Funding you earn now, next payment 05:00 UTC−0.0438%/8h= −47.9% APRpaid last 24h +0.216%
Price spread now: MEXC against Kraken Futures+0.122%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
The price spread pays, funding is against you. MEXC is 0.122% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.122% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 22 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_CSPRUSD | 0.002829 | 0.0838 | pay 0.0105% / 1h | 55m 28s | $2K | $21K | 20x |
| Short | MEXC CSPR_USDT | 0.002832 | 0.0400 | get 0.0200% / 4h | 3h 55m | $177K | $85K | 50x |
Kraken Futures PF_CSPRUSD
MEXC CSPR_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
- −$91.88
- Price spread: +0.122% → 0.000%
- $12.18
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$93.7
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; MEXC: live order book, 35 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, 35 min ago | 8.85 bp | 274.4 bp −$274 | 404.7 bp −$4,047 | doesn't fit | doesn't fit |
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.
CSPR on 2 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC CSPR_USDTshort | +0.0400% | 4h | 0.002832 | +0.122% | $177K | $85K | 50x | |
| Kraken Futures PF_CSPRUSDlong | +0.0838% | 1h | 0.002829 | long leg | $2K | $21K | 20x |