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

CVC

all CVC markets
SwapBacktest
Alert: funding
Alert: spread
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: KuCoin against MEXC+0.146%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1171.173% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.164%+$116 on $10k
Price spread, last 4 days (all we have)−0.165%−$16 · spread now +0.146%, 7d avg +0.063%
Together, before fees+1.000%+$100 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and KuCoin is 0.083% dearer against MEXC than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.063%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC CVC_USDT0.027340.0100pay 0.0050% / 4h35m 49s$652K$133K20x
ShortKuCoin CVCUSDTM0.027380.0344get 0.0172% / 4h35m 49s$1.4M$410K30x

Funding 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 it
latest
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: +0.146% → +0.063%
$8.3
Slippage, 4 orders
−$101.31
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$57.77
Costs to cover
1.173%
Break-even
14.9 days
Slippage from MEXC: live order book, 14 min ago; KuCoin: live order book, 5 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 MEXC live order book, 14 min ago1.82 bp8.7 bp −$925.0 bp −$250178.2 bp −$17.8Kdoesn't fit
Sell KuCoin live order book, 5 min ago3.64 bp36.6 bp −$37doesn't fitdoesn't fitdoesn't fit

CVC 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
Binance CVCUSDT+0.0100%4h0.02735+0.052%$2.9M$5.7M50xas long as short
Bybit CVCUSDT+0.0100%1h0.02725−0.329%$1.7M$1.6M25xas long as short
Gate CVC_USDT+0.0100%4h0.027340.000%$217K$311K25xas long as short
MEXC CVC_USDTlong+0.0100%4h0.02734long leg$652K$133K20x
Bitget CVCUSDT+0.0100%4h0.02736+0.073%$460K$482K50xas long as short
BingX CVC-USDT+0.0100%4h0.02732−0.073%$2.4Mas long as short
Variational Omni CVC+0.0100%1h0.02720−0.511%$1K$370as long as short
KuCoin CVCUSDTMshort+0.0344%4h0.02738+0.146%$1.4M$410K30x