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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC NOT_USDT | 0.0005030 | 0.0100 | pay 0.0050% / 4h | 1h 41m | $1.3M | $437K | 200x |
| Short | KuCoin NOTUSDTM | 0.0005028 | 0.0068 | get 0.0034% / 4h | 1h 41m | $478K | $136K | 50x |
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
- −$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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 4 min ago | 2.99 bp | 9.1 bp −$9 | 32.8 bp −$328 | 92.2 bp −$9,220 | 116.7 bp −$58.3K |
| Sell KuCoin live order book, 2 min ago | 12.94 bp | 85.2 bp −$85 | 345.7 bp −$3,457 | doesn't fit | doesn't fit |
NOT on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NOT | −0.0049% | 4h | 0.0005015 | −0.306% | $71K | $38K | — | as long as short |
| Injective NOT/USDC PERP | +0.0033% | 1h | 0.0004874 | −3.101% | $1K | $13K | 5.5x | as long as short |
| BloFin NOT-USDT | +0.0060% | 4h | 0.0005031 | +0.020% | $109K | $18K | 50x | as long as short |
| KuCoin NOTUSDTMshort | +0.0068% | 4h | 0.0005028 | −0.040% | $478K | $136K | 50x | |
| Lighter 1000NOT | +0.0096% | 1h | 0.0005039 | +0.183% | $11K | $4K | 3x | as long as short |
| Hyperliquid NOT | +0.0100% | 1h | 0.0005020 | −0.199% | $338K | $69K | 3x | as long as short |
| Aster NOTUSDT | +0.0100% | 4h | 0.0005031 | +0.020% | $14K | $9K | 5x | as long as short |
| Binance NOTUSDT | +0.0100% | 4h | 0.0005030 | 0.000% | $2.1M | $3.1M | 50x | as long as short |
| Bybit NOTUSDT | +0.0100% | 4h | 0.0005024 | −0.119% | $2.1M | $888K | 25x | as long as short |
| OKX NOT-USDT-SWAP | +0.0100% | 4h | 0.0005034 | +0.080% | $640K | $709K | 20x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NOT_USDT | +0.0100% | 4h | 0.0005030 | 0.000% | $139K | $57K | 50x | as long as short |
| MEXC NOT_USDTlong | +0.0100% | 4h | 0.0005030 | long leg | $1.3M | $437K | 200x | |
| Bitget NOTUSDT | +0.0100% | 4h | 0.0005033 | +0.060% | $673K | $502K | 50x | as long as short |
| BingX NOT-USDC | +0.0100% | 4h | 0.0005029 | −0.020% | — | $729K | — | as long as short |
| Extended kNOT-USD | +0.0104% | 1h | 0.0005029 | −0.024% | $4K | — | 5x | as long as short |
| Kraken Futures PF_NOTUSD | +0.1940% | 1h | 0.0005041 | +0.221% | $49K | $9K | 10x | as long as short |
MEXC NOT_USDT
KuCoin NOTUSDTM
Variational Omni NOT
Injective NOT/USDC PERP
BloFin NOT-USDT
Lighter 1000NOT
Hyperliquid NOT
Aster NOTUSDT
Binance NOTUSDT
Bybit NOTUSDT
OKX NOT-USDT-SWAP
Gate NOT_USDT
Bitget NOTUSDT
BingX NOT-USDC
Extended kNOT-USD
Kraken Futures PF_NOTUSD