Funding you earn now, next payment 08:00 UTC−0.0586%/8h= −64.2% APRnext payment −$2.93 per $10,000 · paid last 24h −0.051%
Price spread now: MEXC against KuCoin−0.040%7-day average +0.158% · you buy dearer than you sell
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$202as in the Price arb table
costs, in and out, $10k−$1821.821% of the position
Funding, last 7 days+0.336%+$34 on $10k
+Price spread, last 4 days (all we have)+0.424%+$42 · spread now −0.040%, 7d avg +0.158%
=Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and MEXC is 0.198% cheaper against KuCoin than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of +0.158%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.336%, 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 0.336% in total (about 17.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.93 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 | KuCoin B2USDTM | 0.5013 | 0.0732 | pay 0.0366% / 4h | 2h 06m | $998K | $303K | 50x |
| Short | MEXC B2_USDT | 0.5011 | 0.0146 | get 0.0073% / 4h | 2h 06m | $545K | $365K | 100x |
KuCoin B2USDTM
MEXC B2_USDTFunding 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
- −$123.06
- Price spread: −0.040% → +0.158%
- −$19.8
- Slippage, 4 orders
- −$162.11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$324.96
- Costs to cover
- 1.821%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; MEXC: live order book, 33 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, 3 min ago | 11.94 bp | 74.2 bp −$74 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 33 min ago | 3.96 bp | 19.9 bp −$20 | 91.9 bp −$919 | 268.8 bp −$26.9K | doesn't fit |
B2 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit B2USDT | +0.0100% | 4h | 0.5007 | −0.120% | $1.6M | $2.0M | 20x | as long as short |
| Bitget B2USDT | +0.0112% | 4h | 0.4999 | −0.279% | $2.8M | $879K | 50x | as long as short |
| MEXC B2_USDTshort | +0.0146% | 4h | 0.5011 | −0.040% | $545K | $365K | 100x | |
| Binance B2USDT | +0.0146% | 4h | 0.5011 | −0.040% | $8.2M | $10.1M | 50x | as long as short |
| BingX B2-USDT | +0.0166% | 4h | 0.5009 | −0.080% | — | $1.4M | — | as long as short |
| Aster B2USDT | +0.0403% | 4h | 0.5006 | −0.144% | $157K | $171K | 5x | as long as short |
| Variational Omni B2 | +0.0458% | 4h | 0.5020 | +0.142% | $14K | $2K | — | as long as short |
| KuCoin B2USDTMlong | +0.0732% | 4h | 0.5013 | long leg | $998K | $303K | 50x | |
| Gate B2_USDT | +0.1224% | 4h | 0.5014 | +0.020% | $910K | $408K | 20x | as long as short |
Bybit B2USDT
Bitget B2USDT
Binance B2USDT
BingX B2-USDT
Aster B2USDT
Variational Omni B2
Gate B2_USDT