Funding you earn now, next payment 04:00 UTC+0.0038%/8h= +4.2% APRnext payment +$0.19 per $10,000 · paid last 24h −0.028%
Price spread now: MEXC against KuCoin−0.097%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$355as in the Funding arb table
Net, price: spread back to 7d avg − costs−$268as in the Price arb table
costs, in and out, $10k−$2612.606% of the position
Funding, last 7 days−0.939%−$94 on $10k
+Price spread, last 7 days−0.051%−$5 · spread now −0.097%, 7d avg −0.028%
=Funding pays, the price is against you. MEXC is 0.069% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.097% now, against its 7-day average of −0.028%). If the spread goes back, that is −$7 on $10k: about 6.1 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.939%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TUSDTM | 0.005143 | −0.0554 | get 0.0277% / 4h | 2h 58m | $1.3M | $81K | 12x |
| Short | MEXC T_USDT | 0.005138 | −0.0516 | pay 0.0258% / 4h | 2h 58m | $3.1M | $227K | 20x |
KuCoin TUSDTM
MEXC T_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
- $7.98
- Price spread: −0.097% → −0.028%
- −$6.94
- Slippage, 4 orders
- −$244.6
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$259.56
- Costs to cover
- 2.606%
- Break-even
- 234.7 days
Slippage from KuCoin: live order book, 2 min ago; MEXC: live order book, 4 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, 2 min ago | 11.65 bp | 118.5 bp −$119 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.97 bp | 12.5 bp −$12 | 32.4 bp −$324 | 113.6 bp −$11.4K | doesn't fit |
T on 8 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_TUSD | −0.2926% | 1h | 0.005140 | −0.065% | $2K | $2K | 10x | as long as short |
| KuCoin TUSDTMlong | −0.0554% | 4h | 0.005143 | long leg | $1.3M | $81K | 12x | |
| Binance TUSDT | −0.0527% | 4h | 0.005142 | −0.019% | $3.3M | $8.1M | 50x | as long as short |
| MEXC T_USDTshort | −0.0516% | 4h | 0.005138 | −0.097% | $3.1M | $227K | 20x | |
| Variational Omni T | −0.0473% | 4h | 0.005153 | +0.187% | $8K | $9K | — | as long as short |
| Gate T_USDT | −0.0410% | 4h | 0.005139 | −0.078% | $212K | $84K | 20x | as long as short |
| Bitget TUSDT | −0.0358% | 4h | 0.005130 | −0.253% | $884K | $587K | 50x | as long as short |
| Bybit TUSDT | +0.0027% | 4h | 0.005136 | −0.136% | $1.6M | $1.6M | 25x | as long as short |
Kraken Futures PF_TUSD
Binance TUSDT
Variational Omni T
Gate T_USDT
Bitget TUSDT
Bybit TUSDT