Funding you earn now, next payment 06:00 UTC−0.1444%/8h= −158.1% APRpaid last 24h −0.195%
Price spread now: MEXC against Kraken Futures−0.214%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 −$43 a day on $10k at the current rate, and MEXC is 0.214% cheaper against Kraken Futures than usual: you would sell low and buy high (−$21 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 | Kraken Futures PF_KAIAUSD | 0.03192 | 0.1544 | pay 0.0193% / 1h | 30m 41s | $45K | $40K | 10x |
| Short | MEXC KAIA_USDT | 0.03185 | 0.0100 | get 0.0050% / 4h | 2h 30m | $513K | $147K | 100x |
Kraken Futures PF_KAIAUSD
MEXC KAIA_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
- −$303.2
- Price spread: −0.214% → 0.000%
- −$21.37
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$338.57
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; MEXC: live order book, just now. 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, just now | 1.57 bp | 3.6 bp −$4 | 30.3 bp −$303 | 226.3 bp −$22.6K | 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.
KAIA 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin KAIA-USDT | +0.0046% | 4h | 0.03189 | −0.088% | $154K | $21K | 75x | as long as short |
| Binance KAIAUSDT | +0.0100% | 4h | 0.03186 | −0.182% | $2.4M | $4.2M | 75x | as long as short |
| Bybit KAIAUSDT | +0.0100% | 4h | 0.03180 | −0.370% | $1.9M | $1.4M | 50x | as long as short |
| Gate KAIA_USDT | +0.0100% | 4h | 0.03183 | −0.276% | $80K | $75K | 50x | as long as short |
| MEXC KAIA_USDTshort | +0.0100% | 4h | 0.03185 | −0.214% | $513K | $147K | 100x | |
| KuCoin KAIAUSDTM | +0.0100% | 4h | 0.03181 | −0.339% | $313K | $69K | 30x | as long as short |
| Bitget KAIAUSDT | +0.0100% | 4h | 0.03186 | −0.182% | $442K | $421K | 75x | as long as short |
| BingX KAIA-USDT | +0.0100% | 4h | 0.03184 | −0.245% | — | $6.5M | — | as long as short |
| Variational Omni KAIA | +0.0100% | 4h | 0.03181 | −0.354% | $3K | $202 | — | as long as short |
| GRVT KAIA_USDT_Perp | +0.0100% | 4h | 0.03187 | −0.151% | $379K | $501K | 10x | as long as short |
BloFin KAIA-USDT
Binance KAIAUSDT
Bybit KAIAUSDT
Gate KAIA_USDT
KuCoin KAIAUSDTM
Bitget KAIAUSDT
BingX KAIA-USDT
Variational Omni KAIA
GRVT KAIA_USDT_PerpShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended KAIA-USD | +0.0104% | 1h | 0.03184 | −0.260% | $6K | $98K | 5x | as long as short |
| Kraken Futures PF_KAIAUSDlong | +0.1544% | 1h | 0.03192 | long leg | $45K | $40K | 10x |
Extended KAIA-USD