Funding you earn now, next payment 04:00 UTC−0.0080%/8h= −8.8% APRpaid last 24h −0.088%
Price spread now: Kraken Futures against MEXC+0.319%7-day average +0.172% · you sell dearer than you buy
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as 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)+0.083%+$8 · spread now +0.319%, 7d avg +0.172%
=The price spread pays, funding is against you. Kraken Futures is 0.147% dearer against MEXC than usual: you sell high and buy low (spread +0.319% now, against its 7-day average of +0.172%): +$15 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.1 days. At the pace of the last 7 days (−0.517% in total) that is about 48 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC EGLD_USDT | 4.3430 | 0.0100 | pay 0.0100% / 8h | 4h 22m | $3.9M | $3.5M | 125x |
| Short | Kraken Futures PF_EGLDUSD | 4.3568 | 0.0020 | get 0.0002% / 1h | 22m 59s | $434K | $691K | 20x |
MEXC EGLD_USDT
Kraken Futures PF_EGLDUSDFunding 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
- −$16.88
- Price spread: +0.319% → +0.172%
- $14.67
- Slippage, 4 orders
- −$67.55
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$83.76
- Costs to cover
- 0.815%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; Kraken Futures: live order book, 35 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 MEXC live order book, 4 min ago | 2.30 bp | 5.2 bp −$5 | 21.5 bp −$215 | 97.6 bp −$9,761 | 147.9 bp −$74.0K |
| Sell Kraken Futures live order book, 35 min ago | 20.80 bp | 34.8 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
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_EGLDUSDshort | +0.0020% | 1h | 4.3568 | +0.319% | $434K | $691K | 20x | |
| Injective EGLD/USDC PERP | +0.0033% | 1h | 3.6600 | −15.726% | $16 | $46K | 5.5x | as long as short |
| Binance EGLDUSDT | +0.0100% | 8h | 4.3440 | +0.023% | $4.7M | $26.7M | 75x | as long as short |
| Bybit EGLDUSDT | +0.0100% | 8h | 4.3420 | −0.023% | $2.6M | $8.6M | 75x | as long as short |
| Gate EGLD_USDT | +0.0100% | 8h | 4.3560 | +0.299% | $449K | $695K | 30x | as long as short |
| MEXC EGLD_USDTlong | +0.0100% | 8h | 4.3430 | long leg | $3.9M | $3.5M | 125x | |
| KuCoin EGLDUSDTM | +0.0100% | 8h | 4.3510 | +0.184% | $2.7M | $1.3M | 50x | as long as short |
| Bitget EGLDUSDT | +0.0100% | 8h | 4.3430 | 0.000% | $2.2M | $4.2M | 75x | as long as short |
| Variational Omni EGLD | +0.0100% | 8h | 4.3517 | +0.200% | $17K | $54K | — | as long as short |
| BloFin EGLD-USDT | +0.0220% | 8h | 4.3570 | +0.322% | $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 | +0.115% | — | $2.9M | — | as long as short |
| OKX EGLD-USDT-SWAP | +0.0253% | 8h | 4.3440 | +0.023% | $617K | $4.9M | 20x | as long as short |
BingX EGLD-USDT
OKX EGLD-USDT-SWAP