Funding you earn now, next payment 01:00 UTC+0.0597%/8h= +65.4% APRpaid last 24h −0.121%
Price spread now: MEXC against Kraken Futures−0.073%51s7-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. MEXC is 0.073% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.073% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 10 hours of funding at the current rate (+$18 a day). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ALTUSD | 0.007546 | −0.0497 | get 0.0062% / 1h | 37m 29s | $44K | $8K | 10x |
| Short | MEXC ALT_USDT | 0.007541 | 0.0100 | get 0.0050% / 4h | 3h 37m | $401K | $184K | 50x |
Kraken Futures PF_ALTUSD
MEXC ALT_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
- $125.38
- Price spread: −0.073% → 0.000%
- −$7.26
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $104.12
- Costs to cover
- 0.140%
- Break-even
- 1.2 days
Slippage unknown: Kraken Futures: no order-book sample; MEXC: live order book, 18 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, 18 min ago | 1.33 bp | 8.1 bp −$8 | 52.9 bp −$529 | 261.2 bp −$26.1K | 438.2 bp −$219.1K |
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.
ALT 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_ALTUSDlong | −0.0497% | 1h | 0.007546 | long leg | $44K | $8K | 10x | |
| Gate ALT_USDT | −0.0157% | 8h | 0.007543 | −0.046% | $51K | $403K | 25x | as long as short |
| Bybit ALTUSDT | −0.0087% | 4h | 0.007537 | −0.126% | $1.2M | $1.6M | 25x | as long as short |
| Deribit ALT_USDC-PERPETUAL | 0.0000% | 1h | 0.007542 | −0.059% | — | $0 | 25x | as long as short |
| Variational Omni ALT | +0.0018% | 4h | 0.007541 | −0.075% | $5K | $13K | — | as long as short |
| Injective ALT/USDC PERP | +0.0033% | 1h | 0.007381 | −2.193% | $815 | $4K | 5.5x | as long as short |
| BloFin ALT-USDT | +0.0042% | 4h | 0.007547 | +0.007% | $172K | $10K | 50x | as long as short |
| Hyperliquid ALT | +0.0100% | 1h | 0.007539 | −0.099% | $1.1M | $178K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007543 | −0.046% | $2.6M | $3.6M | 50x | as long as short |
| MEXC ALT_USDTshort | +0.0100% | 4h | 0.007541 | −0.073% | $401K | $184K | 50x |
Gate ALT_USDT
Bybit ALTUSDT
Deribit ALT_USDC-PERPETUAL
Variational Omni ALT
Injective ALT/USDC PERP
BloFin ALT-USDT
Hyperliquid ALT
Binance ALTUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007548 | +0.020% | $149K | $21K | 30x | as long as short |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007533 | −0.179% | $599K | $123K | 50x | as long as short |
| BingX ALT-USDT | +0.0100% | 4h | 0.007539 | −0.099% | — | $1.3M | — | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0392% | 1h | 0.007589 | +0.563% | $14K | $3K | 50x | as long as short |
KuCoin ALTUSDTM
Bitget ALTUSDT
BingX ALT-USDT
Coinbase International ALT-PERP-INTX