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

T

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0382%/8h= +41.8% APRnext payment +$1.91 per $10,000 · paid last 24h −0.058%
Price spread now: MEXC against KuCoin−0.019%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$303as in the Funding arb table
Net, price: spread back to 7d avg − costs−$237as in the Price arb table
costs, in and out, $10k−$2382.385% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.646%−$65 on $10k
Price spread, last 7 days−0.159%−$16 · spread now −0.019%, 7d avg −0.029%
Together, before fees−0.805%−$80 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.029%, so right now this pair is about funding alone: +$11 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.646%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TUSDTM0.005178−0.0940get 0.0470% / 4h1h 23m$1.4M$108K12x
ShortMEXC T_USDT0.005177−0.0558pay 0.0279% / 4h1h 23m$3.1M$265K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against KuCoin. 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
$80.22
Price spread: −0.019% → −0.029%
$0.98
Slippage, 4 orders
−$222.47
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$157.26
Costs to cover
2.385%
Break-even
20.7 days
Slippage from KuCoin: live order book, 1 min ago; MEXC: live order book, 3 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 KuCoin live order book, 1 min ago8.69 bp118.0 bp −$118doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago0.97 bp9.2 bp −$925.8 bp −$258112.2 bp −$11.2Kdoesn't fit

T on 8 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
Kraken Futures PF_TUSD−0.4826%1h0.005175−0.053%$2K$2K10xas long as short
Bybit TUSDT−0.0952%4h0.0051780.000%$1.6M$2.2M25xas long as short
KuCoin TUSDTMlong−0.0940%4h0.005178long leg$1.4M$108K12x
Variational Omni T−0.0907%4h0.005173−0.099%$7K$13Kas long as short
Gate T_USDT−0.0820%4h0.005188+0.193%$215K$120K20xas long as short
Bitget TUSDT−0.0652%4h0.005170−0.154%$888K$765K50xas long as short
Binance TUSDT−0.0567%4h0.005176−0.035%$3.2M$10.1M50xas long as short
MEXC T_USDTshort−0.0558%4h0.005177−0.019%$3.1M$265K20x