Funding you earn now, next payment 04:00 UTC−0.0244%/8h= −26.7% APRnext payment −$1.22 per $10,000 · paid last 24h −0.014%
Price spread now: MEXC against KuCoin−0.219%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$234as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1171.173% of the position
Funding, last 7 days−1.164%−$116 on $10k
+Price spread, last 4 days (all we have)+0.237%+$24 · spread now −0.219%, 7d avg −0.063%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and MEXC is 0.156% cheaper against KuCoin than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.063%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CVCUSDTM | 0.02740 | 0.0344 | pay 0.0172% / 4h | 36m 26s | $1.4M | $410K | 30x |
| Short | MEXC CVC_USDT | 0.02734 | 0.0100 | get 0.0050% / 4h | 36m 26s | $652K | $133K | 20x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$51.24
- Price spread: −0.219% → −0.063%
- −$15.57
- Slippage, 4 orders
- −$101.31
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$184.12
- Costs to cover
- 1.173%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; MEXC: live order book, 14 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 KuCoin live order book, 4 min ago | 3.64 bp | 63.4 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 14 min ago | 1.82 bp | 8.6 bp −$9 | 24.5 bp −$245 | 195.4 bp −$19.5K | doesn't fit |
CVC 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance CVCUSDT | +0.0100% | 4h | 0.02734 | −0.217% | $2.9M | $5.7M | 50x | as long as short |
| Bybit CVCUSDT | +0.0100% | 1h | 0.02726 | −0.511% | $1.7M | $1.6M | 25x | as long as short |
| Gate CVC_USDT | +0.0100% | 4h | 0.02734 | −0.219% | $217K | $311K | 25x | as long as short |
| MEXC CVC_USDTshort | +0.0100% | 4h | 0.02734 | −0.219% | $652K | $133K | 20x | |
| Bitget CVCUSDT | +0.0100% | 4h | 0.02735 | −0.182% | $460K | $482K | 50x | as long as short |
| BingX CVC-USDT | +0.0100% | 4h | 0.02731 | −0.328% | — | $2.4M | — | as long as short |
| Variational Omni CVC | +0.0100% | 1h | 0.02730 | −0.365% | $1K | $370 | — | as long as short |
| KuCoin CVCUSDTMlong | +0.0344% | 4h | 0.02740 | long leg | $1.4M | $410K | 30x |
KuCoin CVCUSDTM
MEXC CVC_USDT
Binance CVCUSDT
Bybit CVCUSDT
Gate CVC_USDT
Bitget CVCUSDT
BingX CVC-USDT
Variational Omni CVC