Funding you earn now, next payment 00:00 UTC−0.0410%/8h= −44.9% APRnext payment −$2.05 per $10,000 · paid last 24h −0.134%
Price spread now: KuCoin against MEXC−0.334%7-day average −0.173% · you buy dearer than you sell
Net, funding: paid 7d − costs−$254as in the Funding arb table
Net, price: spread back to 7d avg − costs−$235as in the Price arb table
costs, in and out, $10k−$2182.184% of the position
Funding, last 7 days−0.353%−$35 on $10k
+Price spread, last 4 days (all we have)+0.146%+$15 · spread now −0.334%, 7d avg −0.173%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and KuCoin is 0.161% cheaper against MEXC than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.173%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC 1000RATS_USDT | 0.00004193 | 0.0510 | pay 0.0255% / 4h | 13m 49s | $819K | $181K | 125x |
| Short | KuCoin 1000RATSUSDTM | 0.00004179 | 0.0100 | get 0.0050% / 4h | 13m 49s | $624K | $81K | 30x |
MEXC 1000RATS_USDT
KuCoin 1000RATSUSDTMFunding 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
- −$86.1
- Price spread: −0.334% → −0.173%
- −$16.1
- Slippage, 4 orders
- −$202.45
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$320.65
- Costs to cover
- 2.184%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 57 min ago; KuCoin: live order book, 49 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, 57 min ago | 2.39 bp | 15.9 bp −$16 | 65.5 bp −$655 | 236.9 bp −$23.7K | 405.4 bp −$202.7K |
| Sell KuCoin live order book, 49 min ago | 8.38 bp | 48.9 bp −$49 | 884.3 bp −$8,843 | doesn't fit | doesn't fit |
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 | 0.00004179 | −0.334% | $2.4M | $426K | 25x | as long as short |
| KuCoin 1000RATSUSDTMshort | +0.0100% | 4h | 0.00004179 | −0.334% | $624K | $81K | 30x | |
| Bitget 1000RATSUSDT | +0.0100% | 4h | 0.00004193 | 0.000% | $1.5M | $341K | 25x | as long as short |
| BloFin 1000RATS-USDT | +0.0464% | 4h | 0.00004197 | +0.095% | $1.0M | $11K | 40x | as long as short |
| BingX RATS-USDT | +0.0504% | 4h | 0.00004191 | −0.048% | — | $1.2M | — | as long as short |
| edgeX 1000RATSUSDC | +0.0505% | 4h | 0.00004191 | −0.055% | $33K | $294K | 10x | as long as short |
| MEXC 1000RATS_USDTlong | +0.0510% | 4h | 0.00004193 | long leg | $819K | $181K | 125x | |
| Binance 1000RATSUSDT | +0.0525% | 4h | 0.00004197 | +0.093% | $11.0M | $2.0M | 40x | as long as short |
| Bybit 1000RATSUSDT | +0.0526% | 4h | 0.00004193 | 0.000% | $4.2M | $914K | 20x | as long as short |
| Aster 1000RATSUSDT | +0.1075% | 4h | 0.00004188 | −0.113% | $20K | $15K | 5x | as long as short |
Gate RATS_USDT
Bitget 1000RATSUSDT
BloFin 1000RATS-USDT
BingX RATS-USDT
edgeX 1000RATSUSDC
Binance 1000RATSUSDT
Bybit 1000RATSUSDT
Aster 1000RATSUSDT