Settings8H · net · $10k
Funding arb · Price arb /

LONGXIA

all LONGXIA markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+1.784%+$178 on $10k · with fees, hour by hour
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC LONGXIA_USDT0.22640.0384pay 0.0192% / 4h2h 25m$1.7M$1.5M50x
ShortKuCoin LONGXIAUSDTM0.22670.1002get 0.0501% / 4h2h 25m$37.0M$4.5M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 1 min ago1.78 bp18.3 bp −$1843.0 bp −$430214.8 bp −$21.5K547.3 bp −$273.6K
Sell KuCoin live order book, 3 min ago5.28 bp79.8 bp −$80doesn't fitdoesn't fitdoesn't fit

LONGXIA on 4 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX LONGXIA-USDT+0.0070%4h0.2267+0.124%$2.2Mas long as short
Bybit LONGXIAUSDT+0.0352%4h0.2156−4.770%$762K$7.7M10xas long as short
MEXC LONGXIA_USDTlong+0.0384%4h0.2264long leg$1.7M$1.5M50x
KuCoin LONGXIAUSDTMshort+0.1002%4h0.2267+0.125%$37.0M$4.5M10x