Funding you earn now, next payment 06:00 UTC+0.2629%/8h= +287.9% APRpaid last 24h +1.923%
Price spread now: Kraken Futures against MEXC−0.191%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
Funding pays, the price is against you. Kraken Futures is 0.191% cheaper against MEXC than usual: you would sell low and buy high (spread −0.191% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$19 on $10k: about 6 hours of funding at the current rate (+$79 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ALCH_USDT | 0.05127 | 0.0732 | pay 0.0366% / 4h | 2h 51m | $5.0M | $2.5M | 100x |
| Short | Kraken Futures PF_ALCHUSD | 0.05117 | 0.3361 | get 0.0420% / 1h | 51m 30s | $13K | $34K | 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
- $552.09
- Price spread: −0.191% → 0.000%
- −$19.13
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $518.97
- Costs to cover
- 0.140%
- Break-even
- 0.4 days
Slippage unknown: MEXC: live order book, 6 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, 6 min ago | 18.68 bp | 42.7 bp −$43 | 129.0 bp −$1,290 | 176.4 bp −$17.6K | 439.1 bp −$219.6K |
| 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.
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 | −0.039% | $3.0M | $6.3M | 20x | as long as short |
| Bitget ALCHUSDT | +0.0100% | 4h | 0.05134 | +0.137% | $907K | $1.9M | 10x | as long as short |
| Variational Omni ALCH | +0.0100% | 4h | 0.05101 | −0.505% | $4K | $18K | — | as long as short |
| Gate ALCH_USDT | +0.0256% | 4h | 0.05139 | +0.234% | $292K | $712K | 20x | as long as short |
| Aster ALCHUSDT | +0.0622% | 4h | 0.05140 | +0.261% | $12K | $114K | 5x | as long as short |
| BingX ALCH-USDT | +0.0672% | 4h | 0.05136 | +0.176% | — | $6.7M | — | as long as short |
| MEXC ALCH_USDTlong | +0.0732% | 4h | 0.05127 | long leg | $5.0M | $2.5M | 100x | |
| Binance ALCHUSDT | +0.0733% | 4h | 0.05135 | +0.156% | $6.1M | $27.9M | 10x | as long as short |
| BloFin ALCH-USDT | +0.0768% | 4h | 0.05137 | +0.195% | $392K | $116K | 10x | as long as short |
| KuCoin ALCHUSDTM | +0.1124% | 4h | 0.05134 | +0.137% | $1.2M | $281K | 10x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALCHUSDshort | +0.3361% | 1h | 0.05117 | −0.191% | $13K | $34K | 10x |
MEXC ALCH_USDT
Kraken Futures PF_ALCHUSD
Bybit ALCHUSDT
Bitget ALCHUSDT
Variational Omni ALCH
Gate ALCH_USDT
Aster ALCHUSDT
BingX ALCH-USDT
Binance ALCHUSDT
BloFin ALCH-USDT
KuCoin ALCHUSDTM