Funding you earn now, next payment 08:00 UTC+0.0308%/8h= +33.7% APRnext payment +$1.54 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against KuCoin+0.040%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$205as in the Funding arb table
Net, price: spread back to 7d avg − costs−$196as in the Price arb table
costs, in and out, $10k−$1991.993% of the position
Funding, last 7 days−0.055%−$5 on $10k
+Price spread, last 4 days (all we have)−0.082%−$8 · spread now +0.040%, 7d avg +0.010%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and MEXC is 0.030% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.010%. Mind the row above: over the last 7 days funding on this pair cost −0.055%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.055% in total (about -2.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.54 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 FLOCKUSDTM | 0.07495 | 0.0100 | pay 0.0050% / 4h | 1h 18m | $1.2M | $804K | 20x |
| Short | MEXC FLOCK_USDT | 0.07498 | 0.0408 | get 0.0204% / 4h | 1h 18m | $339K | $286K | 100x |
KuCoin FLOCKUSDTM
MEXC FLOCK_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
- $64.68
- Price spread: +0.040% → +0.010%
- $3
- Slippage, 4 orders
- −$183.27
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$131.59
- Costs to cover
- 1.993%
- Break-even
- 21.2 days
Slippage from KuCoin: live order book, 7 min ago; MEXC: live order book, 7 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, 7 min ago | 11.50 bp | 125.7 bp −$126 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 7 min ago | 3.38 bp | 8.8 bp −$9 | 43.7 bp −$437 | 177.6 bp −$17.8K | doesn't fit |
FLOCK 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit FLOCKUSDT | +0.0100% | 4h | 0.07485 | −0.133% | $3.4M | $13.3M | 20x | as long as short |
| KuCoin FLOCKUSDTMlong | +0.0100% | 4h | 0.07495 | long leg | $1.2M | $804K | 20x | |
| Bitget FLOCKUSDT | +0.0100% | 4h | 0.07497 | +0.027% | $1.2M | $2.2M | 20x | as long as short |
| Variational Omni FLOCK | +0.0100% | 4h | 0.07481 | −0.191% | $174K | $310K | — | as long as short |
| OKX FLOCK-USDT-SWAP | +0.0215% | 4h | 0.07488 | −0.093% | $696K | $14.5M | 20x | as long as short |
| Gate FLOCK_USDT | +0.0215% | 8h | 0.07488 | −0.093% | $783K | $1.8M | 50x | as long as short |
| BingX FLOCK-USDT | +0.0352% | 4h | 0.07492 | −0.040% | — | $6.7M | — | as long as short |
| MEXC FLOCK_USDTshort | +0.0408% | 4h | 0.07498 | +0.040% | $339K | $286K | 100x | |
| Binance FLOCKUSDT | +0.0435% | 4h | 0.07498 | +0.040% | $5.8M | $39.5M | 50x | as long as short |
| BloFin FLOCK-USDT | +0.0451% | 4h | 0.07508 | +0.173% | $263K | $93K | 50x | as long as short |
Bybit FLOCKUSDT
Bitget FLOCKUSDT
Variational Omni FLOCK
OKX FLOCK-USDT-SWAP
Gate FLOCK_USDT
BingX FLOCK-USDT
Binance FLOCKUSDT
BloFin FLOCK-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FLOCKUSDT | +0.1549% | 4h | 0.07508 | +0.173% | $1.6M | $3.7M | 5x | as long as short |
Aster FLOCKUSDT