Funding you earn now, next payment 08:00 UTC+0.0044%/8h= +4.8% APRnext payment +$0.22 per $10,000 · paid last 24h +0.081%
Price spread now: MEXC against KuCoin+0.051%7-day average +0.138% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,201as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,217as in the Price arb table
costs, in and out, $10k−$1,20912.086% of the position
Funding, last 7 days+0.073%+$7 on $10k
+Price spread, last 4 days (all we have)−0.019%−$2 · spread now +0.051%, 7d avg +0.138%
=Funding pays, the price is against you. MEXC is 0.087% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.051% now, against its 7-day average of +0.138%). If the spread goes back, that is −$9 on $10k: about 6.6 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GWEIUSDTM | 0.02350 | 0.0100 | pay 0.0050% / 4h | 1h 39m | $463K | $36K | 20x |
| Short | MEXC GWEI_USDT | 0.02351 | 0.0144 | get 0.0072% / 4h | 1h 39m | $130K | $92K | 20x |
KuCoin GWEIUSDTM
MEXC GWEI_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
- $9.24
- Price spread: +0.051% → +0.138%
- −$8.66
- Slippage, 4 orders
- −$1,192.58
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$1,208
- Costs to cover
- 12.086%
- Break-even
- 922.1 days
Slippage from KuCoin: live order book, 4 min ago; MEXC: live order book, 40 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, 4 min ago | 36.18 bp | 800.6 bp −$801 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 40 min ago | 2.15 bp | 18.4 bp −$18 | 108.3 bp −$1,083 | 365.3 bp −$36.5K | doesn't fit |
GWEI 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate GWEI_USDT | +0.0100% | 4h | 0.02346 | −0.153% | $397K | $578K | 10x | as long as short |
| KuCoin GWEIUSDTMlong | +0.0100% | 4h | 0.02350 | long leg | $463K | $36K | 20x | |
| Variational Omni GWEI | +0.0100% | 4h | 0.02357 | +0.310% | $5K | $1K | — | as long as short |
| Bybit GWEIUSDT | +0.0101% | 4h | 0.02350 | +0.009% | $391K | $275K | 25x | as long as short |
| Binance GWEIUSDT | +0.0142% | 4h | 0.02351 | +0.051% | $2.5M | $5.3M | 50x | as long as short |
| Extended GWEI-USD | +0.0144% | 1h | 0.02350 | +0.026% | $4K | $213K | 5x | as long as short |
| MEXC GWEI_USDTshort | +0.0144% | 4h | 0.02351 | +0.051% | $130K | $92K | 20x | |
| BloFin GWEI-USDT | +0.0202% | 4h | 0.02357 | +0.306% | $165K | $41K | 50x | as long as short |
| BingX GWEI-USDT | +0.0478% | 4h | 0.02350 | +0.009% | — | $1.6M | — | as long as short |
| Bitget GWEIUSDT | +0.0486% | 4h | 0.02349 | −0.034% | $1.9M | $474K | 20x | as long as short |
Gate GWEI_USDT
Variational Omni GWEI
Bybit GWEIUSDT
Binance GWEIUSDT
Extended GWEI-USD
BloFin GWEI-USDT
BingX GWEI-USDT
Bitget GWEIUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GWEIUSDT | +0.0790% | 4h | 0.02352 | +0.093% | $19K | $32K | 10x | as long as short |
Aster GWEIUSDT