Funding you earn now, next payment 04:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h +0.125%
Price spread now: KuCoin against MEXC−0.310%7-day average −0.115% · you buy dearer than you sell
Net, funding: paid 7d − costs−$873as in the Funding arb table
Net, price: spread back to 7d avg − costs−$910as in the Price arb table
costs, in and out, $10k−$8908.900% of the position
Funding, last 7 days+0.171%+$17 on $10k
+Price spread, last 4 days (all we have)+0.088%+$9 · spread now −0.310%, 7d avg −0.115%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.195% cheaper against MEXC than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.115%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.171%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SPACE_USDT | 0.005162 | 0.0130 | pay 0.0065% / 4h | 3h 02m | $401K | $154K | 20x |
| Short | KuCoin SPACEUSDTM | 0.005146 | 0.0100 | get 0.0050% / 4h | 3h 02m | $650K | $103K | 20x |
MEXC SPACE_USDT
KuCoin SPACEUSDTMFunding 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
- −$6.3
- Price spread: −0.310% → −0.115%
- −$19.52
- Slippage, 4 orders
- −$874
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$915.82
- Costs to cover
- 8.900%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 53 min ago; KuCoin: live order book, 51 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, 53 min ago | 0.98 bp | 10.9 bp −$11 | 82.0 bp −$820 | 454.9 bp −$45.5K | doesn't fit |
| Sell KuCoin live order book, 51 min ago | 18.67 bp | 164.7 bp −$165 | doesn't fit | doesn't fit | doesn't fit |
SPACE on 9 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 SPACE-USDT-SWAP | +0.0100% | 4h | 0.005146 | −0.310% | $1.6M | $1.2M | 20x | as long as short |
| KuCoin SPACEUSDTMshort | +0.0100% | 4h | 0.005146 | −0.310% | $650K | $103K | 20x | |
| Bitget SPACEUSDT | +0.0100% | 4h | 0.005148 | −0.271% | $900K | $236K | 20x | as long as short |
| MEXC SPACE_USDTlong | +0.0130% | 4h | 0.005162 | long leg | $401K | $154K | 20x | |
| Binance SPACEUSDT | +0.0131% | 4h | 0.005160 | −0.036% | $1.9M | $2.1M | 50x | as long as short |
| BloFin SPACE-USDT | +0.0174% | 4h | 0.005160 | −0.039% | $158K | $9K | 50x | as long as short |
| Gate SPACE_USDT | +0.0236% | 4h | 0.005144 | −0.349% | $773K | $410K | 20x | as long as short |
| Bybit SPACEUSDT | +0.0361% | 4h | 0.005147 | −0.291% | $794K | $171K | 13x | as long as short |
| Aster SPACEUSDT | +0.1042% | 4h | 0.005155 | −0.127% | $16K | $32K | 5x | as long as short |
OKX SPACE-USDT-SWAP
Bitget SPACEUSDT
Binance SPACEUSDT
BloFin SPACE-USDT
Gate SPACE_USDT
Bybit SPACEUSDT
Aster SPACEUSDT