Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against KuCoin+0.014%7-day average −0.097% · you sell dearer than you buy
Net, funding: paid 7d − costs−$467as in the Funding arb table
Net, price: spread back to 7d avg − costs−$456as in the Price arb table
costs, in and out, $10k−$4674.667% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 4 days (all we have)−0.235%−$24 · spread now +0.014%, 7d avg −0.097%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.112% dearer against KuCoin than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.097%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin USUALUSDTM | 0.01383 | 0.0100 | pay 0.0050% / 4h | 44m 21s | $165K | $83K | 20x |
| Short | MEXC USUAL_USDT | 0.01383 | 0.0100 | get 0.0050% / 4h | 44m 21s | $6.0M | $201K | 100x |
KuCoin USUALUSDTM
MEXC USUAL_USDTFunding 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
- $0
- Price spread: +0.014% → −0.097%
- $11.17
- Slippage, 4 orders
- −$450.71
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$455.54
- Costs to cover
- 4.667%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 42 min ago; MEXC: 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 KuCoin live order book, 42 min ago | 10.91 bp | 219.0 bp −$219 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 5.79 bp | 12.3 bp −$12 | 167.1 bp −$1,671 | 955.3 bp −$95.5K | doesn't fit |
USUAL on 11 exchanges
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_USUALUSD | −0.0176% | 1h | 0.01384 | +0.053% | $111K | $8K | 10x | as long as short |
| Injective USUAL/USDC PERP | +0.0033% | 1h | 0.01372 | −0.795% | $6K | $3K | 5.5x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01384 | +0.072% | $397K | $162K | 3x | as long as short |
| Binance USUALUSDT | +0.0100% | 4h | 0.01383 | −0.014% | $2.2M | $2.4M | 50x | as long as short |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01385 | +0.137% | $1.0M | $528K | 25x | as long as short |
| Gate USUAL_USDT | +0.0100% | 8h | 0.01386 | +0.217% | $938K | $77K | 50x | as long as short |
| MEXC USUAL_USDTshort | +0.0100% | 4h | 0.01383 | +0.014% | $6.0M | $201K | 100x | |
| KuCoin USUALUSDTMlong | +0.0100% | 4h | 0.01383 | long leg | $165K | $83K | 20x | |
| Bitget USUALUSDT | +0.0100% | 4h | 0.01385 | +0.145% | $770K | $362K | 50x | as long as short |
| BingX USUAL-USDT | +0.0100% | 4h | 0.01383 | 0.000% | — | $1.3M | — | as long as short |
Kraken Futures PF_USUALUSD
Injective USUAL/USDC PERP
Hyperliquid USUAL
Binance USUALUSDT
Bybit USUALUSDT
Gate USUAL_USDT
Bitget USUALUSDT
BingX USUAL-USDTShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni USUAL | +0.0100% | 4h | 0.01382 | −0.076% | $10K | $1K | — | as long as short |
Variational Omni USUAL