Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against MEXC−0.043%7-day average +0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$179as in the Funding arb table
Net, price: spread back to 7d avg − costs−$189as in the Price arb table
costs, in and out, $10k−$1791.793% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.127%+$13 · spread now −0.043%, 7d avg +0.052%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.095% cheaper against MEXC than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.052%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC NIL_USDT | 0.06901 | 0.0100 | pay 0.0050% / 4h | 2h 38m | $2.3M | $4.5M | 100x |
| Short | KuCoin NILUSDTM | 0.06898 | 0.0100 | get 0.0050% / 4h | 2h 38m | $515K | $653K | 30x |
MEXC NIL_USDT
KuCoin NILUSDTMFunding 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
- $0
- Price spread: −0.043% → +0.052%
- −$9.5
- Slippage, 4 orders
- −$163.33
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$188.83
- Costs to cover
- 1.793%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; KuCoin: live order book, 75 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, 4 min ago | 12.97 bp | 37.7 bp −$38 | 130.3 bp −$1,303 | 319.8 bp −$32.0K | 506.4 bp −$253.2K |
| Sell KuCoin live order book, 75 min ago | 12.36 bp | 48.9 bp −$49 | 533.7 bp −$5,337 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin NIL-USDT | +0.0095% | 4h | 0.06946 | +0.652% | $356K | $124K | 50x | as long as short |
| Aster NILUSDT | +0.0100% | 4h | 0.06893 | −0.112% | $22K | $343K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.06897 | −0.060% | $5.4M | $75.2M | 50x | as long as short |
| Gate NIL_USDT | +0.0100% | 4h | 0.06889 | −0.174% | $437K | $1.9M | 50x | as long as short |
| MEXC NIL_USDTlong | +0.0100% | 4h | 0.06901 | long leg | $2.3M | $4.5M | 100x | |
| KuCoin NILUSDTMshort | +0.0100% | 4h | 0.06898 | −0.043% | $515K | $653K | 30x | |
| Bitget NILUSDT | +0.0100% | 4h | 0.06899 | −0.029% | $1.8M | $8.2M | 50x | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.06897 | −0.062% | $17K | $94K | 5x | as long as short |
| Bybit NILUSDT | +0.0179% | 4h | 0.06914 | +0.188% | $3.8M | $13.6M | 20x | as long as short |
| BingX NIL-USDT | +0.0256% | 4h | 0.06906 | +0.072% | — | $8.5M | — | as long as short |
BloFin NIL-USDT
Aster NILUSDT
Binance NILUSDT
Gate NIL_USDT
Bitget NILUSDT
Extended NIL-USD
Bybit NILUSDT
BingX NIL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NIL | +0.0358% | 4h | 0.06904 | +0.042% | $180K | $266K | — | as long as short |
| Hyperliquid NIL | +0.2688% | 1h | 0.06921 | +0.296% | $4.3M | $4.5M | 3x | as long as short |
Variational Omni NIL
Hyperliquid NIL