.0100%4h0.01429−0.070%$615K$512K20xas long as short
MEXC CP_USDTshort+0.0100%4h0.01429−0.070%$1.6M$387K20x
KuCoin CPUSDTMlong+0.0100%4h0.01430long leg$202K$893K20x
Bitget CPUSDT+0.0100%4h0.01433+0.217%$813K$1.7M20xas long as short
BloFin CP-USDT+0.0132%4h0.01427−0.210%$430$42K20xas long as short
Bybit CPUSDT+0.1552%4h0.01435+0.350%$1.6M$3.0M20xas long as short