Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: MEXC against KuCoin−0.080%7-day average +0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$425as in the Funding arb table
Net, price: spread back to 7d avg − costs−$434as in the Price arb table
costs, in and out, $10k−$4224.219% of the position
Funding, last 7 days−0.034%−$3 on $10k
+Price spread, last 4 days (all we have)−0.030%−$3 · spread now −0.080%, 7d avg +0.040%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.120% cheaper against KuCoin than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin IDUSDTM | 0.03749 | 0.0100 | pay 0.0050% / 4h | 37m 56s | $1.1M | $64K | 30x |
| Short | MEXC ID_USDT | 0.03746 | 0.0100 | get 0.0050% / 4h | 37m 56s | $418K | $158K | 20x |
Funding 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
- $0
- Price spread: −0.080% → +0.040%
- −$11.96
- Slippage, 4 orders
- −$405.85
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$433.81
- Costs to cover
- 4.219%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; MEXC: live order book, 23 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 | 6.66 bp | 154.9 bp −$155 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 23 min ago | 1.33 bp | 8.7 bp −$9 | 25.6 bp −$256 | 121.0 bp −$12.1K | 204.4 bp −$102.2K |
ID 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster IDUSDT | +0.0100% | 4h | 0.03742 | −0.195% | $9K | $135 | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03748 | −0.027% | $2.4M | $3.4M | 50x | as long as short |
| Bybit IDUSDT | +0.0100% | 8h | 0.03750 | +0.027% | $1.4M | $1.1M | 25x | as long as short |
| Gate ID_USDT | +0.0100% | 4h | 0.03746 | −0.080% | $248K | $240K | 25x | as long as short |
| MEXC ID_USDTshort | +0.0100% | 4h | 0.03746 | −0.080% | $418K | $158K | 20x | |
| KuCoin IDUSDTMlong | +0.0100% | 4h | 0.03749 | long leg | $1.1M | $64K | 30x | |
| Bitget IDUSDT | +0.0100% | 4h | 0.03750 | +0.027% | $792K | $592K | 50x | as long as short |
| BingX ID-USDT | +0.0100% | 4h | 0.03744 | −0.133% | — | $2.3M | — | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03767 | +0.468% | $12K | $20K | — | as long as short |
| BloFin ID-USDT | +0.0148% | 4h | 0.03748 | −0.027% | $162K | $12K | 50x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSD | +0.0441% | 1h | 0.03748 | −0.021% | $4K | $2K | 10x | as long as short |
KuCoin IDUSDTM
MEXC ID_USDT
Aster IDUSDT
Binance IDUSDT
Bybit IDUSDT
Gate ID_USDT
Bitget IDUSDT
BingX ID-USDT
Variational Omni ID
BloFin ID-USDT
Kraken Futures PF_IDUSD