Funding you earn now, next payment 04:00 UTC+0.0140%/8h= +15.3% APRnext payment +$0.70 per $10,000 · paid last 24h +0.022%
Price spread now: KuCoin against MEXC−0.062%7-day average +0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$912as in the Funding arb table
Net, price: spread back to 7d avg − costs−$933as in the Price arb table
costs, in and out, $10k−$9239.227% of the position
Funding, last 7 days+0.108%+$11 on $10k
+Price spread, last 4 days (all we have)−0.152%−$15 · spread now −0.062%, 7d avg +0.045%
=Funding pays, the price is against you. KuCoin is 0.108% cheaper against MEXC than usual: you would sell low and buy high (spread −0.062% now, against its 7-day average of +0.045%). If the spread goes back, that is −$11 on $10k: about 2.6 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.108% in total) that is about 7.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC AWE_USDT | 0.06405 | 0.0100 | pay 0.0050% / 4h | 1h 00m | $1.1M | $134K | 20x |
| Short | KuCoin AWEUSDTM | 0.06401 | 0.0240 | get 0.0120% / 4h | 1h 00m | $146K | $61K | 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
- $29.4
- Price spread: −0.062% → +0.045%
- −$10.78
- Slippage, 4 orders
- −$906.68
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$904.06
- Costs to cover
- 9.227%
- Break-even
- 222.3 days
Slippage from MEXC: live order book, just now; KuCoin: live order book, 14 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, just now | 4.68 bp | 22.3 bp −$22 | 60.1 bp −$601 | 164.7 bp −$16.5K | doesn't fit |
| Sell KuCoin live order book, 14 min ago | 9.36 bp | 642.0 bp −$642 | doesn't fit | doesn't fit | doesn't fit |
AWE 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AWEUSDT | +0.0100% | 4h | 0.06409 | +0.061% | $2K | $8K | 5x | as long as short |
| Binance AWEUSDT | +0.0100% | 4h | 0.06405 | 0.000% | $2.2M | $1.4M | 40x | as long as short |
| Bybit AWEUSDT | +0.0100% | 4h | 0.06406 | +0.016% | $536K | $226K | 25x | as long as short |
| MEXC AWE_USDTlong | +0.0100% | 4h | 0.06405 | long leg | $1.1M | $134K | 20x | |
| Bitget AWEUSDT | +0.0100% | 4h | 0.06409 | +0.056% | $446K | $266K | 40x | as long as short |
| BingX AWE-USDT | +0.0100% | 4h | 0.06410 | +0.078% | — | $6.5M | — | as long as short |
| BloFin AWE-USDT | +0.0129% | 4h | 0.06410 | +0.078% | $144K | $27K | 40x | as long as short |
| KuCoin AWEUSDTMshort | +0.0240% | 4h | 0.06401 | −0.062% | $146K | $61K | 20x | |
| Gate AWE_USDT | +0.0719% | 8h | 0.06401 | −0.062% | $46K | $35K | 25x | as long as short |
MEXC AWE_USDT
KuCoin AWEUSDTM
Aster AWEUSDT
Binance AWEUSDT
Bybit AWEUSDT
Bitget AWEUSDT
BingX AWE-USDT
BloFin AWE-USDT
Gate AWE_USDT