Funding you earn now, next payment 05:00 UTC+0.1665%/8h= +182.3% APRpaid last 24h +0.318%
Price spread now: MEXC against Kraken Futures+0.057%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 +$50 a day on $10k at the current rate, and MEXC is 0.057% dearer against Kraken Futures than usual: you sell high and buy low: +$6 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 | Kraken Futures PF_GMTUSD | 0.008582 | −0.1565 | get 0.0196% / 1h | 52m 34s | $45K | $14K | 20x |
| Short | MEXC GMT_USDT | 0.008587 | 0.0100 | get 0.0050% / 4h | 3h 52m | $436K | $208K | 20x |
Kraken Futures PF_GMTUSD
MEXC GMT_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
- $349.64
- Price spread: +0.057% → 0.000%
- $5.72
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $341.36
- Costs to cover
- 0.140%
- Break-even
- 0.2 days
Slippage unknown: Kraken Futures: no order-book sample; MEXC: live order book, 48 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, 48 min ago | 1.75 bp | 8.1 bp −$8 | 63.8 bp −$638 | 264.5 bp −$26.5K | 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.
GMT 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_GMTUSDlong | −0.1565% | 1h | 0.008582 | long leg | $45K | $14K | 20x | |
| KuCoin GMTUSDTM | −0.0554% | 4h | 0.008590 | +0.092% | $278K | $183K | 50x | as long as short |
| OKX GMT-USDT-SWAP | −0.0496% | 4h | 0.008587 | +0.057% | $400K | $1.2M | 20x | as long as short |
| Bybit GMTUSDT | −0.0467% | 8h | 0.008595 | +0.150% | $1.1M | $2.0M | 50x | as long as short |
| Variational Omni GMT | −0.0227% | 8h | 0.008535 | −0.554% | $3K | $5K | — | as long as short |
| Aster GMTUSDT | −0.0110% | 4h | 0.008592 | +0.111% | $7K | $22K | 10x | as long as short |
| Bitget GMTUSDT | −0.0032% | 4h | 0.008592 | +0.115% | $685K | $634K | 50x | as long as short |
| BingX GMT-USDT | +0.0050% | 4h | 0.008585 | +0.034% | — | $1.3M | — | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008592 | +0.115% | $114K | $150K | 3x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008587 | +0.054% | $2.9M | $5.2M | 50x | as long as short |
KuCoin GMTUSDTM
OKX GMT-USDT-SWAP
Bybit GMTUSDT
Variational Omni GMT
Aster GMTUSDT
Bitget GMTUSDT
BingX GMT-USDT
Hyperliquid GMT
Binance GMTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate GMT_USDT | +0.0100% | 8h | 0.008590 | +0.092% | $151K | $174K | 50x | as long as short |
| MEXC GMT_USDTshort | +0.0100% | 4h | 0.008587 | +0.057% | $436K | $208K | 20x |
Gate GMT_USDT