Funding you earn now, next payment 08:00 UTC−0.0602%/8h= −65.9% APRnext payment −$3.01 per $10,000 · paid last 24h −0.016%
Price spread now: KuCoin against MEXC+0.040%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$560.558% of the position
Funding, last 7 days+0.087%+$9 on $10k
+Price spread, last 4 days (all we have)−0.054%−$5 · spread now +0.040%, 7d avg +0.002%
=The price spread pays, funding is against you. KuCoin is 0.037% dearer against MEXC than usual: you sell high and buy low (spread +0.040% now, against its 7-day average of +0.002%): +$4 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 5 hours. Mind the row above: over the last 7 days funding on this pair paid +0.087%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.087% in total (about 4.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.01 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 XPT_USDT | 1,783.1 | 0.1106 | pay 0.0553% / 4h | 1h 38m | $23.3M | $637K | 100x |
| Short | KuCoin XPTUSDTM | 1,783.8 | 0.0504 | get 0.0252% / 4h | 1h 38m | $238K | $42K | 75x |
MEXC XPT_USDT
KuCoin XPTUSDTMFunding 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
- −$126.42
- Price spread: +0.040% → +0.002%
- $3.74
- Slippage, 4 orders
- −$43.79
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$178.47
- Costs to cover
- 0.558%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; KuCoin: live order book, 3 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, 1 min ago | 2.86 bp | 2.9 bp −$3 | 4.9 bp −$49 | 57.1 bp −$5,707 | 237.1 bp −$118.5K |
| Sell KuCoin live order book, 3 min ago | 9.16 bp | 23.0 bp −$23 | 197.9 bp −$1,979 | doesn't fit | doesn't fit |
XPT on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX XPT-USDT | 0.0000% | 4h | 1,783.5 | +0.022% | $11K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,780.6 | −0.141% | $228 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,780.8 | −0.129% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,780.5 | −0.145% | $13K | $29K | 10x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0164% | 1h | 1,781.2 | −0.107% | $3.6M | $1.1M | 20x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,809.9 | +1.502% | $6K | $34K | 52x | as long as short |
| KuCoin XPTUSDTMshort | +0.0504% | 4h | 1,783.8 | +0.040% | $238K | $42K | 75x | |
| Aevo PLATINUM-PERP | +0.0528% | 1h | 1,784.1 | +0.058% | $303 | — | 10x | as long as short |
| Paradex XPT-USD-PERP | +0.0550% | 8h | 1,783.7 | +0.032% | $3K | — | 5x | as long as short |
| Extended XPT-USD | +0.0640% | 1h | 1,780.3 | −0.155% | $201K | $629K | 10x | as long as short |
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Vest PL-PERP
Pacifica PLATINUM
tradeXYZ xyz:PLATINUM
Injective XPT/USDC PERP
Aevo PLATINUM-PERP
Paradex XPT-USD-PERP
Extended XPT-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XPT | +0.0680% | 1h | 1,784.6 | +0.084% | $353K | $18K | 20x | as long as short |
| Gate XPT_USDT | +0.0770% | 4h | 1,784.6 | +0.081% | $718K | $537K | 100x | as long as short |
| Aster XPTUSDT | +0.1032% | 4h | 1,784.3 | +0.065% | $15K | $10K | 20x | as long as short |
| BloFin XPT-USDT | +0.1055% | 4h | 1,784.3 | +0.065% | $96K | $69K | 100x | as long as short |
| Variational Omni XPT | +0.1062% | 4h | 1,785.2 | +0.120% | $260K | $192K | — | as long as short |
| Binance XPTUSDT | +0.1099% | 4h | 1,783.7 | +0.031% | $4.5M | $4.8M | 100x | as long as short |
| MEXC XPT_USDTlong | +0.1106% | 4h | 1,783.1 | long leg | $23.3M | $637K | 100x | |
| Bitget XPTUSDT | +0.1130% | 4h | 1,782.9 | −0.012% | $1.4M | $514K | 100x | as long as short |
| edgeX XPTUSDC | +0.1144% | 4h | 1,785.1 | +0.110% | $39K | $281K | 10x | as long as short |
| GRVT XPT_USDT_Perp | +0.1214% | 4h | 1,784.7 | +0.089% | $205K | $799K | 25x | as long as short |
| OKX XPT-USDT-SWAP | +0.1280% | 8h | 1,783.7 | +0.034% | $1.0M | $741K | 50x | as long as short |
Lighter XPT
Gate XPT_USDT
Aster XPTUSDT
BloFin XPT-USDT
Variational Omni XPT
Binance XPTUSDT
Bitget XPTUSDT
edgeX XPTUSDC
GRVT XPT_USDT_Perp
OKX XPT-USDT-SWAP