Funding you earn now, next payment 06:00 UTC−0.0394%/8h= −43.1% APRpaid last 24h −0.301%
Price spread now: Kraken Futures against MEXC−0.104%7-day average +0.145% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.395%+$139 on $10k
+Price spread, last 4 days (all we have)+0.191%+$19 · spread now −0.104%, 7d avg +0.145%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Kraken Futures is 0.249% cheaper against MEXC than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of +0.145%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.395%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BAT_USDT | 0.08348 | 0.0100 | pay 0.0100% / 8h | 2h 36m | $786K | $637K | 125x |
| Short | Kraken Futures PF_BATUSD | 0.08339 | −0.0294 | pay 0.0037% / 1h | 36m 04s | $114K | $7K | 10x |
MEXC BAT_USDT
Kraken Futures PF_BATUSDFunding 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
- −$82.67
- Price spread: −0.104% → +0.145%
- −$24.9
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$121.57
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 4 min ago; Kraken Futures: live order book, 11 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 MEXC live order book, 4 min ago | 4.21 bp | 9.5 bp −$9 | 40.5 bp −$405 | 105.5 bp −$10.5K | doesn't fit |
| Sell Kraken Futures live order book, 11 min ago | 16.70 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
BAT 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BATUSDshort | −0.0294% | 1h | 0.08339 | −0.104% | $114K | $7K | 10x | |
| BloFin BAT-USDT | +0.0085% | 8h | 0.08340 | −0.096% | $99K | $33K | 50x | as long as short |
| Binance BATUSDT | +0.0100% | 8h | 0.08343 | −0.060% | $1.9M | $2.1M | 50x | as long as short |
| Bybit BATUSDT | +0.0100% | 8h | 0.08352 | +0.048% | $1.1M | $487K | 25x | as long as short |
| OKX BAT-USDT-SWAP | +0.0100% | 8h | 0.08345 | −0.036% | $524K | $416K | 20x | as long as short |
| Gate BAT_USDT | +0.0100% | 8h | 0.08341 | −0.084% | $82K | $28K | 25x | as long as short |
| MEXC BAT_USDTlong | +0.0100% | 8h | 0.08348 | long leg | $786K | $637K | 125x | |
| KuCoin BATUSDTM | +0.0100% | 8h | 0.08340 | −0.096% | $259K | $63K | 20x | as long as short |
| Bitget BATUSDT | +0.0100% | 8h | 0.08340 | −0.096% | $676K | $180K | 50x | as long as short |
| BingX BAT-USDT | +0.0100% | 8h | 0.08342 | −0.072% | — | $1.3M | — | as long as short |
BloFin BAT-USDT
Binance BATUSDT
Bybit BATUSDT
OKX BAT-USDT-SWAP
Gate BAT_USDT
KuCoin BATUSDTM
Bitget BATUSDT
BingX BAT-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BAT | +0.0100% | 8h | 0.08341 | −0.087% | $113K | $78 | — | as long as short |
Variational Omni BAT