Funding you earn now, next payment 00:00 UTC−0.0102%/8h= −11.2% APRnext payment −$0.51 per $10,000 · paid last 24h −0.080%
Price spread now: MEXC against KuCoin−0.214%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$689as in the Funding arb table
Net, price: spread back to 7d avg − costs−$678as in the Price arb table
costs, in and out, $10k−$6616.613% of the position
Funding, last 7 days−0.280%−$28 on $10k
+Price spread, last 4 days (all we have)+0.185%+$19 · spread now −0.214%, 7d avg −0.050%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and MEXC is 0.163% cheaper against KuCoin than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.050%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LAUSDTM | 0.07489 | 0.0050 | pay 0.0025% / 4h | 39m 06s | $1.0M | $60K | 30x |
| Short | MEXC LA_USDT | 0.07473 | −0.0052 | pay 0.0026% / 4h | 39m 06s | $400K | $139K | 50x |
KuCoin LAUSDTM
MEXC LA_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
- −$21.42
- Price spread: −0.214% → −0.050%
- −$16.34
- Slippage, 4 orders
- −$645.34
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$699.1
- Costs to cover
- 6.613%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, just now; MEXC: live order book, 22 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, just now | 8.03 bp | 117.7 bp −$118 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 22 min ago | 0.67 bp | 9.0 bp −$9 | 42.4 bp −$424 | 391.6 bp −$39.2K | doesn't fit |
LA 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LAUSDT | −0.0194% | 4h | 0.07489 | 0.000% | $2.1M | $507K | 25x | as long as short |
| Gate LA_USDT | −0.0166% | 4h | 0.07485 | −0.053% | $249K | $792K | 50x | as long as short |
| BingX LA-USDT | −0.0154% | 4h | 0.07490 | +0.013% | — | $6.6M | — | as long as short |
| Aster LAUSDT | −0.0107% | 4h | 0.07490 | +0.011% | $52K | $8K | 5x | as long as short |
| BloFin LA-USDT | −0.0099% | 4h | 0.07482 | −0.093% | $251K | $19K | 25x | as long as short |
| Binance LAUSDT | −0.0060% | 4h | 0.07471 | −0.240% | $4.7M | $8.5M | 25x | as long as short |
| MEXC LA_USDTshort | −0.0052% | 4h | 0.07473 | −0.214% | $400K | $139K | 50x | |
| KuCoin LAUSDTMlong | +0.0050% | 4h | 0.07489 | long leg | $1.0M | $60K | 30x | |
| Bybit LAUSDT | +0.0100% | 4h | 0.07480 | −0.120% | $2.4M | $2.3M | 25x | as long as short |
| OKX LA-USDT-SWAP | +0.0100% | 4h | 0.07475 | −0.187% | $1.3M | $2.8M | 20x | as long as short |
Bitget LAUSDT
Gate LA_USDT
BingX LA-USDT
Aster LAUSDT
BloFin LA-USDT
Binance LAUSDT
Bybit LAUSDT
OKX LA-USDT-SWAPShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07483 | −0.081% | $150K | $468K | 10x | as long as short |
GRVT LA_USDT_Perp