Funding you earn now, next payment 08:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.22 per $10,000 · paid last 24h −0.027%
Price spread now: KuCoin against MEXC−0.043%7-day average −0.139% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$900.901% of the position
Funding, last 7 days−0.071%−$7 on $10k
+Price spread, last 4 days (all we have)−0.090%−$9 · spread now −0.043%, 7d avg −0.139%
=The price spread pays, funding is against you. KuCoin is 0.096% dearer against MEXC than usual: you sell high and buy low (spread −0.043% now, against its 7-day average of −0.139%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 15 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PEOPLE_USDT | 0.009384 | 0.0100 | pay 0.0100% / 8h | 2h 07m | $722K | $326K | 200x |
| Short | KuCoin PEOPLEUSDTM | 0.009380 | 0.0078 | get 0.0078% / 8h | 2h 07m | $682K | $162K | 50x |
MEXC PEOPLE_USDT
KuCoin PEOPLEUSDTMFunding 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
- −$4.62
- Price spread: −0.043% → −0.139%
- $9.6
- Slippage, 4 orders
- −$74.08
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$85.1
- Costs to cover
- 0.901%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 33 min ago; KuCoin: live order book, 52 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, 33 min ago | 1.63 bp | 11.9 bp −$12 | 45.7 bp −$457 | 271.8 bp −$27.2K | 513.2 bp −$256.6K |
| Sell KuCoin live order book, 52 min ago | 14.06 bp | 30.8 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
PEOPLE on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PEOPLEUSD | −0.0586% | 1h | 0.009388 | +0.038% | $36K | $48K | 10x | as long as short |
| Variational Omni PEOPLE | −0.0041% | 8h | 0.009310 | −0.790% | $6K | $5K | — | as long as short |
| KuCoin PEOPLEUSDTMshort | +0.0078% | 8h | 0.009380 | −0.043% | $682K | $162K | 50x | |
| BloFin PEOPLE-USDT | +0.0099% | 8h | 0.009402 | +0.192% | $349K | $108K | 50x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009391 | +0.075% | $446K | $329K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009382 | −0.019% | $11K | $96K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009392 | +0.087% | $5.7M | $18.3M | 50x | as long as short |
| Bybit PEOPLEUSDT | +0.0100% | 8h | 0.009381 | −0.032% | $1.7M | $2.8M | 50x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0100% | 8h | 0.009384 | 0.000% | $3.4M | $9.7M | 20x | as long as short |
| Gate PEOPLE_USDT | +0.0100% | 8h | 0.009389 | +0.053% | $785K | $1.7M | 50x | as long as short |
Kraken Futures PF_PEOPLEUSD
Variational Omni PEOPLE
BloFin PEOPLE-USDT
Hyperliquid PEOPLE
Aster PEOPLEUSDT
Binance PEOPLEUSDT
Bybit PEOPLEUSDT
OKX PEOPLE-USDT-SWAP
Gate PEOPLE_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC PEOPLE_USDTlong | +0.0100% | 8h | 0.009384 | long leg | $722K | $326K | 200x | |
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009386 | +0.021% | $1.8M | $1.4M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009384 | 0.000% | — | $7.5M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009390 | +0.064% | $44K | $51K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009379 | −0.056% | $188 | — | 5x | as long as short |
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD