Funding you earn now, next payment 08:00 UTC+0.0103%/8h= +11.3% APRnext payment +$1.03 per $10,000 · paid last 24h +0.001%
Price spread now: MEXC against KuCoin−0.101%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$450.451% of the position
Funding, last 7 days+0.086%+$9 on $10k
+Price spread, last 4 days (all we have)+0.002%$0 · spread now −0.101%, 7d avg −0.061%
=Funding pays, the price is against you. MEXC is 0.040% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.101% now, against its 7-day average of −0.061%). If the spread goes back, that is −$4 on $10k: about 31 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.086% in total) that is about 3.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin FILUSDTM | 0.9924 | −0.0040 | get 0.0040% / 8h | 6h 57m | $7.4M | $7.3M | 50x |
| Short | MEXC FIL_USDC | 0.9914 | 0.0063 | get 0.0063% / 8h | 6h 57m | $243K | $103K | 50x |
KuCoin FILUSDTM
MEXC FIL_USDCFunding 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
- $21.63
- Price spread: −0.101% → −0.061%
- −$3.98
- Slippage, 4 orders
- −$33.12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$27.46
- Costs to cover
- 0.451%
- Break-even
- 15.9 days
Slippage from KuCoin: live order book, 6 min ago; MEXC: live order book, 57 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, 6 min ago | 2.01 bp | 16.9 bp −$17 | 43.3 bp −$433 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 57 min ago | 1.02 bp | 11.1 bp −$11 | 32.0 bp −$320 | 78.9 bp −$7,891 | doesn't fit |
FIL on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International FIL-PERP-INTX | −0.0296% | 1h | 0.9928 | +0.040% | $380K | $2.1M | 50x | as long as short |
| Lighter FIL | −0.0200% | 1h | 0.9914 | −0.101% | $159K | $340K | 5x | as long as short |
| Kraken Futures PF_FILUSD | −0.0193% | 1h | 0.9923 | −0.006% | $1.4M | $2.4M | 50x | as long as short |
| Deribit FIL_USDC-PERPETUAL | −0.0153% | 1h | 0.9924 | 0.000% | $171K | $23K | 25x | as long as short |
| OKX FIL-USDT-SWAP | −0.0048% | 8h | 0.9909 | −0.151% | $18.1M | $98.3M | 50x | as long as short |
| KuCoin FILUSDTMlong | −0.0040% | 8h | 0.9924 | long leg | $7.4M | $7.3M | 50x | |
| Gate FIL_USDT | −0.0021% | 8h | 0.9923 | −0.010% | $8.1M | $15.6M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0005% / S +0.0006% | 1h | 0.9922 | −0.022% | $35K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9921 | −0.035% | $58K | $2K | 10x | as long as short |
| Binance FILUSDT | +0.0024% | 8h | 0.9914 | −0.099% | $57.3M | $180.7M | 75x | as long as short |
Coinbase International FIL-PERP-INTX
Lighter FIL
Kraken Futures PF_FILUSD
Deribit FIL_USDC-PERPETUAL
OKX FIL-USDT-SWAP
Gate FIL_USDT
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Binance FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended FIL-USD | +0.0024% | 1h | 0.9914 | −0.103% | $692K | $3.3M | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.695% | $2K | $240K | 12x | as long as short |
| MEXC FIL_USDCshort | +0.0063% | 8h | 0.9914 | −0.101% | $243K | $103K | 50x | |
| Bitget FILUSDT | +0.0084% | 8h | 0.9913 | −0.111% | $11.2M | $21.9M | 75x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9924 | 0.000% | $8.5M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9930 | +0.060% | $505K | $610K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9914 | −0.101% | $15.5M | $18.7M | 25x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9918 | −0.060% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9938 | +0.139% | $447K | $269K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9893 | −0.310% | $46K | $293K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9907 | −0.172% | $291K | $836K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9900 | −0.242% | $30K | $194K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9927 | +0.026% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9910 | −0.141% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9910 | −0.141% | $487 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9936 | +0.121% | $636K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9910 | −0.141% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0104% | 8h | 0.9903 | −0.212% | $2.7M | $605K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0569% / S −0.0592% | 1h | 0.9918 | −0.063% | $200K | — | 100x | as long as short |
Extended FIL-USD
Injective FIL/USDC PERP
Bitget FILUSDT
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
BingX FIL-USDC
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]