Funding you earn now, next payment 04:00 UTC−0.0090%/8h= −9.9% APRnext payment −$0.45 per $10,000 · paid last 24h −0.014%
Price spread now: MEXC against KuCoin−0.039%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$860.861% of the position
Funding, last 7 days−0.015%−$1 on $10k
+Price spread, last 7 days−0.002%$0 · spread now −0.039%, 7d avg −0.072%
=The price spread pays, funding is against you. MEXC is 0.033% dearer against KuCoin than usual: you sell high and buy low (spread −0.039% now, against its 7-day average of −0.072%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 30 hours. At the pace of the last 7 days (−0.015% in total) that is about 16 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin 0GUSDTM | 0.2307 | 0.0190 | pay 0.0095% / 4h | 36m 33s | $2.4M | $2.4M | 50x |
| Short | MEXC 0G_USDT | 0.2306 | 0.0100 | get 0.0050% / 4h | 36m 33s | $2.0M | $198K | 50x |
Funding 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
- −$18.9
- Price spread: −0.039% → −0.072%
- $3.33
- Slippage, 4 orders
- −$70.05
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$101.62
- Costs to cover
- 0.861%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; MEXC: live order book, just now.
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, 5 min ago | 2.17 bp | 26.5 bp −$26 | 341.2 bp −$3,412 | doesn't fit | doesn't fit |
| Sell MEXC live order book, just now | 2.17 bp | 8.9 bp −$9 | 28.5 bp −$285 | 166.1 bp −$16.6K | 229.1 bp −$114.6K |
0G on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX 0G-USDT | −0.0788% | 4h | 0.2301 | −0.256% | — | $6.5M | — | as long as short |
| GMX 0G/USD [WBTC.b-USDC] | L −0.0235% / S +0.0198% | 1h | 0.2303 | −0.160% | $2K | — | 100x | as long as short |
| Aster 0GUSDT | +0.0100% | 4h | 0.2306 | −0.042% | $16K | $43K | 5x | as long as short |
| Binance 0GUSDT | +0.0100% | 4h | 0.2303 | −0.172% | $6.8M | $8.2M | 50x | as long as short |
| Bybit 0GUSDT | +0.0100% | 4h | 0.2303 | −0.169% | $2.3M | $2.1M | 50x | as long as short |
| OKX 0G-USDT-SWAP | +0.0100% | 4h | 0.2302 | −0.212% | $883K | $2.2M | 20x | as long as short |
| Gate 0G_USDT | +0.0100% | 8h | 0.2303 | −0.169% | $591K | $148K | 50x | as long as short |
| MEXC 0G_USDTshort | +0.0100% | 4h | 0.2306 | −0.039% | $2.0M | $198K | 50x | |
| Bitget 0GUSDT | +0.0100% | 4h | 0.2306 | −0.039% | $1.9M | $696K | 50x | as long as short |
| Backpack 0G_USDC_PERP | +0.0100% | 1h | 0.2306 | −0.039% | $31K | $54K | 5x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni 0G | +0.0100% | 4h | 0.2299 | −0.339% | $12K | $3K | — | as long as short |
| ApeX Omni 0GUSDT | +0.0100% | 1h | 0.2304 | −0.130% | $18K | $620K | 50x | as long as short |
| BloFin 0G-USDT | +0.0140% | 4h | 0.2303 | −0.169% | $326K | $9K | 50x | as long as short |
| KuCoin 0GUSDTMlong | +0.0190% | 4h | 0.2307 | long leg | $2.4M | $2.4M | 50x | |
| Hyperliquid 0G | +0.0918% | 1h | 0.2309 | +0.091% | $2.5M | $481K | 3x | as long as short |
| Lighter 0G | +0.1456% | 1h | 0.2309 | +0.091% | $48K | $98K | 3x | as long as short |
KuCoin 0GUSDTM
MEXC 0G_USDT
BingX 0G-USDT
GMX 0G/USD [WBTC.b-USDC]
Aster 0GUSDT
Binance 0GUSDT
Bybit 0GUSDT
OKX 0G-USDT-SWAP
Gate 0G_USDT
Bitget 0GUSDT
Backpack 0G_USDC_PERP
Variational Omni 0G
ApeX Omni 0GUSDT
BloFin 0G-USDT
Hyperliquid 0G
Lighter 0G