Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against OKX+0.021%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$606as in the Funding arb table
Net, price: spread back to 7d avg − costs−$605as in the Price arb table
costs, in and out, $10k−$6056.053% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 4 days (all we have)+0.075%+$8 · spread now +0.021%, 7d avg +0.017%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MEW-USDT-SWAP | 0.0004662 | 0.0100 | pay 0.0050% / 4h | 13m 44s | $521K | $687K | 20x |
| Short | KuCoin MEWUSDTM | 0.0004663 | 0.0100 | get 0.0050% / 4h | 13m 44s | $341K | $114K | 30x |
OKX MEW-USDT-SWAP
KuCoin MEWUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against OKX. 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: +0.021% → +0.017%
- $0.4
- Slippage, 4 orders
- −$583.28
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$604.88
- Costs to cover
- 6.053%
- Break-even
- never at this rate
Slippage from OKX: live order book, 62 min ago; KuCoin: live order book, 48 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 OKX live order book, 62 min ago | 4.28 bp | 30.4 bp −$30 | 8970.3 bp −$89.7K | 169082.5 bp −$16.91M | doesn't fit |
| Sell KuCoin live order book, 48 min ago | 8.54 bp | 358.8 bp −$359 | doesn't fit | doesn't fit | doesn't fit |
MEW on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX MEW/USD [WBTC.b-USDC] | L 0.0000% / S 0.0000% | 1h | 0.0004660 | −0.043% | — | — | 100x | as long as short |
| Injective MEW/USDC PERP | +0.0033% | 1h | 0.0004219 | −9.502% | $46 | $14K | 5.5x | as long as short |
| Binance MEWUSDT | +0.0100% | 4h | 0.0004664 | +0.051% | $1.1M | $2.7M | 50x | as long as short |
| Bybit MEWUSDT | +0.0100% | 4h | 0.0004659 | −0.064% | $1.5M | $1.0M | 25x | as long as short |
| OKX MEW-USDT-SWAPlong | +0.0100% | 4h | 0.0004662 | long leg | $521K | $687K | 20x | |
| Gate MEW_USDT | +0.0100% | 4h | 0.0004657 | −0.107% | $123K | $77K | 50x | as long as short |
| MEXC MEW_USDT | +0.0100% | 4h | 0.0004663 | +0.021% | $386K | $174K | 125x | as long as short |
| KuCoin MEWUSDTMshort | +0.0100% | 4h | 0.0004663 | +0.021% | $341K | $114K | 30x | |
| Bitget MEWUSDT | +0.0100% | 4h | 0.0004660 | −0.043% | $486K | $360K | 50x | as long as short |
| BingX MEW-USDT | +0.0100% | 4h | 0.0004662 | 0.000% | — | $24.2M | — | as long as short |
GMX MEW/USD [WBTC.b-USDC]
Injective MEW/USDC PERP
Binance MEWUSDT
Bybit MEWUSDT
Gate MEW_USDT
MEXC MEW_USDT
Bitget MEWUSDT
BingX MEW-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MEW | +0.0100% | 4h | 0.0004659 | −0.068% | $82K | $32K | — | as long as short |
| Kraken Futures PF_MEWUSD | +0.2274% | 1h | 0.0004667 | +0.097% | $92K | $129K | 10x | as long as short |
Variational Omni MEW
Kraken Futures PF_MEWUSD