Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.030%
Price spread now: MEXC against KuCoin+0.014%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$210as in the Funding arb table
Net, price: spread back to 7d avg − costs−$201as in the Price arb table
costs, in and out, $10k−$2012.009% of the position
Funding, last 7 days−0.094%−$9 on $10k
+Price spread, last 4 days (all we have)−0.032%−$3 · spread now +0.014%, 7d avg +0.018%
=The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XPDUSDTM | 1,301 | 0.0100 | pay 0.0050% / 4h | 34m 25s | $169K | $5K | 75x |
| Short | MEXC XPD_USDT | 1,301.2 | 0 | get 0.0000% / 4h | 34m 25s | $13.1M | $268K | 100x |
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
- −$21
- Price spread: +0.014% → +0.018%
- −$0.4
- Slippage, 4 orders
- −$188.93
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$222.33
- Costs to cover
- 2.009%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 40 min ago; MEXC: live order book, 4 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, 40 min ago | 21.13 bp | 68.4 bp −$68 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 6.65 bp | 13.4 bp −$13 | 14.1 bp −$141 | 64.1 bp −$6,408 | 299.0 bp −$149.5K |
XPD on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin XPD-USDT | −0.0014% | 4h | 1,301.2 | +0.015% | $30K | $20K | 100x | as long as short |
| Aster XPDUSDT | 0.0000% | 4h | 1,300.3 | −0.053% | $27K | $5K | 20x | as long as short |
| Binance XPDUSDT | 0.0000% | 4h | 1,301.3 | +0.025% | $3.8M | $4.6M | 100x | as long as short |
| OKX XPD-USDT-SWAP | 0.0000% | 8h | 1,301 | +0.001% | $323K | $468K | 50x | as long as short |
| Gate XPD_USDT | 0.0000% | 4h | 1,301.3 | +0.025% | $2.0M | $457K | 100x | as long as short |
| MEXC XPD_USDTshort | 0.0000% | 4h | 1,301.2 | +0.014% | $13.1M | $268K | 100x | |
| Variational Omni XPD | 0.0000% | 4h | 1,301.6 | +0.048% | $537K | $24K | — | as long as short |
| SunX XPD-USDT | 0.0000% | 4h | 1,298.4 | −0.197% | — | $1.8M | 10x | as long as short |
| HTX XPD-USDT | 0.0000% | 4h | 1,301 | 0.000% | $9K | $34K | 20x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,299.2 | −0.138% | — | — | — | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX XPDUSDC | +0.0015% | 4h | 1,301.7 | +0.056% | $37K | $206K | 10x | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,301.6 | +0.047% | $401K | $155K | 20x | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +2.445% | $16K | $20K | 52x | as long as short |
| tradeXYZ xyz:PALLADIUM | +0.0050% | 1h | 1,299.1 | −0.145% | $2.7M | $509K | 20x | as long as short |
| Bitget XPDUSDT | +0.0068% | 4h | 1,300.8 | −0.016% | $5.0M | $240K | 100x | as long as short |
| KuCoin XPDUSDTMlong | +0.0100% | 4h | 1,301 | long leg | $169K | $5K | 75x | |
| GRVT XPD_USDT_Perp | +0.0386% | 4h | 1,301.6 | +0.046% | $337K | $726K | 25x | as long as short |
KuCoin XPDUSDTM
MEXC XPD_USDT
BloFin XPD-USDT
Aster XPDUSDT
Binance XPDUSDT
OKX XPD-USDT-SWAP
Gate XPD_USDT
Variational Omni XPD
SunX XPD-USDT
HTX XPD-USDT
gTrade (Gains Network) XPD/USD
edgeX XPDUSDC
Lighter XPD
Injective XPD/USDC PERP
tradeXYZ xyz:PALLADIUM
Bitget XPDUSDT
GRVT XPD_USDT_Perp