Funding you earn now, next payment 08:00 UTC+0.0144%/8h= +15.8% APRnext payment +$0.72 per $10,000 · paid last 24h +0.016%
Price spread now: KuCoin against MEXC−0.197%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$299as in the Funding arb table
Net, price: spread back to 7d avg − costs−$351as in the Price arb table
costs, in and out, $10k−$3363.362% of the position
Funding, last 7 days+0.372%+$37 on $10k
+Price spread, last 7 days+0.149%+$15 · spread now −0.197%, 7d avg −0.046%
=Funding pays, the price is against you. KuCoin is 0.150% cheaper against MEXC than usual: you would sell low and buy high (spread −0.197% now, against its 7-day average of −0.046%). If the spread goes back, that is −$15 on $10k: about 3.5 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC 4_USDT | 0.02033 | 0.0472 | pay 0.0236% / 4h | 1h 14m | $1.7M | $954K | 100x |
| Short | KuCoin 4USDTM | 0.02029 | 0.0616 | get 0.0308% / 4h | 1h 14m | $893K | $12.8M | 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
- $30.24
- Price spread: −0.197% → −0.046%
- −$15.03
- Slippage, 4 orders
- −$320.21
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$321
- Costs to cover
- 3.362%
- Break-even
- 81.3 days
Slippage from MEXC: live order book, 2 min ago; KuCoin: live order book, 4 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, 2 min ago | 2.46 bp | 14.9 bp −$15 | 112.0 bp −$1,120 | 285.6 bp −$28.6K | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 4.91 bp | 31.3 bp −$31 | doesn't fit | doesn't fit | 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 | 0.02032 | −0.054% | $46K | $9K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.02026 | −0.344% | $2K | $1.4M | 20x | as long as short |
| Bybit 4USDT | +0.0101% | 4h | 0.02030 | −0.133% | $2.7M | $2.0M | 5x | as long as short |
| Aster 4USDT | +0.0267% | 4h | 0.02030 | −0.166% | $240K | $114K | 5x | as long as short |
| BingX 4-USDT | +0.0456% | 4h | 0.02039 | +0.290% | — | $1.4M | — | as long as short |
| MEXC 4_USDTlong | +0.0472% | 4h | 0.02033 | long leg | $1.7M | $954K | 100x | |
| Binance 4USDT | +0.0473% | 4h | 0.02034 | +0.027% | $8.0M | $13.9M | 20x | as long as short |
| KuCoin 4USDTMshort | +0.0616% | 4h | 0.02029 | −0.197% | $893K | $12.8M | 20x | |
| Gate 4_USDT | +0.0622% | 4h | 0.02034 | +0.064% | $559K | $327K | 20x | as long as short |
MEXC 4_USDT
KuCoin 4USDTM
Variational Omni 4
SunX 4-USDT
Bybit 4USDT
Aster 4USDT
BingX 4-USDT
Binance 4USDT
Gate 4_USDT