Funding you earn now, next payment 04:00 UTC−0.0520%/8h= −56.9% APRnext payment −$2.60 per $10,000 · paid last 24h +0.143%
Price spread now: MEXC against KuCoin+0.140%7-day average +0.174% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1421.424% of the position
Funding, last 7 days+0.372%+$37 on $10k
+Price spread, last 4 days (all we have)+0.018%+$2 · spread now +0.140%, 7d avg +0.174%
=Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and MEXC is 0.034% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.174%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.372%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin 1000RATSUSDTM | 0.00004283 | 0.1460 | pay 0.0730% / 4h | 8m 40s | $653K | $89K | 30x |
| Short | MEXC 1000RATS_USDT | 0.00004289 | 0.0940 | get 0.0470% / 4h | 8m 40s | $810K | $166K | 125x |
KuCoin 1000RATSUSDTM
MEXC 1000RATS_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
- −$109.2
- Price spread: +0.140% → +0.174%
- −$3.36
- Slippage, 4 orders
- −$126.36
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$254.92
- Costs to cover
- 1.424%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; MEXC: live order book, 42 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, 5 min ago | 9.32 bp | 51.2 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 42 min ago | 1.18 bp | 21.8 bp −$22 | 69.6 bp −$696 | 240.1 bp −$24.0K | 443.0 bp −$221.5K |
RATS on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate RATS_USDT | +0.0100% | 4h | 0.00004277 | −0.140% | $2.5M | $455K | 25x | as long as short |
| Bitget 1000RATSUSDT | +0.0262% | 4h | 0.00004290 | +0.163% | $1.6M | $385K | 25x | as long as short |
| Binance 1000RATSUSDT | +0.0925% | 4h | 0.00004289 | +0.140% | $11.3M | $2.1M | 40x | as long as short |
| MEXC 1000RATS_USDTshort | +0.0940% | 4h | 0.00004289 | +0.140% | $810K | $166K | 125x | |
| edgeX 1000RATSUSDC | +0.0971% | 4h | 0.00004292 | +0.202% | $34K | $294K | 10x | as long as short |
| BloFin 1000RATS-USDT | +0.0985% | 4h | 0.00004292 | +0.210% | $1.1M | $11K | 40x | as long as short |
| KuCoin 1000RATSUSDTMlong | +0.1460% | 4h | 0.00004283 | long leg | $653K | $89K | 30x | |
| BingX RATS-USDT | +0.1916% | 4h | 0.00004288 | +0.117% | — | $1.3M | — | as long as short |
| Bybit 1000RATSUSDT | +0.1920% | 4h | 0.00004286 | +0.070% | $4.3M | $971K | 20x | as long as short |
| Aster 1000RATSUSDT | +0.2104% | 4h | 0.00004283 | +0.009% | $20K | $15K | 5x | as long as short |
Gate RATS_USDT
Bitget 1000RATSUSDT
Binance 1000RATSUSDT
edgeX 1000RATSUSDC
BloFin 1000RATS-USDT
BingX RATS-USDT
Bybit 1000RATSUSDT
Aster 1000RATSUSDT