Funding you earn now, next payment 08:00 UTC−0.0428%/8h= −46.9% APRnext payment −$2.14 per $10,000 · paid last 24h −0.094%
Price spread now: KuCoin against MEXC−0.084%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$362as in the Funding arb table
Net, price: spread back to 7d avg − costs−$344as in the Price arb table
costs, in and out, $10k−$3363.364% of the position
Funding, last 7 days−0.260%−$26 on $10k
+Price spread, last 7 days+0.039%+$4 · spread now −0.084%, 7d avg −0.009%
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and KuCoin is 0.074% cheaper against MEXC than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.009%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.260% in total (about -13.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.14 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC EDGE_USDT | 0.5966 | 0.0528 | pay 0.0264% / 4h | 3h 06m | $1.1M | $866K | 50x |
| Short | KuCoin EDGEUSDTM | 0.5961 | 0.0100 | get 0.0050% / 4h | 3h 06m | $2.1M | $2.2M | 50x |
MEXC EDGE_USDT
KuCoin EDGEUSDTMFunding 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
- −$89.88
- Price spread: −0.084% → −0.009%
- −$7.43
- Slippage, 4 orders
- −$316.41
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$433.73
- Costs to cover
- 3.364%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 4 min ago | 0.83 bp | 8.6 bp −$9 | 82.1 bp −$821 | 251.9 bp −$25.2K | 719.3 bp −$359.6K |
| Sell KuCoin live order book, 5 min ago | 4.18 bp | 172.1 bp −$172 | 912.6 bp −$9,126 | doesn't fit | doesn't fit |
EDGE on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter EDGE | +0.0096% | 1h | 0.5953 | −0.221% | $43K | $19K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5954 | −0.201% | $7.2M | $3.3M | 25x | as long as short |
| KuCoin EDGEUSDTMshort | +0.0100% | 4h | 0.5961 | −0.084% | $2.1M | $2.2M | 50x | |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5960 | −0.101% | $4.7M | $1.1M | 20x | as long as short |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.5960 | −0.097% | $58K | $113K | 3.3x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5978 | +0.199% | $191K | $142K | — | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5957 | −0.151% | $9K | $305K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5923 | −0.721% | $4K | $629K | 10x | as long as short |
| GRVT EDGE_USDT_Perp | +0.0120% | 4h | 0.5977 | +0.184% | $2K | $2.6M | 10x | as long as short |
| Aster EDGEUSDT | +0.0452% | 4h | 0.5964 | −0.040% | $53K | $155K | 5x | as long as short |
Lighter EDGE
Bybit EDGEUSDT
Bitget EDGEUSDT
Backpack EDGE_USDC_PERP
Variational Omni EDGE
ApeX Omni EDGEUSDT
SunX EDGE-USDT
GRVT EDGE_USDT_Perp
Aster EDGEUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin EDGE-USDT | +0.0523% | 4h | 0.5969 | +0.050% | $659K | $103K | 50x | as long as short |
| Extended EDGE-USD | +0.0528% | 1h | 0.5963 | −0.051% | $28K | $82K | 5x | as long as short |
| MEXC EDGE_USDTlong | +0.0528% | 4h | 0.5966 | long leg | $1.1M | $866K | 50x | |
| Binance EDGEUSDT | +0.0531% | 4h | 0.5960 | −0.101% | $10.2M | $10.5M | 50x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0587% | 4h | 0.5961 | −0.084% | $3K | $1K | 10x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0593% | 4h | 0.5964 | −0.034% | $3.8M | $5.8M | 20x | as long as short |
| edgeX EDGEUSDC | +0.0608% | 4h | 0.5982 | +0.264% | $14.3M | $3.7M | 30x | as long as short |
BloFin EDGE-USDT
Extended EDGE-USD
Binance EDGEUSDT
Orderly PERP_EDGE_USDC
OKX EDGE-USDT-SWAP
edgeX EDGEUSDC