Funding you earn now, next payment 08:00 UTC−0.0444%/8h= −48.6% APRnext payment −$2.22 per $10,000 · paid last 24h −0.111%
Price spread now: KuCoin against MEXC−0.582%7-day average −0.123% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,134as in the Price arb table
costs, in and out, $10k−$1,08910.885% of the position
Funding, last 7 days−0.373%−$37 on $10k
+Price spread, last 7 days+0.483%+$48 · spread now −0.582%, 7d avg −0.123%
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and KuCoin is 0.460% cheaper against MEXC than usual: you would sell low and buy high (−$46 if the spread goes back to its 7-day average of −0.123%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC US_USDT | 0.01632 | 0.0366 | pay 0.0183% / 4h | 1h 16m | $5.5M | $115K | 100x |
| Short | KuCoin USUSDTM | 0.01622 | −0.0078 | pay 0.0039% / 4h | 1h 16m | $3.9M | $415K | 20x |
MEXC US_USDT
KuCoin USUSDTMFunding 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
- −$93.24
- Price spread: −0.582% → −0.123%
- −$45.95
- Slippage, 4 orders
- −$1,072.51
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,227.7
- Costs to cover
- 10.885%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 6 min ago; KuCoin: live order book, 1 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, 6 min ago | 2.15 bp | 32.6 bp −$33 | 75.8 bp −$758 | 514.6 bp −$51.5K | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 32.38 bp | 550.3 bp −$550 | doesn't fit | doesn't fit | doesn't fit |
US on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin USUSDTMshort | −0.0078% | 4h | 0.01622 | −0.582% | $3.9M | $415K | 20x | |
| Bybit USUSDT | +0.0100% | 4h | 0.01631 | −0.037% | $3.2M | $937K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01630 | −0.104% | $2.1M | $618K | 20x | as long as short |
| Bitget USUSDT | +0.0100% | 4h | 0.01634 | +0.141% | $4.3M | $266K | 10x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01632 | +0.007% | $16K | $4K | — | as long as short |
| Aster USUSDT | +0.0218% | 4h | 0.01630 | −0.080% | $12K | $50K | 5x | as long as short |
| Binance USUSDT | +0.0360% | 4h | 0.01632 | +0.006% | $9.1M | $3.3M | 10x | as long as short |
| Extended US-USD | +0.0360% | 1h | 0.01631 | −0.033% | $6K | $171K | 5x | as long as short |
| MEXC US_USDTlong | +0.0366% | 4h | 0.01632 | long leg | $5.5M | $115K | 100x | |
| BingX US-USDT | +0.0366% | 4h | 0.01632 | +0.012% | — | $1.3M | — | as long as short |
Bybit USUSDT
Gate US_USDT
Bitget USUSDT
Variational Omni US
Aster USUSDT
Binance USUSDT
Extended US-USD
BingX US-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin US-USDT | +0.0397% | 4h | 0.01631 | −0.018% | $479K | $49K | 10x | as long as short |
BloFin US-USDT