Funding you earn now, next payment 04:00 UTC+0.0678%/8h= +74.2% APRnext payment +$3.39 per $10,000 · paid last 24h +0.170%
Price spread now: KuCoin against MEXC−0.045%7-day average +0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$196as in the Funding arb table
Net, price: spread back to 7d avg − costs−$244as in the Price arb table
costs, in and out, $10k−$2302.303% of the position
Funding, last 7 days+0.344%+$34 on $10k
+Price spread, last 4 days (all we have)+0.174%+$17 · spread now −0.045%, 7d avg +0.090%
=Funding pays, the price is against you. KuCoin is 0.135% cheaper against MEXC than usual: you would sell low and buy high (spread −0.045% now, against its 7-day average of +0.090%). If the spread goes back, that is −$14 on $10k: about 16 hours of funding at the current rate (+$20 a day). At the pace of the last 7 days (+0.344% in total) that is about 2.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.344% in total (about 17.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.39 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MUBARAK_USDT | 0.04427 | 0.0100 | pay 0.0050% / 4h | 2h 58m | $865K | $1.5M | 50x |
| Short | KuCoin MUBARAKUSDTM | 0.04425 | 0.0778 | get 0.0389% / 4h | 2h 58m | $1.6M | $1.1M | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against MEXC. 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
- $142.38
- Price spread: −0.045% → +0.090%
- −$13.53
- Slippage, 4 orders
- −$214.34
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$101.49
- Costs to cover
- 2.303%
- Break-even
- 12.0 days
Slippage from MEXC: live order book, 3 min ago; KuCoin: live order book, 3 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 MEXC live order book, 3 min ago | 12.40 bp | 52.4 bp −$52 | 92.0 bp −$920 | 224.6 bp −$22.5K | 504.8 bp −$252.4K |
| Sell KuCoin live order book, 3 min ago | 7.90 bp | 79.9 bp −$80 | doesn't fit | doesn't fit | doesn't fit |
MUBARAK 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MUBARAKUSD | −0.0455% | 1h | 0.04412 | −0.343% | $63K | $429K | 10x | as long as short |
| Binance MUBARAKUSDT | +0.0100% | 4h | 0.04422 | −0.116% | $16.0M | $88.2M | 25x | as long as short |
| Bybit MUBARAKUSDT | +0.0100% | 4h | 0.04424 | −0.072% | $3.3M | $10.8M | 25x | as long as short |
| OKX MUBARAK-USDT-SWAP | +0.0100% | 4h | 0.04428 | +0.014% | $2.6M | $54.4M | 20x | as long as short |
| MEXC MUBARAK_USDTlong | +0.0100% | 4h | 0.04427 | long leg | $865K | $1.5M | 50x | |
| Bitget MUBARAKUSDT | +0.0100% | 4h | 0.04429 | +0.045% | $2.8M | $7.2M | 25x | as long as short |
| BingX MUBARAK-USDT | +0.0100% | 4h | 0.04431 | +0.090% | — | $3.1M | — | as long as short |
| Variational Omni MUBARAK | +0.0100% | 4h | 0.04438 | +0.248% | $13K | $51K | — | as long as short |
| Aster MUBARAKUSDT | +0.0214% | 4h | 0.04423 | −0.090% | $22K | $400K | 5x | as long as short |
| Gate MUBARAK_USDT | +0.0588% | 4h | 0.04425 | −0.045% | $7.0M | $5.3M | 50x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MUBARAKUSDTMshort | +0.0778% | 4h | 0.04425 | −0.045% | $1.6M | $1.1M | 30x |
MEXC MUBARAK_USDT
KuCoin MUBARAKUSDTM
Kraken Futures PF_MUBARAKUSD
Binance MUBARAKUSDT
Bybit MUBARAKUSDT
OKX MUBARAK-USDT-SWAP
Bitget MUBARAKUSDT
BingX MUBARAK-USDT
Variational Omni MUBARAK
Aster MUBARAKUSDT
Gate MUBARAK_USDT