Funding you earn now, next payment 06:00 UTC−0.2629%/8h= −287.9% APRpaid last 24h −1.923%
Price spread now: MEXC against Kraken Futures+0.192%7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. MEXC is 0.192% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.192% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$79 a day in funding at the current rate, which eats that in about 6 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ALCHUSD | 0.05117 | 0.3361 | pay 0.0420% / 1h | 51m 30s | $13K | $34K | 10x |
| Short | MEXC ALCH_USDT | 0.05127 | 0.0732 | get 0.0366% / 4h | 2h 51m | $5.0M | $2.5M | 100x |
Kraken Futures PF_ALCHUSD
MEXC ALCH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Kraken Futures. 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
- −$552.09
- Price spread: +0.192% → 0.000%
- $19.16
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$546.93
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; MEXC: live order book, 6 min ago. 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 6 min ago | 18.68 bp | 32.8 bp −$33 | 118.6 bp −$1,186 | 167.2 bp −$16.7K | 424.0 bp −$212.0K |
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.
ALCH 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ALCHUSDT | +0.0100% | 4h | 0.05125 | +0.153% | $3.0M | $6.3M | 20x | as long as short |
| Bitget ALCHUSDT | +0.0100% | 4h | 0.05134 | +0.328% | $907K | $1.9M | 10x | as long as short |
| Variational Omni ALCH | +0.0100% | 4h | 0.05101 | −0.314% | $4K | $18K | — | as long as short |
| Gate ALCH_USDT | +0.0256% | 4h | 0.05139 | +0.426% | $292K | $712K | 20x | as long as short |
| Aster ALCHUSDT | +0.0622% | 4h | 0.05140 | +0.453% | $12K | $114K | 5x | as long as short |
| BingX ALCH-USDT | +0.0672% | 4h | 0.05136 | +0.368% | — | $6.7M | — | as long as short |
| MEXC ALCH_USDTshort | +0.0732% | 4h | 0.05127 | +0.192% | $5.0M | $2.5M | 100x | |
| Binance ALCHUSDT | +0.0733% | 4h | 0.05135 | +0.348% | $6.1M | $27.9M | 10x | as long as short |
| BloFin ALCH-USDT | +0.0768% | 4h | 0.05137 | +0.387% | $392K | $116K | 10x | as long as short |
| KuCoin ALCHUSDTM | +0.1124% | 4h | 0.05134 | +0.328% | $1.2M | $281K | 10x | as long as short |
Bybit ALCHUSDT
Bitget ALCHUSDT
Variational Omni ALCH
Gate ALCH_USDT
Aster ALCHUSDT
BingX ALCH-USDT
Binance ALCHUSDT
BloFin ALCH-USDT
KuCoin ALCHUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALCHUSDlong | +0.3361% | 1h | 0.05117 | long leg | $13K | $34K | 10x |