Funding you earn now, next payment 04:00 UTC+0.0146%/8h= +16.0% APRnext payment +$0.73 per $10,000 · paid last 24h +0.066%
Price spread now: MEXC against KuCoin+0.059%7-day average +0.140% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,224as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,238as in the Price arb table
costs, in and out, $10k−$1,23012.298% of the position
Funding, last 7 days+0.057%+$6 on $10k
+Price spread, last 4 days (all we have)−0.138%−$14 · spread now +0.059%, 7d avg +0.140%
=Funding pays, the price is against you. MEXC is 0.080% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.059% now, against its 7-day average of +0.140%). If the spread goes back, that is −$8 on $10k: about 44 hours of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.057% in total) that is about 9.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GWEIUSDTM | 0.02360 | 0.0100 | pay 0.0050% / 4h | 1h 02m | $464K | $23K | 20x |
| Short | MEXC GWEI_USDT | 0.02361 | 0.0246 | get 0.0123% / 4h | 1h 02m | $116K | $89K | 20x |
KuCoin GWEIUSDTM
MEXC GWEI_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
- $30.66
- Price spread: +0.059% → +0.140%
- −$8.02
- Slippage, 4 orders
- −$1,213.76
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$1,207.12
- Costs to cover
- 12.298%
- Break-even
- 282.6 days
Slippage from KuCoin: live order book, 20 min ago; MEXC: live order book, 32 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, 20 min ago | 23.21 bp | 809.8 bp −$810 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 32 min ago | 2.17 bp | 22.7 bp −$23 | 120.2 bp −$1,202 | 423.9 bp −$42.4K | doesn't fit |
GWEI 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GWEIUSDTMlong | +0.0100% | 4h | 0.02360 | long leg | $464K | $23K | 20x | |
| Variational Omni GWEI | +0.0100% | 4h | 0.02376 | +0.697% | $4K | $55 | — | as long as short |
| Bybit GWEIUSDT | +0.0165% | 4h | 0.02365 | +0.229% | $395K | $173K | 25x | as long as short |
| Bitget GWEIUSDT | +0.0204% | 4h | 0.02360 | +0.017% | $1.9M | $274K | 20x | as long as short |
| Binance GWEIUSDT | +0.0237% | 4h | 0.02362 | +0.112% | $2.6M | $3.1M | 50x | as long as short |
| Extended GWEI-USD | +0.0240% | 1h | 0.02359 | −0.009% | $6K | $128K | 5x | as long as short |
| MEXC GWEI_USDTshort | +0.0246% | 4h | 0.02361 | +0.059% | $116K | $89K | 20x | |
| BingX GWEI-USDT | +0.0250% | 4h | 0.02359 | −0.025% | — | $1.6M | — | as long as short |
| BloFin GWEI-USDT | +0.0255% | 4h | 0.02371 | +0.483% | $178K | $33K | 50x | as long as short |
| Gate GWEI_USDT | +0.1092% | 4h | 0.02361 | +0.038% | $398K | $440K | 10x | as long as short |
Variational Omni GWEI
Bybit GWEIUSDT
Bitget GWEIUSDT
Binance GWEIUSDT
Extended GWEI-USD
BingX GWEI-USDT
BloFin GWEI-USDT
Gate GWEI_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GWEIUSDT | +0.1449% | 4h | 0.02359 | −0.011% | $18K | $21K | 10x | as long as short |
Aster GWEIUSDT