Funding you earn now, next payment 08:00 UTC−0.0642%/8h= −70.3% APRnext payment −$3.21 per $10,000 · paid last 24h −0.306%
Price spread now: MEXC against KuCoin+0.120%7-day average −0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$386as in the Funding arb table
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$2122.124% of the position
Funding, last 7 days−1.736%−$174 on $10k
+Price spread, last 4 days (all we have)−0.293%−$29 · spread now +0.120%, 7d avg −0.068%
=The price spread pays, funding is against you. MEXC is 0.188% dearer against KuCoin than usual: you sell high and buy low (spread +0.120% now, against its 7-day average of −0.068%): +$19 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 23 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LONGXIAUSDTM | 0.2238 | 0.1040 | pay 0.0520% / 4h | 2h 26m | $36.5M | $4.5M | 10x |
| Short | MEXC LONGXIA_USDT | 0.2241 | 0.0398 | get 0.0199% / 4h | 2h 26m | $1.7M | $1.5M | 50x |
KuCoin LONGXIAUSDTM
MEXC LONGXIA_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
- −$134.82
- Price spread: +0.120% → −0.068%
- $18.84
- Slippage, 4 orders
- −$196.38
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$328.36
- Costs to cover
- 2.124%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 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, 3 min ago | 5.28 bp | 92.0 bp −$92 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 3.61 bp | 21.8 bp −$22 | 50.1 bp −$501 | 287.9 bp −$28.8K | 877.4 bp −$438.7K |
LONGXIA on 4 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX LONGXIA-USDT | +0.0070% | 4h | 0.2243 | +0.218% | — | $2.2M | — | as long as short |
| Bybit LONGXIAUSDT | +0.0381% | 4h | 0.2247 | +0.402% | $792K | $7.7M | 10x | as long as short |
| MEXC LONGXIA_USDTshort | +0.0398% | 4h | 0.2241 | +0.120% | $1.7M | $1.5M | 50x | |
| KuCoin LONGXIAUSDTMlong | +0.1040% | 4h | 0.2238 | long leg | $36.5M | $4.5M | 10x |
BingX LONGXIA-USDT
Bybit LONGXIAUSDT