Funding you earn now, next payment 07:00 UTC+0.0902%/8h= +98.8% APRpaid last 24h −0.045%
Price spread now: Kraken Futures against MEXC+0.185%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$27 a day on $10k at the current rate, and Kraken Futures is 0.185% dearer against MEXC than usual: you sell high and buy low: +$19 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC COOKIE_USDT | 0.01272 | 0.0100 | pay 0.0050% / 4h | 1h 58m | $647K | $374K | 100x |
| Short | Kraken Futures PF_COOKIEUSD | 0.01274 | 0.1002 | get 0.0125% / 1h | 58m 43s | $16K | $43K | 10x |
MEXC COOKIE_USDT
Kraken Futures PF_COOKIEUSDFunding 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
- $189.39
- Price spread: +0.185% → 0.000%
- $18.55
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $193.93
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 41 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, 41 min ago | 12.01 bp | 17.7 bp −$18 | 136.4 bp −$1,364 | 518.3 bp −$51.8K | doesn't fit |
| 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.
COOKIE 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 COOKIEUSDT | +0.0100% | 4h | 0.01272 | +0.016% | $2.1M | $9.8M | 20x | as long as short |
| Bybit COOKIEUSDT | +0.0100% | 4h | 0.01272 | −0.031% | $880K | $1.6M | 25x | as long as short |
| Gate COOKIE_USDT | +0.0100% | 4h | 0.01272 | 0.000% | $129K | $238K | 25x | as long as short |
| MEXC COOKIE_USDTlong | +0.0100% | 4h | 0.01272 | long leg | $647K | $374K | 100x | |
| KuCoin COOKIEUSDTM | +0.0100% | 4h | 0.01271 | −0.079% | $231K | $163K | 20x | as long as short |
| Bitget COOKIEUSDT | +0.0100% | 4h | 0.01274 | +0.157% | $368K | $312K | 5x | as long as short |
| BingX COOKIE-USDT | +0.0100% | 4h | 0.01274 | +0.165% | — | $6.5M | — | as long as short |
| Variational Omni COOKIE | +0.0100% | 4h | 0.01266 | −0.478% | $13K | $21K | — | as long as short |
| Kraken Futures PF_COOKIEUSDshort | +0.1002% | 1h | 0.01274 | +0.185% | $16K | $43K | 10x |
Binance COOKIEUSDT
Bybit COOKIEUSDT
Gate COOKIE_USDT
KuCoin COOKIEUSDTM
Bitget COOKIEUSDT
BingX COOKIE-USDT
Variational Omni COOKIE