Funding you earn now, next payment 12:00 UTC−0.0132%/8h= −14.5% APRnext payment −$0.66 per $10,000 · paid last 24h −0.042%
Price spread now: KuCoin against MEXC−0.265%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$260as in the Funding arb table
Net, price: spread back to 7d avg − costs−$275as in the Price arb table
costs, in and out, $10k−$2542.540% of the position
Funding, last 7 days−0.059%−$6 on $10k
+Price spread, last 4 days (all we have)+0.128%+$13 · spread now −0.265%, 7d avg −0.053%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 0.212% cheaper against MEXC than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.053%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XEC_USDT | 0.000008673 | 0.0100 | pay 0.0050% / 4h | 1h 46m | $333K | $107K | 20x |
| Short | KuCoin XECUSDTM | 0.000008650 | −0.0032 | pay 0.0016% / 4h | 1h 46m | $190K | $141K | 20x |
Funding 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
- −$27.72
- Price spread: −0.265% → −0.053%
- −$21.19
- Slippage, 4 orders
- −$237.99
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$302.89
- Costs to cover
- 2.540%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 58 min ago; KuCoin: live order book, 55 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, 58 min ago | 3.44 bp | 15.8 bp −$16 | 155.0 bp −$1,550 | 301.0 bp −$30.1K | doesn't fit |
| Sell KuCoin live order book, 55 min ago | 11.51 bp | 141.9 bp −$142 | doesn't fit | doesn't fit | doesn't fit |
XEC on 7 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit 1000XECUSDT | −0.0250% | 8h | 0.000008647 | −0.300% | $631K | $969K | 20x | as long as short |
| KuCoin XECUSDTMshort | −0.0032% | 4h | 0.000008650 | −0.265% | $190K | $141K | 20x | |
| Aster 1000XECUSDT | +0.0100% | 4h | 0.000008668 | −0.058% | $12K | $69K | 5x | as long as short |
| Binance 1000XECUSDT | +0.0100% | 4h | 0.000008673 | 0.000% | $1.7M | $8.6M | 75x | as long as short |
| MEXC XEC_USDTlong | +0.0100% | 4h | 0.000008673 | long leg | $333K | $107K | 20x | |
| Bitget 1000XECUSDT | +0.0100% | 4h | 0.000008669 | −0.046% | $1.1M | $826K | 50x | as long as short |
| Extended kXEC-USD | +0.0104% | 1h | 0.000008667 | −0.064% | $3K | — | 5x | as long as short |
MEXC XEC_USDT
KuCoin XECUSDTM
Bybit 1000XECUSDT
Aster 1000XECUSDT
Binance 1000XECUSDT
Bitget 1000XECUSDT
Extended kXEC-USD