Funding you earn now, next payment 04:00 UTC+0.0080%/8h= +8.8% APRpaid last 24h +0.088%
Price spread now: MEXC against Kraken Futures−0.318%7-day average −0.172% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$820.815% of the position
Funding, last 7 days+0.517%+$52 on $10k
+Price spread, last 4 days (all we have)−0.084%−$8 · spread now −0.318%, 7d avg −0.172%
=Funding pays, the price is against you. MEXC is 0.146% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.318% now, against its 7-day average of −0.172%). If the spread goes back, that is −$15 on $10k: about 6.0 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.517% in total) that is about 47 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_EGLDUSD | 4.3568 | 0.0020 | pay 0.0002% / 1h | 23m 00s | $434K | $691K | 20x |
| Short | MEXC EGLD_USDT | 4.3430 | 0.0100 | get 0.0100% / 8h | 4h 23m | $3.9M | $3.5M | 125x |
Kraken Futures PF_EGLDUSD
MEXC EGLD_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
- $16.88
- Price spread: −0.318% → −0.172%
- −$14.56
- Slippage, 4 orders
- −$67.55
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$79.23
- Costs to cover
- 0.815%
- Break-even
- 39.9 days
Slippage from Kraken Futures: live order book, 35 min ago; MEXC: live order book, 4 min ago.
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 live order book, 35 min ago | 20.80 bp | 37.2 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 2.30 bp | 4.4 bp −$4 | 24.8 bp −$248 | 103.4 bp −$10.3K | 149.5 bp −$74.8K |
EGLD on 12 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_EGLDUSDlong | +0.0020% | 1h | 4.3568 | long leg | $434K | $691K | 20x | |
| Injective EGLD/USDC PERP | +0.0033% | 1h | 3.6600 | −15.994% | $16 | $46K | 5.5x | as long as short |
| Binance EGLDUSDT | +0.0100% | 8h | 4.3440 | −0.295% | $4.7M | $26.7M | 75x | as long as short |
| Bybit EGLDUSDT | +0.0100% | 8h | 4.3420 | −0.341% | $2.6M | $8.6M | 75x | as long as short |
| Gate EGLD_USDT | +0.0100% | 8h | 4.3560 | −0.019% | $449K | $695K | 30x | as long as short |
| MEXC EGLD_USDTshort | +0.0100% | 8h | 4.3430 | −0.318% | $3.9M | $3.5M | 125x | |
| KuCoin EGLDUSDTM | +0.0100% | 8h | 4.3510 | −0.134% | $2.7M | $1.3M | 50x | as long as short |
| Bitget EGLDUSDT | +0.0100% | 8h | 4.3430 | −0.318% | $2.2M | $4.2M | 75x | as long as short |
| Variational Omni EGLD | +0.0100% | 8h | 4.3517 | −0.118% | $17K | $54K | — | as long as short |
| BloFin EGLD-USDT | +0.0220% | 8h | 4.3570 | +0.004% | $223K | $588K | 75x | as long as short |
Injective EGLD/USDC PERP
Binance EGLDUSDT
Bybit EGLDUSDT
Gate EGLD_USDT
KuCoin EGLDUSDTM
Bitget EGLDUSDT
Variational Omni EGLD
BloFin EGLD-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX EGLD-USDT | +0.0247% | 8h | 4.3480 | −0.203% | — | $2.9M | — | as long as short |
| OKX EGLD-USDT-SWAP | +0.0253% | 8h | 4.3440 | −0.295% | $617K | $4.9M | 20x | as long as short |
BingX EGLD-USDT
OKX EGLD-USDT-SWAP