Settings8H · net · $10k
Funding arb · Price arb /

NOT

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0032%/8h= −3.5% APRnext payment $0.16 per $10,000 · paid last 24h −0.018%
Price spread now: KuCoin against MEXC−0.040%7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$229as in the Funding arb table
Net, price: spread back to 7d avg − costs−$222as in the Price arb table
costs, in and out, $10k−$2242.241% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.049%−$5 on $10k
Price spread, last 4 days (all we have)+0.001%$0 · spread now −0.040%, 7d avg −0.059%
Together, before fees−0.048%−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.059%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC NOT_USDT0.00050300.0100pay 0.0050% / 4h1h 41m$1.3M$437K200x
ShortKuCoin NOTUSDTM0.00050280.0068get 0.0034% / 4h1h 41m$478K$136K50x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$6.72
Price spread: −0.040% → −0.059%
$1.9
Slippage, 4 orders
−$208.09
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$228.91
Costs to cover
2.241%
Break-even
never at this rate
Slippage from MEXC: live order book, 4 min ago; KuCoin: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 4 min ago2.99 bp9.1 bp −$932.8 bp −$32892.2 bp −$9,220116.7 bp −$58.3K
Sell KuCoin live order book, 2 min ago12.94 bp85.2 bp −$85345.7 bp −$3,457doesn't fitdoesn't fit

NOT on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NOT−0.0049%4h0.0005015−0.306%$71K$38Kas long as short
Injective NOT/USDC PERP+0.0033%1h0.0004874−3.101%$1K$13K5.5xas long as short
BloFin NOT-USDT+0.0060%4h0.0005031+0.020%$109K$18K50xas long as short
KuCoin NOTUSDTMshort+0.0068%4h0.0005028−0.040%$478K$136K50x
Lighter 1000NOT+0.0096%1h0.0005039+0.183%$11K$4K3xas long as short
Hyperliquid NOT+0.0100%1h0.0005020−0.199%$338K$69K3xas long as short
Aster NOTUSDT+0.0100%4h0.0005031+0.020%$14K$9K5xas long as short
Binance NOTUSDT+0.0100%4h0.00050300.000%$2.1M$3.1M50xas long as short
Bybit NOTUSDT+0.0100%4h0.0005024−0.119%$2.1M$888K25xas long as short
OKX NOT-USDT-SWAP+0.0100%4h0.0005034+0.080%$640K$709K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NOT_USDT+0.0100%4h0.00050300.000%$139K$57K50xas long as short
MEXC NOT_USDTlong+0.0100%4h0.0005030long leg$1.3M$437K200x
Bitget NOTUSDT+0.0100%4h0.0005033+0.060%$673K$502K50xas long as short
BingX NOT-USDC+0.0100%4h0.0005029−0.020%$729Kas long as short
Extended kNOT-USD+0.0104%1h0.0005029−0.024%$4K5xas long as short
Kraken Futures PF_NOTUSD+0.1940%1h0.0005041+0.221%$49K$9K10xas long as short