Funding you earn now, next payment 08:00 UTC+0.0370%/8h= +40.5% APRnext payment +$1.85 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against KuCoin−0.120%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$175as in the Funding arb table
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1701.696% of the position
Funding, last 7 days−0.055%−$5 on $10k
+Price spread, last 4 days (all we have)+0.059%+$6 · spread now −0.120%, 7d avg +0.011%
=Funding pays, the price is against you. MEXC is 0.131% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.120% now, against its 7-day average of +0.011%). If the spread goes back, that is −$13 on $10k: about 28 hours of funding at the current rate (+$11 a day). Mind the row above: over the last 7 days funding on this pair cost −0.055%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.055% in total (about -2.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.85 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 | KuCoin FLOCKUSDTM | 0.07470 | 0.0100 | pay 0.0050% / 4h | 50m 25s | $1.3M | $835K | 20x |
| Short | MEXC FLOCK_USDT | 0.07461 | 0.0470 | get 0.0235% / 4h | 50m 25s | $393K | $294K | 100x |
KuCoin FLOCKUSDTM
MEXC FLOCK_USDTFunding 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
- $77.7
- Price spread: −0.120% → +0.011%
- −$13.13
- Slippage, 4 orders
- −$153.59
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$105.02
- Costs to cover
- 1.696%
- Break-even
- 16.5 days
Slippage from KuCoin: live order book, 5 min ago; MEXC: live order book, 35 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, 5 min ago | 11.39 bp | 89.6 bp −$90 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 35 min ago | 3.38 bp | 8.8 bp −$9 | 43.7 bp −$437 | 177.6 bp −$17.8K | doesn't fit |
FLOCK on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit FLOCKUSDT | +0.0100% | 4h | 0.07455 | −0.201% | $3.5M | $13.6M | 20x | as long as short |
| KuCoin FLOCKUSDTMlong | +0.0100% | 4h | 0.07470 | long leg | $1.3M | $835K | 20x | |
| Bitget FLOCKUSDT | +0.0100% | 4h | 0.07465 | −0.067% | $1.2M | $2.3M | 20x | as long as short |
| Variational Omni FLOCK | +0.0100% | 4h | 0.07468 | −0.033% | $173K | $311K | — | as long as short |
| OKX FLOCK-USDT-SWAP | +0.0128% | 4h | 0.07455 | −0.201% | $729K | $14.7M | 20x | as long as short |
| Gate FLOCK_USDT | +0.0237% | 8h | 0.07467 | −0.040% | $783K | $1.8M | 50x | as long as short |
| BingX FLOCK-USDT | +0.0446% | 4h | 0.07459 | −0.147% | — | $6.8M | — | as long as short |
| BloFin FLOCK-USDT | +0.0466% | 4h | 0.07472 | +0.027% | $275K | $95K | 50x | as long as short |
| MEXC FLOCK_USDTshort | +0.0470% | 4h | 0.07461 | −0.120% | $393K | $294K | 100x | |
| Binance FLOCKUSDT | +0.0471% | 4h | 0.07464 | −0.085% | $5.9M | $40.2M | 50x | as long as short |
Bybit FLOCKUSDT
Bitget FLOCKUSDT
Variational Omni FLOCK
OKX FLOCK-USDT-SWAP
Gate FLOCK_USDT
BingX FLOCK-USDT
BloFin FLOCK-USDT
Binance FLOCKUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FLOCKUSDT | +0.1539% | 4h | 0.07484 | +0.193% | $1.6M | $3.7M | 5x | as long as short |
Aster FLOCKUSDT