Funding you earn now, next payment 08:00 UTC−0.2297%/8h= −251.5% APRpaid last 24h +0.247%
Price spread now: MEXC against Kraken Futures−0.424%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
Both sides work against this trade now: funding costs −$69 a day on $10k at the current rate, and MEXC is 0.424% cheaper against Kraken Futures than usual: you would sell low and buy high (−$42 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_C98USD | 0.01650 | 0.2397 | pay 0.0300% / 1h | 22m 50s | $16K | $4K | 10x |
| Short | MEXC C98_USDT | 0.01643 | 0.0100 | get 0.0100% / 8h | 22m 50s | $274K | $106K | 100x |
Kraken Futures PF_C98USD
MEXC C98_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
- −$482.28
- Price spread: −0.424% → 0.000%
- −$42.43
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$538.71
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; MEXC: live order book, 62 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, 62 min ago | 3.05 bp | 11.2 bp −$11 | 65.3 bp −$653 | 284.3 bp −$28.4K | 639.9 bp −$319.9K |
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.
C98 on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance C98USDT | +0.0100% | 8h | 0.01645 | −0.308% | $1.4M | $2.0M | 50x | as long as short |
| Bybit C98USDT | +0.0100% | 8h | 0.01644 | −0.364% | $870K | $286K | 25x | as long as short |
| MEXC C98_USDTshort | +0.0100% | 8h | 0.01643 | −0.424% | $274K | $106K | 100x | |
| KuCoin C98USDTM | +0.0100% | 8h | 0.01641 | −0.545% | $199K | $38K | 20x | as long as short |
| Bitget C98USDT | +0.0100% | 8h | 0.01643 | −0.424% | $186K | $346K | 50x | as long as short |
| Variational Omni C98 | +0.0100% | 8h | 0.01641 | −0.564% | $8K | $202 | — | as long as short |
| BloFin C98-USDT | +0.0123% | 8h | 0.01644 | −0.364% | $133K | $10K | 50x | as long as short |
| Gate C98_USDT | +0.0449% | 8h | 0.01640 | −0.606% | $110K | $47K | 25x | as long as short |
| Kraken Futures PF_C98USDlong | +0.2397% | 1h | 0.01650 | long leg | $16K | $4K | 10x |
Binance C98USDT
Bybit C98USDT
KuCoin C98USDTM
Bitget C98USDT
Variational Omni C98
BloFin C98-USDT
Gate C98_USDT