Funding you earn now, next payment 12:00 UTC−0.2488%/8h= −272.4% APRnext payment −$12.44 per $10,000 · paid last 24h −0.219%
Price spread now: KuCoin against MEXC−0.399%7-day average −0.130% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,135as in the Price arb table
costs, in and out, $10k−$1,10811.079% of the position
Funding, last 7 days−0.471%−$47 on $10k
+Price spread, last 7 days+0.397%+$40 · spread now −0.399%, 7d avg −0.130%
=Both sides work against this trade now: funding costs −$75 a day on $10k at the current rate, and KuCoin is 0.268% cheaper against MEXC than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of −0.130%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.471% in total (about -24.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$12.44 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC US_USDT | 0.01530 | 0.0152 | pay 0.0076% / 4h | 2h 57m | $5.1M | $116K | 100x |
| Short | KuCoin USUSDTM | 0.01524 | −0.2336 | pay 0.1168% / 4h | 2h 57m | $3.4M | $579K | 20x |
MEXC US_USDT
KuCoin USUSDTMFunding 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
- −$522.48
- Price spread: −0.399% → −0.130%
- −$26.83
- Slippage, 4 orders
- −$1,091.89
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,657.2
- Costs to cover
- 11.079%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; KuCoin: live order book, 10 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, 5 min ago | 3.25 bp | 31.4 bp −$31 | 63.3 bp −$633 | 376.3 bp −$37.6K | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 39.67 bp | 507.1 bp −$507 | doesn't fit | doesn't fit | doesn't fit |
US on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin USUSDTMshort | −0.2336% | 4h | 0.01524 | −0.399% | $3.4M | $579K | 20x | |
| Aster USUSDT | +0.0100% | 4h | 0.01530 | +0.032% | $14K | $52K | 5x | as long as short |
| Bybit USUSDT | +0.0100% | 4h | 0.01531 | +0.065% | $3.1M | $991K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01528 | −0.163% | $1.9M | $653K | 20x | as long as short |
| Bitget USUSDT | +0.0100% | 4h | 0.01534 | +0.248% | $4.1M | $293K | 10x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01543 | +0.831% | $15K | $4K | — | as long as short |
| BloFin US-USDT | +0.0118% | 4h | 0.01542 | +0.791% | $461K | $45K | 10x | as long as short |
| Binance USUSDT | +0.0144% | 4h | 0.01530 | +0.007% | $8.6M | $3.5M | 10x | as long as short |
| Extended US-USD | +0.0152% | 1h | 0.01531 | +0.033% | $3K | $204K | 5x | as long as short |
| MEXC US_USDTlong | +0.0152% | 4h | 0.01530 | long leg | $5.1M | $116K | 100x |
Aster USUSDT
Bybit USUSDT
Gate US_USDT
Bitget USUSDT
Variational Omni US
BloFin US-USDT
Binance USUSDT
Extended US-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX US-USDT | +0.0191% | 4h | 0.01531 | +0.046% | — | $1.3M | — | as long as short |
BingX US-USDT