Funding you earn now, next payment 05:00 UTC−0.1665%/8h= −182.3% APRpaid last 24h −0.318%
Price spread now: Kraken Futures against MEXC−0.057%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$50 a day on $10k at the current rate, and Kraken Futures is 0.057% cheaper against MEXC than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GMT_USDT | 0.008587 | 0.0100 | pay 0.0050% / 4h | 3h 52m | $436K | $208K | 20x |
| Short | Kraken Futures PF_GMTUSD | 0.008582 | −0.1565 | pay 0.0196% / 1h | 52m 34s | $45K | $14K | 20x |
MEXC GMT_USDT
Kraken Futures PF_GMTUSDFunding 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
- −$349.64
- Price spread: −0.057% → 0.000%
- −$5.72
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$369.35
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 48 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, 48 min ago | 1.75 bp | 10.1 bp −$10 | 60.2 bp −$602 | 265.8 bp −$26.6K | 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.
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_GMTUSDshort | −0.1565% | 1h | 0.008582 | −0.057% | $45K | $14K | 20x | |
| KuCoin GMTUSDTM | −0.0554% | 4h | 0.008590 | +0.035% | $278K | $183K | 50x | as long as short |
| OKX GMT-USDT-SWAP | −0.0496% | 4h | 0.008587 | 0.000% | $400K | $1.2M | 20x | as long as short |
| Bybit GMTUSDT | −0.0467% | 8h | 0.008595 | +0.093% | $1.1M | $2.0M | 50x | as long as short |
| Variational Omni GMT | −0.0227% | 8h | 0.008535 | −0.611% | $3K | $5K | — | as long as short |
| Aster GMTUSDT | −0.0110% | 4h | 0.008592 | +0.054% | $7K | $22K | 10x | as long as short |
| Bitget GMTUSDT | −0.0032% | 4h | 0.008592 | +0.058% | $685K | $634K | 50x | as long as short |
| BingX GMT-USDT | +0.0050% | 4h | 0.008585 | −0.023% | — | $1.3M | — | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008592 | +0.058% | $114K | $150K | 3x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008587 | −0.003% | $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 | +0.035% | $151K | $174K | 50x | as long as short |
| MEXC GMT_USDTlong | +0.0100% | 4h | 0.008587 | long leg | $436K | $208K | 20x |
Gate GMT_USDT