Funding you earn now, next payment 08:00 UTC−0.0024%/8h= −2.6% APRnext payment −$0.12 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against MEXC+0.284%7-day average +0.104% · you sell dearer than you buy
Net, funding: paid 7d − costs−$393as in the Funding arb table
Net, price: spread back to 7d avg − costs−$359as in the Price arb table
costs, in and out, $10k−$3773.774% of the position
Funding, last 7 days−0.155%−$16 on $10k
+Price spread, last 7 days−0.271%−$27 · spread now +0.284%, 7d avg +0.104%
=The price spread pays, funding is against you. KuCoin is 0.180% dearer against MEXC than usual: you sell high and buy low (spread +0.284% now, against its 7-day average of +0.104%): +$18 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 25 days. At the pace of the last 7 days (−0.155% in total) that is about 8.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CP_USDT | 0.01406 | 0.0124 | pay 0.0062% / 4h | 9m 29s | $1.5M | $400K | 20x |
| Short | KuCoin CPUSDTM | 0.01410 | 0.0100 | get 0.0050% / 4h | 9m 29s | $206K | $928K | 20x |
MEXC CP_USDT
KuCoin CPUSDTMFunding 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
- −$5.04
- Price spread: +0.284% → +0.104%
- $18.02
- Slippage, 4 orders
- −$361.43
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$364.45
- Costs to cover
- 3.774%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; KuCoin: live order book, 15 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 | 3.56 bp | 13.4 bp −$13 | 57.8 bp −$578 | 372.7 bp −$37.3K | doesn't fit |
| Sell KuCoin live order book, 15 min ago | 7.09 bp | 193.9 bp −$194 | doesn't fit | doesn't fit | doesn't fit |
CP on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX CP-USDT | +0.0070% | 4h | 0.01408 | +0.142% | — | $1.0M | — | as long as short |
| Gate CP_USDT | +0.0100% | 4h | 0.01406 | 0.000% | $588K | $549K | 20x | as long as short |
| KuCoin CPUSDTMshort | +0.0100% | 4h | 0.01410 | +0.284% | $206K | $928K | 20x | |
| Bitget CPUSDT | +0.0100% | 4h | 0.01407 | +0.092% | $805K | $1.7M | 20x | as long as short |
| MEXC CP_USDTlong | +0.0124% | 4h | 0.01406 | long leg | $1.5M | $400K | 20x | |
| OKX CP-USDT-SWAP | +0.0126% | 4h | 0.01407 | +0.071% | $3.9M | $11.8M | 20x | as long as short |
| BloFin CP-USDT | +0.0144% | 4h | 0.01402 | −0.284% | $429 | $43K | 20x | as long as short |
| Bybit CPUSDT | +0.1153% | 4h | 0.01408 | +0.142% | $1.7M | $3.2M | 20x | as long as short |
BingX CP-USDT
Gate CP_USDT
Bitget CPUSDT
OKX CP-USDT-SWAP
BloFin CP-USDT
Bybit CPUSDT