Funding you earn now, next payment 08:00 UTC−0.0318%/8h= −34.8% APRnext payment −$1.59 per $10,000 · paid last 24h −0.016%
Price spread now: MEXC against KuCoin+0.198%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$437as in the Funding arb table
Net, price: spread back to 7d avg − costs−$385as in the Price arb table
costs, in and out, $10k−$4003.998% of the position
Funding, last 7 days−0.372%−$37 on $10k
+Price spread, last 7 days−0.173%−$17 · spread now +0.198%, 7d avg +0.046%
=The price spread pays, funding is against you. MEXC is 0.151% dearer against KuCoin than usual: you sell high and buy low (spread +0.198% now, against its 7-day average of +0.046%): +$15 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 38 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin 4USDTM | 0.02024 | 0.0756 | pay 0.0378% / 4h | 2h 04m | $889K | $12.7M | 20x |
| Short | MEXC 4_USDT | 0.02028 | 0.0438 | get 0.0219% / 4h | 2h 04m | $1.6M | $942K | 100x |
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
- −$66.78
- Price spread: +0.198% → +0.046%
- $15.14
- Slippage, 4 orders
- −$383.76
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$451.4
- Costs to cover
- 3.998%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; MEXC: live order book, 2 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, 4 min ago | 4.96 bp | 316.6 bp −$317 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 4.94 bp | 18.7 bp −$19 | 110.2 bp −$1,102 | 274.2 bp −$27.4K | doesn't fit |
4 on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni 4 | +0.0100% | 4h | 0.02019 | −0.242% | $46K | $8K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.02022 | −0.099% | $2K | $1.4M | 20x | as long as short |
| Aster 4USDT | +0.0305% | 4h | 0.02027 | +0.166% | $240K | $113K | 5x | as long as short |
| MEXC 4_USDTshort | +0.0438% | 4h | 0.02028 | +0.198% | $1.6M | $942K | 100x | |
| Binance 4USDT | +0.0449% | 4h | 0.02026 | +0.109% | $7.9M | $13.6M | 20x | as long as short |
| Bybit 4USDT | +0.0465% | 4h | 0.02025 | +0.030% | $2.6M | $2.0M | 5x | as long as short |
| BingX 4-USDT | +0.0546% | 4h | 0.02029 | +0.252% | — | $1.4M | — | as long as short |
| Gate 4_USDT | +0.0548% | 4h | 0.02028 | +0.217% | $542K | $310K | 20x | as long as short |
| KuCoin 4USDTMlong | +0.0756% | 4h | 0.02024 | long leg | $889K | $12.7M | 20x |
KuCoin 4USDTM
MEXC 4_USDT
Variational Omni 4
SunX 4-USDT
Aster 4USDT
Binance 4USDT
Bybit 4USDT
BingX 4-USDT
Gate 4_USDT