Funding arb · Price arb /

TUT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against MEXC+0.088%7-day average +0.052% · you sell dearer than you buy

Net, funding: paid 7d − costs−$294as in the Funding arb table

Net, price: spread back to 7d avg − costs−$309as in the Price arb table

costs, in and out, $10k−$3123.123% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.180%+$18 on $10k

Price spread, last 7 days−0.027%−$3 · spread now +0.088%, 7d avg +0.052%

Together, before fees+0.153%+$15 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.036% dearer against MEXC than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.052%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC TUT_USDT	0.02279	0.0100	pay 0.0050% / 4h	2h 10m	$2.2M	$625K	100x
Short	KuCoin TUTUSDTM	0.02281	0.0100	get 0.0050% / 4h	2h 10m	$1.8M	$607K	10x

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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee KuCoinbpOrdersPrice spread, now +0.088%Rate

Funding earned: $0
Price spread: +0.088% → +0.052%: $3.56
Slippage, 4 orders: −$300.3
Fee MEXC: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$308.74
Costs to cover: 3.123%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 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, 1 min ago	2.19 bp	8.2 bp −$8	37.5 bp −$375	225.2 bp −$22.5K	407.7 bp −$203.8K
Sell KuCoin live order book, 5 min ago	6.58 bp	195.0 bp −$195	doesn't fit	doesn't fit	doesn't fit

TUT 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
Aster TUTUSDT	−0.0161%	4h	0.02280	+0.064%	$242K	$50K	10x	as long as short
Binance TUTUSDT	+0.0100%	4h	0.02280	+0.048%	$6.7M	$13.5M	10x	as long as short
Bybit TUTUSDT	+0.0100%	4h	0.02280	+0.066%	$1.5M	$1.2M	5x	as long as short
Gate TUT_USDT	+0.0100%	4h	0.02279	−0.018%	$686K	$820K	10x	as long as short
MEXC TUT_USDTlong	+0.0100%	4h	0.02279	long leg	$2.2M	$625K	100x
KuCoin TUTUSDTMshort	+0.0100%	4h	0.02281	+0.088%	$1.8M	$607K	10x
Bitget TUTUSDT	+0.0100%	4h	0.02280	+0.044%	$6.3M	$1.7M	10x	as long as short
BingX TUT-USDT	+0.0100%	4h	0.02279	0.000%	—	$2.3M	—	as long as short
HTX TUT-USDT	+0.0100%	4h	0.02271	−0.351%	$40K	$232K	10x	as long as short
Extended TUT-USD	+0.0104%	1h	0.02280	+0.022%	$409	—	5x	as long as short