MUBARAK

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.1328%/8h= −145.4% APRnext payment −$6.64 per $10,000 · paid last 24h −0.109%

Price spread now: MEXC against KuCoin−0.069%7-day average −0.090% · you buy dearer than you sell

Net, funding: paid 7d − costs−$249as in the Funding arb table

Net, price: spread back to 7d avg − costs−$219as in the Price arb table

costs, in and out, $10k−$2212.207% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.282%−$28 on $10k

Price spread, last 4 days (all we have)+0.015%+$1 · spread now −0.069%, 7d avg −0.090%

Together, before fees−0.267%−$27 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.022% dearer against KuCoin than usual: you sell high and buy low (spread −0.069% now, against its 7-day average of −0.090%): +$2 on $10k if it goes back. Holding the pair costs −$40 a day in funding at the current rate, which eats that in about 1 hour. At the pace of the last 7 days (−0.282% in total) that is about 13 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.282% in total (about -14.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.64 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 MUBARAKUSDTM	0.04375	0.1428	pay 0.0714% / 4h	13m 27s	$1.5M	$1.0M	30x
Short	MEXC MUBARAK_USDT	0.04372	0.0100	get 0.0050% / 4h	13m 27s	$872K	$1.5M	50x

Funding 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

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee MEXCbpOrdersPrice spread, now −0.069%Rate

Funding earned: −$278.88
Price spread: −0.069% → −0.090%: $2.18
Slippage, 4 orders: −$204.73
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$497.43
Costs to cover: 2.207%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; MEXC: 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 KuCoin live order book, 2 min ago	6.84 bp	53.8 bp −$54	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	17.09 bp	50.1 bp −$50	83.2 bp −$832	231.5 bp −$23.1K	519.7 bp −$259.9K

MUBARAK 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
Binance MUBARAKUSDT	+0.0100%	4h	0.04372	−0.063%	$15.8M	$86.6M	25x	as long as short
OKX MUBARAK-USDT-SWAP	+0.0100%	4h	0.04372	−0.064%	$2.6M	$53.0M	20x	as long as short
MEXC MUBARAK_USDTshort	+0.0100%	4h	0.04372	−0.069%	$872K	$1.5M	50x
Bitget MUBARAKUSDT	+0.0100%	4h	0.04374	−0.023%	$2.7M	$7.1M	25x	as long as short
Variational Omni MUBARAK	+0.0100%	4h	0.04377	+0.036%	$13K	$51K	—	as long as short
BingX MUBARAK-USDT	+0.0162%	4h	0.04371	−0.091%	—	$3.1M	—	as long as short
Bybit MUBARAKUSDT	+0.0171%	4h	0.04376	+0.023%	$3.3M	$10.7M	25x	as long as short
Aster MUBARAKUSDT	+0.0196%	4h	0.04372	−0.079%	$20K	$395K	5x	as long as short
Gate MUBARAK_USDT	+0.1042%	4h	0.04369	−0.137%	$6.9M	$5.4M	50x	as long as short
KuCoin MUBARAKUSDTMlong	+0.1428%	4h	0.04375	long leg	$1.5M	$1.0M	30x

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_MUBARAKUSD	+0.1929%	1h	0.04377	+0.053%	$65K	$418K	10x	as long as short