Funding you earn now, next payment 02:00 UTC−0.2408%/8h= −263.6% APRpaid last 24h −0.545%
Price spread now: Kraken Futures against MEXC−0.017%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$72 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BAND_USDT | 0.2130 | 0.0100 | pay 0.0100% / 8h | 6h 44m | $362K | $145K | 100x |
| Short | Kraken Futures PF_BANDUSD | 0.2130 | −0.2308 | pay 0.0288% / 1h | 44m 32s | $19K | $789 | 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
- −$505.58
- Price spread: −0.017% → 0.000%
- −$1.75
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$521.33
- Costs to cover
- 0.140%
- Break-even
- never at this rate
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 | 4.68 bp | 21.8 bp −$22 | 112.8 bp −$1,128 | 213.1 bp −$21.3K | 298.7 bp −$149.3K |
| 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.
BAND on 10 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_BANDUSDshort | −0.2308% | 1h | 0.2130 | −0.017% | $19K | $789 | 10x | |
| Binance BANDUSDT | +0.0100% | 8h | 0.2131 | +0.069% | $1.3M | $1.8M | 50x | as long as short |
| Bybit BANDUSDT | +0.0100% | 8h | 0.2131 | +0.047% | $308K | $184K | 20x | as long as short |
| OKX BAND-USDT-SWAP | +0.0100% | 8h | 0.2136 | +0.282% | $232K | $419K | 10x | as long as short |
| Gate BAND_USDT | +0.0100% | 8h | 0.2134 | +0.188% | $198K | $63K | 20x | as long as short |
| MEXC BAND_USDTlong | +0.0100% | 8h | 0.2130 | long leg | $362K | $145K | 100x | |
| KuCoin BANDUSDTM | +0.0100% | 8h | 0.2132 | +0.094% | $738K | $58K | 30x | as long as short |
| Bitget BANDUSDT | +0.0100% | 8h | 0.2135 | +0.235% | $799K | $106K | 50x | as long as short |
| Variational Omni BAND | +0.0100% | 8h | 0.2133 | +0.149% | $7K | $963 | — | as long as short |
| BloFin BAND-USDT | +0.0103% | 8h | 0.2142 | +0.563% | $74K | $8K | 50x | as long as short |
MEXC BAND_USDT
Kraken Futures PF_BANDUSD
Binance BANDUSDT
Bybit BANDUSDT
OKX BAND-USDT-SWAP
Gate BAND_USDT
KuCoin BANDUSDTM
Bitget BANDUSDT
Variational Omni BAND
BloFin BAND-USDT