Funding you earn now, next payment 04:00 UTC+0.0550%/8h= +60.2% APRnext payment +$2.75 per $10,000 · paid last 24h −0.078%
Price spread now: MEXC against KuCoin+0.271%7-day average −0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$644as in the Funding arb table
Net, price: spread back to 7d avg − costs−$587as in the Price arb table
costs, in and out, $10k−$6196.193% of the position
Funding, last 7 days−0.250%−$25 on $10k
+Price spread, last 4 days (all we have)−0.299%−$30 · spread now +0.271%, 7d avg −0.050%
=Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and MEXC is 0.321% dearer against KuCoin than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of −0.050%. Mind the row above: over the last 7 days funding on this pair cost −0.250%, 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 -0.250% in total (about -13.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.75 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 LAUSDTM | 0.07393 | −0.0826 | get 0.0413% / 4h | 35m 45s | $1.0M | $85K | 30x |
| Short | MEXC LA_USDT | 0.07413 | −0.0276 | pay 0.0138% / 4h | 35m 45s | $378K | $133K | 50x |
KuCoin LAUSDTM
MEXC LA_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
- $115.5
- Price spread: +0.271% → −0.050%
- $32.08
- Slippage, 4 orders
- −$603.33
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$471.75
- Costs to cover
- 6.193%
- Break-even
- 35.6 days
Slippage from KuCoin: live order book, 4 min ago; MEXC: 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 KuCoin live order book, 4 min ago | 8.79 bp | 155.2 bp −$155 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 0.68 bp | 8.9 bp −$9 | 57.6 bp −$576 | 511.4 bp −$51.1K | doesn't fit |
LA 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LAUSDTMlong | −0.0826% | 4h | 0.07393 | long leg | $1.0M | $85K | 30x | |
| Gate LA_USDT | −0.0632% | 4h | 0.07392 | −0.014% | $234K | $827K | 50x | as long as short |
| Bitget LAUSDT | −0.0456% | 4h | 0.07402 | +0.122% | $2.0M | $499K | 25x | as long as short |
| OKX LA-USDT-SWAP | −0.0451% | 4h | 0.07409 | +0.216% | $1.3M | $3.1M | 20x | as long as short |
| BingX LA-USDT | −0.0450% | 4h | 0.07410 | +0.230% | — | $6.6M | — | as long as short |
| Aster LAUSDT | −0.0414% | 4h | 0.07395 | +0.024% | $51K | $24K | 5x | as long as short |
| BloFin LA-USDT | −0.0319% | 4h | 0.07402 | +0.122% | $246K | $20K | 25x | as long as short |
| MEXC LA_USDTshort | −0.0276% | 4h | 0.07413 | +0.271% | $378K | $133K | 50x | |
| Binance LAUSDT | −0.0270% | 4h | 0.07410 | +0.224% | $4.7M | $9.8M | 25x | as long as short |
| Bybit LAUSDT | −0.0027% | 4h | 0.07412 | +0.257% | $2.3M | $2.6M | 25x | as long as short |
Gate LA_USDT
Bitget LAUSDT
OKX LA-USDT-SWAP
BingX LA-USDT
Aster LAUSDT
BloFin LA-USDT
Binance LAUSDT
Bybit LAUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07390 | −0.037% | $139K | $468K | 10x | as long as short |
GRVT LA_USDT_Perp