Funding you earn now, next payment 04:00 UTC+0.0638%/8h= +69.9% APRnext payment +$3.19 per $10,000 · paid last 24h +0.217%
Price spread now: MEXC against KuCoin+0.102%7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$212as in the Funding arb table
Net, price: spread back to 7d avg − costs−$268as in the Price arb table
costs, in and out, $10k−$2712.707% of the position
Funding, last 7 days+0.588%+$59 on $10k
+Price spread, last 7 days−0.085%−$9 · spread now +0.102%, 7d avg +0.070%
=Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and MEXC is 0.032% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.070%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BTWUSDTM | 0.7631 | 0.0234 | pay 0.0117% / 4h | 2h 15m | $6.9M | $4.8M | 10x |
| Short | MEXC BTW_USDT | 0.7639 | 0.0872 | get 0.0436% / 4h | 2h 15m | $9.0M | $6.3M | 20x |
KuCoin BTWUSDTM
MEXC BTW_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
- $133.98
- Price spread: +0.102% → +0.070%
- $3.2
- Slippage, 4 orders
- −$258.72
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$133.54
- Costs to cover
- 2.707%
- Break-even
- 14.0 days
Slippage from KuCoin: live order book, 2 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, 2 min ago | 19.17 bp | 92.0 bp −$92 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 1.30 bp | 10.8 bp −$11 | 44.0 bp −$440 | 234.5 bp −$23.4K | 831.8 bp −$415.9K |
BTW on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate BTW_USDT | +0.0100% | 4h | 0.7650 | +0.246% | $3.2M | $16.4M | 10x | as long as short |
| HTX BTW-USDT | +0.0100% | 4h | 0.7637 | +0.079% | $189K | $743K | 10x | as long as short |
| KuCoin BTWUSDTMlong | +0.0234% | 4h | 0.7631 | long leg | $6.9M | $4.8M | 10x | |
| Bitget BTWUSDT | +0.0618% | 4h | 0.7644 | +0.165% | $24.0M | $13.7M | 5x | as long as short |
| Bybit BTWUSDT | +0.0735% | 4h | 0.7638 | +0.088% | $14.5M | $39.4M | 10x | as long as short |
| Aster BTWUSDT | +0.0738% | 4h | 0.7631 | −0.009% | $2.1M | $3.0M | 5x | as long as short |
| BingX BTW-USDT | +0.0804% | 4h | 0.7649 | +0.233% | — | $4.3M | — | as long as short |
| edgeX BTWUSDC | +0.0839% | 4h | 0.7520 | −1.455% | $310K | $502K | 10x | as long as short |
| MEXC BTW_USDTshort | +0.0872% | 4h | 0.7639 | +0.102% | $9.0M | $6.3M | 20x | |
| Extended BTW-USD | +0.0880% | 1h | 0.7631 | −0.001% | $33K | $15K | 5x | as long as short |
Gate BTW_USDT
HTX BTW-USDT
Bitget BTWUSDT
Bybit BTWUSDT
Aster BTWUSDT
BingX BTW-USDT
edgeX BTWUSDC
Extended BTW-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BTWUSDT | +0.0882% | 4h | 0.7638 | +0.095% | $106.2M | $170.7M | 10x | as long as short |
Binance BTWUSDT