Funding you earn now, next payment 06:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h −3.186%
Price spread now: KuCoin against MEXC+3.874%7-day average +0.699% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,550as in the Funding arb table
Net, price: spread back to 7d avg − costs−$222as in the Price arb table
costs, in and out, $10k−$5405.399% of the position
Funding, last 7 days−20.097%−$2,010 on $10k
+Price spread, last 7 days−6.729%−$673 · spread now +3.874%, 7d avg +0.699%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 3.175% dearer against MEXC than usual: you sell high and buy low: +$317 more if the spread goes back to its 7-day average of +0.699%. Mind the row above: over the last 7 days funding on this pair cost −20.097%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ONE_USDT | 0.003978 | −0.0512 | get 0.0064% / 1h | 3m 41s | $11.2M | $14.9M | 20x |
| Short | KuCoin ONEUSDTM | 0.004132 | −0.0416 | pay 0.0052% / 1h | 3m 41s | $3.8M | $12.0M | 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
- $20.16
- Price spread: +3.874% → +0.699%
- $317.45
- Slippage, 4 orders
- −$523.86
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$202.25
- Costs to cover
- 5.399%
- Break-even
- 77.2 days
Slippage from MEXC: live order book, 5 min ago; KuCoin: live order book, 5 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, 5 min ago | 0.13 bp | 24.9 bp −$25 | 72.9 bp −$729 | 266.8 bp −$26.7K | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 3.60 bp | 226.1 bp −$226 | doesn't fit | doesn't fit | doesn't fit |
ONE on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ONE-USDT-SWAP | −5.5885% | 1h | 0.005394 | +35.589% | $6.5M | $235.0M | 10x | as long as short |
| Variational Omni ONE | −0.4716% | 1h | 0.003950 | −0.705% | $98K | $47K | — | as long as short |
| Bitget ONEUSDT | −0.1544% | 1h | 0.004004 | +0.659% | $1.9M | $30.7M | 20x | as long as short |
| BloFin ONE-USDT | −0.1487% | 1h | 0.003957 | −0.533% | $785K | $2.1M | 50x | as long as short |
| Aster ONEUSDT | −0.0968% | 1h | 0.003974 | −0.101% | $2.1M | $5.8M | 5x | as long as short |
| Binance ONEUSDT | −0.0513% | 1h | 0.003977 | −0.013% | $13.7M | $326.8M | 50x | as long as short |
| MEXC ONE_USDTlong | −0.0512% | 1h | 0.003978 | long leg | $11.2M | $14.9M | 20x | |
| KuCoin ONEUSDTMshort | −0.0416% | 1h | 0.004132 | +3.874% | $3.8M | $12.0M | 30x | |
| Gate ONE_USDT | −0.0327% | 8h | 0.003976 | −0.048% | $1.7M | $15.2M | 20x | as long as short |
| BingX ONE-USDT | −0.0048% | 1h | 0.003978 | −0.008% | — | $5.4M | — | as long as short |
MEXC ONE_USDT
KuCoin ONEUSDTM
OKX ONE-USDT-SWAP
Variational Omni ONE
Bitget ONEUSDT
BloFin ONE-USDT
Aster ONEUSDT
Binance ONEUSDT
Gate ONE_USDT
BingX ONE-USDT