Funding you earn now, next payment 08:00 UTC−0.0874%/8h= −95.7% APRnext payment −$4.37 per $10,000 · paid last 24h −0.234%
Price spread now: KuCoin against MEXC+0.133%7-day average −0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$232as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1651.652% of the position
Funding, last 7 days−0.669%−$67 on $10k
+Price spread, last 4 days (all we have)−0.224%−$22 · spread now +0.133%, 7d avg −0.078%
=The price spread pays, funding is against you. KuCoin is 0.211% dearer against MEXC than usual: you sell high and buy low (spread +0.133% now, against its 7-day average of −0.078%): +$21 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 7 days (−0.669% in total) that is about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BTW_USDT | 0.8254 | 0.1044 | pay 0.0522% / 4h | 2h 47m | $9.4M | $6.5M | 20x |
| Short | KuCoin BTWUSDTM | 0.8265 | 0.0170 | get 0.0085% / 4h | 2h 47m | $7.3M | $4.9M | 10x |
MEXC BTW_USDT
KuCoin BTWUSDTMFunding 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
- −$183.54
- Price spread: +0.133% → −0.078%
- $21.1
- Slippage, 4 orders
- −$153.23
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$327.67
- Costs to cover
- 1.652%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; KuCoin: live order book, 5 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, 5 min ago | 1.22 bp | 7.2 bp −$7 | 23.9 bp −$239 | 235.6 bp −$23.6K | 797.0 bp −$398.5K |
| Sell KuCoin live order book, 5 min ago | 11.03 bp | 100.7 bp −$101 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| HTX BTW-USDT | +0.0100% | 4h | 0.8260 | +0.079% | $213K | $796K | 10x | as long as short |
| KuCoin BTWUSDTMshort | +0.0170% | 4h | 0.8265 | +0.133% | $7.3M | $4.9M | 10x | |
| Bybit BTWUSDT | +0.0628% | 4h | 0.8256 | +0.019% | $15.9M | $41.4M | 10x | as long as short |
| Bitget BTWUSDT | +0.0708% | 4h | 0.8271 | +0.210% | $26.0M | $15.2M | 5x | as long as short |
| Aster BTWUSDT | +0.0736% | 4h | 0.8258 | +0.052% | $2.3M | $3.2M | 5x | as long as short |
| BingX BTW-USDT | +0.0992% | 4h | 0.8262 | +0.097% | — | $4.3M | — | as long as short |
| edgeX BTWUSDC | +0.1035% | 4h | 0.8266 | +0.141% | $341K | $503K | 10x | as long as short |
| Binance BTWUSDT | +0.1037% | 4h | 0.8258 | +0.048% | $115.1M | $181.1M | 10x | as long as short |
| MEXC BTW_USDTlong | +0.1044% | 4h | 0.8254 | long leg | $9.4M | $6.5M | 20x | |
| Extended BTW-USD | +0.1048% | 1h | 0.8261 | +0.081% | $36K | $15K | 5x | as long as short |
HTX BTW-USDT
Bybit BTWUSDT
Bitget BTWUSDT
Aster BTWUSDT
BingX BTW-USDT
edgeX BTWUSDC
Binance BTWUSDT
Extended BTW-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BTW_USDT | +0.1388% | 4h | 0.8248 | −0.072% | $3.4M | $17.8M | 10x | as long as short |
Gate BTW_USDT