Funding you earn now, next payment 08:00 UTC+0.0618%/8h= +67.7% APRnext payment +$3.09 per $10,000 · paid last 24h +0.306%
Price spread now: KuCoin against MEXC+0.125%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$202as in the Price arb table
costs, in and out, $10k−$2072.075% of the position
Funding, last 7 days+1.736%+$174 on $10k
+Price spread, last 4 days (all we have)+0.047%+$5 · spread now +0.125%, 7d avg +0.068%
=Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and KuCoin is 0.057% dearer against MEXC than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.068%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC LONGXIA_USDT | 0.2264 | 0.0384 | pay 0.0192% / 4h | 2h 25m | $1.7M | $1.5M | 50x |
| Short | KuCoin LONGXIAUSDTM | 0.2267 | 0.1002 | get 0.0501% / 4h | 2h 25m | $37.0M | $4.5M | 10x |
Funding 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
- $129.78
- Price spread: +0.125% → +0.068%
- $5.68
- Slippage, 4 orders
- −$191.46
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$72
- Costs to cover
- 2.075%
- Break-even
- 10.9 days
Slippage from MEXC: live order book, 1 min ago; KuCoin: live order book, 3 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, 1 min ago | 1.78 bp | 18.3 bp −$18 | 43.0 bp −$430 | 214.8 bp −$21.5K | 547.3 bp −$273.6K |
| Sell KuCoin live order book, 3 min ago | 5.28 bp | 79.8 bp −$80 | doesn't fit | doesn't fit | doesn't fit |
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 | 0.2267 | +0.124% | — | $2.2M | — | as long as short |
| Bybit LONGXIAUSDT | +0.0352% | 4h | 0.2156 | −4.770% | $762K | $7.7M | 10x | as long as short |
| MEXC LONGXIA_USDTlong | +0.0384% | 4h | 0.2264 | long leg | $1.7M | $1.5M | 50x | |
| KuCoin LONGXIAUSDTMshort | +0.1002% | 4h | 0.2267 | +0.125% | $37.0M | $4.5M | 10x |
MEXC LONGXIA_USDT
KuCoin LONGXIAUSDTM
BingX LONGXIA-USDT
Bybit LONGXIAUSDT