Funding you earn now, next payment 07:00 UTC−0.3065%/8h= −335.6% APRpaid last 24h −0.306%
Price spread now: Kraken Futures against MEXC−0.024%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$92 a day on $10k at the current rate, and Kraken Futures is 0.024% cheaper against MEXC than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC AIXBT_USDT | 0.02342 | 0.0100 | pay 0.0050% / 4h | 1h 56m | $683K | $259K | 100x |
| Short | Kraken Futures PF_AIXBTUSD | 0.02341 | −0.2965 | pay 0.0371% / 1h | 56m 19s | $19K | $5K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$643.62
- Price spread: −0.024% → 0.000%
- −$2.42
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$660.04
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 40 min ago; Kraken Futures: no order-book sample. Net counts fees only.
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, 40 min ago | 2.19 bp | 15.0 bp −$15 | 58.4 bp −$584 | 132.6 bp −$13.3K | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
AIXBT on 14 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_AIXBTUSDshort | −0.2965% | 1h | 0.02341 | −0.024% | $19K | $5K | 10x | |
| Variational Omni AIXBT | +0.0028% | 4h | 0.02343 | +0.046% | $101K | $11K | — | as long as short |
| BloFin AIXBT-USDT | +0.0051% | 4h | 0.02351 | +0.384% | $120K | $97K | 50x | as long as short |
| Hyperliquid AIXBT | +0.0100% | 1h | 0.02344 | +0.090% | $399K | $210K | 3x | as long as short |
| Binance AIXBTUSDT | +0.0100% | 4h | 0.02342 | −0.015% | $2.5M | $3.9M | 50x | as long as short |
| Bybit AIXBTUSDT | +0.0100% | 4h | 0.02337 | −0.213% | $1.2M | $1.2M | 25x | as long as short |
| OKX AIXBT-USDT-SWAP | +0.0100% | 4h | 0.02341 | −0.043% | $495K | $1.9M | 20x | as long as short |
| Gate AIXBT_USDT | +0.0100% | 4h | 0.02344 | +0.085% | $208K | $122K | 25x | as long as short |
| MEXC AIXBT_USDTlong | +0.0100% | 4h | 0.02342 | long leg | $683K | $259K | 100x | |
| KuCoin AIXBTUSDTM | +0.0100% | 4h | 0.02341 | −0.043% | $1.2M | $1.5M | 30x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AIXBTUSDT | +0.0100% | 4h | 0.02344 | +0.085% | $659K | $604K | 20x | as long as short |
| BingX AIXBT-USDT | +0.0100% | 4h | 0.02341 | −0.043% | — | $6.6M | — | as long as short |
| GMX AIXBT/USD [ETH-USDC] | L +0.0249% / S −0.0698% | 1h | 0.02341 | −0.060% | $3K | — | 100x | as long as short |
| Reya AIXBTRUSDPERP | +0.0372% | 1h | 0.02342 | −0.016% | — | — | — | as long as short |
MEXC AIXBT_USDT
Kraken Futures PF_AIXBTUSD
Variational Omni AIXBT
BloFin AIXBT-USDT
Hyperliquid AIXBT
Binance AIXBTUSDT
Bybit AIXBTUSDT
OKX AIXBT-USDT-SWAP
Gate AIXBT_USDT
KuCoin AIXBTUSDTM
Bitget AIXBTUSDT
BingX AIXBT-USDT
GMX AIXBT/USD [ETH-USDC]