Funding you earn now, next payment 08:00 UTC−0.0576%/8h= −63.1% APRnext payment −$2.88 per $10,000 · paid last 24h −0.306%
Price spread now: MEXC against KuCoin−0.226%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$419as in the Funding arb table
Net, price: spread back to 7d avg − costs−$260as in the Price arb table
costs, in and out, $10k−$2452.454% of the position
Funding, last 7 days−1.736%−$174 on $10k
+Price spread, last 4 days (all we have)−0.394%−$39 · spread now −0.226%, 7d avg −0.075%
=Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and MEXC is 0.151% cheaper against KuCoin than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.075%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LONGXIAUSDTM | 0.1803 | 0.0676 | pay 0.0338% / 4h | 1h 17m | $29.5M | $4.8M | 10x |
| Short | MEXC LONGXIA_USDT | 0.1799 | 0.0100 | get 0.0050% / 4h | 1h 17m | $1.2M | $1.5M | 50x |
KuCoin LONGXIAUSDTM
MEXC LONGXIA_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
- −$120.96
- Price spread: −0.226% → −0.075%
- −$15.08
- Slippage, 4 orders
- −$229.36
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$381.4
- Costs to cover
- 2.454%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; MEXC: live order book, 4 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 | 9.09 bp | 120.1 bp −$120 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 2.21 bp | 21.4 bp −$21 | 48.7 bp −$487 | 260.5 bp −$26.1K | 673.9 bp −$337.0K |
LONGXIA on 4 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX LONGXIA-USDT | +0.0070% | 4h | 0.1804 | +0.013% | — | $2.3M | — | as long as short |
| Bybit LONGXIAUSDT | +0.0100% | 4h | 0.1800 | −0.181% | $700K | $9.0M | 10x | as long as short |
| MEXC LONGXIA_USDTshort | +0.0100% | 4h | 0.1799 | −0.226% | $1.2M | $1.5M | 50x | |
| KuCoin LONGXIAUSDTMlong | +0.0676% | 4h | 0.1803 | long leg | $29.5M | $4.8M | 10x |
BingX LONGXIA-USDT
Bybit LONGXIAUSDT