Funding you earn now, next payment 04:00 UTC+0.0930%/8h= +101.8% APRnext payment +$4.65 per $10,000 · paid last 24h +0.145%
Price spread now: KuCoin against MEXC−0.115%7-day average +0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$492as in the Funding arb table
Net, price: spread back to 7d avg − costs−$527as in the Price arb table
costs, in and out, $10k−$5075.074% of the position
Funding, last 7 days+0.156%+$16 on $10k
+Price spread, last 4 days (all we have)+0.210%+$21 · spread now −0.115%, 7d avg +0.078%
=Funding pays, the price is against you. KuCoin is 0.193% cheaper against MEXC than usual: you would sell low and buy high (spread −0.115% now, against its 7-day average of +0.078%). If the spread goes back, that is −$19 on $10k: about 17 hours of funding at the current rate (+$28 a day). At the pace of the last 7 days (+0.156% in total) that is about 8.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.156% in total (about 8.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.65 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 | MEXC EDEN_USDT | 0.06080 | 0.0100 | pay 0.0050% / 4h | 1h 52m | $547K | $314K | 50x |
| Short | KuCoin EDENUSDTM | 0.06073 | 0.1030 | get 0.0515% / 4h | 1h 52m | $1.3M | $7.5M | 20x |
MEXC EDEN_USDT
KuCoin EDENUSDTMFunding 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
- $195.3
- Price spread: −0.115% → +0.078%
- −$19.28
- Slippage, 4 orders
- −$491.36
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$331.34
- Costs to cover
- 5.074%
- Break-even
- 18.9 days
Slippage from MEXC: live order book, 2 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, 2 min ago | 3.29 bp | 15.1 bp −$15 | 52.0 bp −$520 | 246.4 bp −$24.6K | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 6.58 bp | 56.2 bp −$56 | doesn't fit | doesn't fit | doesn't fit |
EDEN 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter EDEN | +0.0096% | 1h | 0.06079 | −0.016% | $26K | $16K | 3x | as long as short |
| Aster EDENUSDT | +0.0100% | 4h | 0.06057 | −0.386% | $64K | $85K | 5x | as long as short |
| Binance EDENUSDT | +0.0100% | 4h | 0.06080 | +0.003% | $3.6M | $9.1M | 20x | as long as short |
| MEXC EDEN_USDTlong | +0.0100% | 4h | 0.06080 | long leg | $547K | $314K | 50x | |
| SunX EDEN-USDT | +0.0100% | 4h | 0.06190 | +1.809% | $959 | $1.7M | 20x | as long as short |
| OKX EDEN-USDT-SWAP | +0.0203% | 4h | 0.06087 | +0.115% | $705K | $3.3M | 20x | as long as short |
| Gate EDEN_USDT | +0.0781% | 8h | 0.06063 | −0.280% | $221K | $473K | 20x | as long as short |
| KuCoin EDENUSDTMshort | +0.1030% | 4h | 0.06073 | −0.115% | $1.3M | $7.5M | 20x | |
| Bybit EDENUSDT | +0.1313% | 4h | 0.06064 | −0.263% | $1.6M | $1.2M | 20x | as long as short |
Lighter EDEN
Aster EDENUSDT
Binance EDENUSDT
SunX EDEN-USDT
OKX EDEN-USDT-SWAP
Gate EDEN_USDT
Bybit EDENUSDT