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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TUSDTM | 0.005178 | −0.0940 | get 0.0470% / 4h | 1h 23m | $1.4M | $108K | 12x |
| Short | MEXC T_USDT | 0.005177 | −0.0558 | pay 0.0279% / 4h | 1h 23m | $3.1M | $265K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 1 min ago | 8.69 bp | 118.0 bp −$118 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.97 bp | 9.2 bp −$9 | 25.8 bp −$258 | 112.2 bp −$11.2K | doesn't fit |
T on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TUSD | −0.4826% | 1h | 0.005175 | −0.053% | $2K | $2K | 10x | as long as short |
| Bybit TUSDT | −0.0952% | 4h | 0.005178 | 0.000% | $1.6M | $2.2M | 25x | as long as short |
| KuCoin TUSDTMlong | −0.0940% | 4h | 0.005178 | long leg | $1.4M | $108K | 12x | |
| Variational Omni T | −0.0907% | 4h | 0.005173 | −0.099% | $7K | $13K | — | as long as short |
| Gate T_USDT | −0.0820% | 4h | 0.005188 | +0.193% | $215K | $120K | 20x | as long as short |
| Bitget TUSDT | −0.0652% | 4h | 0.005170 | −0.154% | $888K | $765K | 50x | as long as short |
| Binance TUSDT | −0.0567% | 4h | 0.005176 | −0.035% | $3.2M | $10.1M | 50x | as long as short |
| MEXC T_USDTshort | −0.0558% | 4h | 0.005177 | −0.019% | $3.1M | $265K | 20x |
KuCoin TUSDTM
MEXC T_USDT
Kraken Futures PF_TUSD
Bybit TUSDT
Variational Omni T
Gate T_USDT
Bitget TUSDT
Binance TUSDT