Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against KuCoin−0.183%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$225as in the Funding arb table
Net, price: spread back to 7d avg − costs−$238as in the Price arb table
costs, in and out, $10k−$2252.250% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.121%+$12 · spread now −0.183%, 7d avg −0.048%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.135% cheaper against KuCoin than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NILUSDTM | 0.07098 | 0.0100 | pay 0.0050% / 4h | 2h 26m | $554K | $703K | 30x |
| Short | MEXC NIL_USDT | 0.07085 | 0.0100 | get 0.0050% / 4h | 2h 26m | $2.2M | $3.9M | 100x |
KuCoin NILUSDTM
MEXC NIL_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
- $0
- Price spread: −0.183% → −0.048%
- −$13.52
- Slippage, 4 orders
- −$208.97
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$238.48
- Costs to cover
- 2.250%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 43 min ago; MEXC: live order book, 6 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, 43 min ago | 20.89 bp | 70.5 bp −$71 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 6 min ago | 7.73 bp | 38.9 bp −$39 | 157.8 bp −$1,578 | 309.9 bp −$31.0K | 600.7 bp −$300.3K |
NIL on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NILUSDT | +0.0100% | 4h | 0.07086 | −0.176% | $24K | $324K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.07088 | −0.142% | $5.5M | $71.7M | 50x | as long as short |
| Bybit NILUSDT | +0.0100% | 4h | 0.07096 | −0.028% | $3.9M | $13.4M | 20x | as long as short |
| Gate NIL_USDT | +0.0100% | 4h | 0.07087 | −0.155% | $447K | $1.9M | 50x | as long as short |
| MEXC NIL_USDTshort | +0.0100% | 4h | 0.07085 | −0.183% | $2.2M | $3.9M | 100x | |
| KuCoin NILUSDTMlong | +0.0100% | 4h | 0.07098 | long leg | $554K | $703K | 30x | |
| Bitget NILUSDT | +0.0100% | 4h | 0.07096 | −0.028% | $2.0M | $8.6M | 50x | as long as short |
| BingX NIL-USDT | +0.0100% | 4h | 0.07087 | −0.155% | — | $8.3M | — | as long as short |
| Variational Omni NIL | +0.0100% | 4h | 0.07133 | +0.499% | $183K | $249K | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.07082 | −0.226% | $21K | $185K | 5x | as long as short |
Aster NILUSDT
Binance NILUSDT
Bybit NILUSDT
Gate NIL_USDT
Bitget NILUSDT
BingX NIL-USDT
Variational Omni NIL
Extended NIL-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin NIL-USDT | +0.0132% | 4h | 0.07088 | −0.141% | $363K | $113K | 50x | as long as short |
| Hyperliquid NIL | +0.1135% | 1h | 0.07101 | +0.049% | $4.5M | $4.8M | 3x | as long as short |
BloFin NIL-USDT
Hyperliquid NIL