Funding you earn now, next payment 04:00 UTC+0.0580%/8h= +63.5% APRnext payment +$2.90 per $10,000 · paid last 24h −0.143%
Price spread now: KuCoin against MEXC+0.047%7-day average −0.174% · you sell dearer than you buy
Net, funding: paid 7d − costs−$192as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1541.544% of the position
Funding, last 7 days−0.372%−$37 on $10k
+Price spread, last 4 days (all we have)−0.205%−$20 · spread now +0.047%, 7d avg −0.174%
=Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and KuCoin is 0.220% dearer against MEXC than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of −0.174%. Mind the row above: over the last 7 days funding on this pair cost −0.372%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.372% in total (about -19.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.90 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 1000RATS_USDT | 0.00004272 | 0.0650 | pay 0.0325% / 4h | 36m 29s | $810K | $164K | 125x |
| Short | KuCoin 1000RATSUSDTM | 0.00004274 | 0.1230 | get 0.0615% / 4h | 36m 29s | $649K | $86K | 30x |
MEXC 1000RATS_USDT
KuCoin 1000RATSUSDTMFunding 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
- $121.8
- Price spread: +0.047% → −0.174%
- $22.05
- Slippage, 4 orders
- −$138.45
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$10.6
- Costs to cover
- 1.544%
- Break-even
- 7.6 days
Slippage from MEXC: live order book, 14 min ago; KuCoin: live order book, 47 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, 14 min ago | 1.18 bp | 21.1 bp −$21 | 69.4 bp −$694 | 237.8 bp −$23.8K | 445.2 bp −$222.6K |
| Sell KuCoin live order book, 47 min ago | 9.44 bp | 58.8 bp −$59 | 916.6 bp −$9,166 | doesn't fit | doesn't fit |
RATS 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate RATS_USDT | +0.0100% | 4h | 0.00004258 | −0.328% | $2.5M | $447K | 25x | as long as short |
| Bitget 1000RATSUSDT | +0.0100% | 4h | 0.00004269 | −0.070% | $1.5M | $379K | 25x | as long as short |
| edgeX 1000RATSUSDC | +0.0569% | 4h | 0.00004279 | +0.163% | $34K | $294K | 10x | as long as short |
| MEXC 1000RATS_USDTlong | +0.0650% | 4h | 0.00004272 | long leg | $810K | $164K | 125x | |
| Binance 1000RATSUSDT | +0.0651% | 4h | 0.00004268 | −0.094% | $11.2M | $2.1M | 40x | as long as short |
| BloFin 1000RATS-USDT | +0.0708% | 4h | 0.00004274 | +0.047% | $1.0M | $10K | 40x | as long as short |
| KuCoin 1000RATSUSDTMshort | +0.1230% | 4h | 0.00004274 | +0.047% | $649K | $86K | 30x | |
| BingX RATS-USDT | +0.1476% | 4h | 0.00004270 | −0.047% | — | $1.3M | — | as long as short |
| Bybit 1000RATSUSDT | +0.1575% | 4h | 0.00004263 | −0.211% | $4.3M | $960K | 20x | as long as short |
| Aster 1000RATSUSDT | +0.1942% | 4h | 0.00004254 | −0.427% | $20K | $15K | 5x | as long as short |
Gate RATS_USDT
Bitget 1000RATSUSDT
edgeX 1000RATSUSDC
Binance 1000RATSUSDT
BloFin 1000RATS-USDT
BingX RATS-USDT
Bybit 1000RATSUSDT
Aster 1000RATSUSDT