Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against KuCoin+0.024%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,144as in the Price arb table
costs, in and out, $10k−$1,14211.417% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.011%−$1 · spread now +0.024%, 7d avg +0.042%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin INITUSDTM | 0.08268 | 0.0100 | pay 0.0050% / 4h | 17m 42s | $323K | $57K | 25x |
| Short | MEXC INIT_USDT | 0.08270 | 0.0100 | get 0.0050% / 4h | 17m 42s | $445K | $211K | 20x |
KuCoin INITUSDTM
MEXC INIT_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
- $0
- Price spread: +0.024% → +0.042%
- −$1.76
- Slippage, 4 orders
- −$1,125.75
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$1,143.51
- Costs to cover
- 11.417%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 64 min ago; MEXC: live order book, 28 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, 64 min ago | 37.78 bp | 708.8 bp −$709 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 28 min ago | 4.25 bp | 18.5 bp −$19 | 87.2 bp −$872 | 259.2 bp −$25.9K | doesn't fit |
INIT on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_INITUSD | −0.5674% | 1h | 0.08223 | −0.543% | $3K | $19K | 10x | as long as short |
| BloFin INIT-USDT | +0.0089% | 4h | 0.08271 | +0.036% | $150K | $112K | 25x | as long as short |
| Hyperliquid INIT | +0.0100% | 1h | 0.08269 | +0.010% | $305K | $230K | 3x | as long as short |
| Aster INITUSDT | +0.0100% | 4h | 0.08268 | −0.002% | $27K | $39K | 5x | as long as short |
| Binance INITUSDT | +0.0100% | 4h | 0.08270 | +0.024% | $3.3M | $3.8M | 25x | as long as short |
| Bybit INITUSDT | +0.0100% | 4h | 0.08257 | −0.133% | $1.4M | $1.5M | 25x | as long as short |
| OKX INIT-USDT-SWAP | +0.0100% | 4h | 0.08263 | −0.060% | $138K | $665K | 10x | as long as short |
| Gate INIT_USDT | +0.0100% | 8h | 0.08262 | −0.073% | $83K | $56K | 25x | as long as short |
| MEXC INIT_USDTshort | +0.0100% | 4h | 0.08270 | +0.024% | $445K | $211K | 20x | |
| KuCoin INITUSDTMlong | +0.0100% | 4h | 0.08268 | long leg | $323K | $57K | 25x |
Kraken Futures PF_INITUSD
BloFin INIT-USDT
Hyperliquid INIT
Aster INITUSDT
Binance INITUSDT
Bybit INITUSDT
OKX INIT-USDT-SWAP
Gate INIT_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget INITUSDT | +0.0100% | 4h | 0.08260 | −0.097% | $428K | $307K | 25x | as long as short |
| BingX INIT-USDT | +0.0100% | 4h | 0.08258 | −0.121% | — | $6.6M | — | as long as short |
| Variational Omni INIT | +0.0100% | 4h | 0.08244 | −0.291% | $26K | $23K | — | as long as short |
Bitget INITUSDT
BingX INIT-USDT
Variational Omni INIT