Funding you earn now, next payment 08:00 UTC−0.0102%/8h= −11.2% APRnext payment −$1.02 per $10,000 · paid last 24h −0.001%
Price spread now: KuCoin against MEXC+0.071%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as 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)+0.028%+$3 · spread now +0.071%, 7d avg +0.061%
=The price spread sits at its 7-day average of +0.061%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC FIL_USDC | 0.9860 | 0.0064 | pay 0.0064% / 8h | 6h 56m | $242K | $103K | 50x |
| Short | KuCoin FILUSDTM | 0.9867 | −0.0038 | pay 0.0038% / 8h | 6h 56m | $7.3M | $7.3M | 50x |
MEXC FIL_USDC
KuCoin FILUSDTMFunding 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
- −$21.42
- Price spread: +0.071% → +0.061%
- $1
- Slippage, 4 orders
- −$33.12
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$65.54
- Costs to cover
- 0.451%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 58 min ago; KuCoin: live order book, 7 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, 58 min ago | 1.02 bp | 2.0 bp −$2 | 9.3 bp −$93 | 66.5 bp −$6,650 | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 2.01 bp | 15.2 bp −$15 | 42.0 bp −$420 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.0357% | 1h | 0.9878 | +0.183% | $170K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0296% | 1h | 0.9847 | −0.132% | $377K | $2.1M | 50x | as long as short |
| Kraken Futures PF_FILUSD | −0.0194% | 1h | 0.9874 | +0.138% | $1.4M | $2.4M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0050% | 8h | 0.9896 | +0.365% | $18.0M | $98.4M | 50x | as long as short |
| KuCoin FILUSDTMshort | −0.0038% | 8h | 0.9867 | +0.071% | $7.3M | $7.3M | 50x | |
| Gate FIL_USDT | −0.0005% | 8h | 0.9879 | +0.193% | $8.1M | $15.7M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0005% / S +0.0006% | 1h | 0.9873 | +0.127% | $35K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9867 | +0.066% | $58K | $2K | 10x | as long as short |
| Binance FILUSDT | +0.0024% | 8h | 0.9890 | +0.309% | $56.9M | $181.1M | 75x | as long as short |
| Extended FIL-USD | +0.0024% | 1h | 0.9865 | +0.048% | $688K | $3.3M | 10x | as long as short |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
Kraken Futures PF_FILUSD
OKX FIL-USDT-SWAP
Gate FIL_USDT
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Binance FILUSDT
Extended FIL-USDShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.051% | $2K | $240K | 12x | as long as short |
| MEXC FIL_USDClong | +0.0064% | 8h | 0.9860 | long leg | $242K | $103K | 50x | |
| Lighter FIL | +0.0072% | 1h | 0.9862 | +0.023% | $159K | $341K | 5x | as long as short |
| Bitget FILUSDT | +0.0085% | 8h | 0.9877 | +0.172% | $11.1M | $21.9M | 75x | as long as short |
| BloFin FIL-USDT | +0.0096% | 8h | 0.9918 | +0.588% | $2.7M | $606K | 75x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9885 | +0.254% | $8.5M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9870 | +0.101% | $502K | $611K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9890 | +0.304% | $15.5M | $18.7M | 25x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9878 | +0.183% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9867 | +0.071% | $444K | $269K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9893 | +0.337% | $46K | $293K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9907 | +0.476% | $291K | $836K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9900 | +0.406% | $30K | $194K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9880 | +0.207% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9860 | 0.000% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9869 | +0.091% | $489 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9889 | +0.294% | $632K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9860 | 0.000% | $1.1M | $2.3M | 50x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0568% / S −0.0592% | 1h | 0.9872 | +0.121% | $199K | — | 100x | as long as short |
Injective FIL/USDC PERP
Lighter FIL
Bitget FILUSDT
BloFin FIL-USDT
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
GMX FIL/USD [WBTC.b-USDC]