Funding you earn now, next payment 00:00 UTC+0.0454%/8h= +49.7% APRpaid last 24h −0.080%
Price spread now: MEXC against Kraken Futures−0.116%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
Funding pays, the price is against you. MEXC is 0.116% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.116% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 21 hours of funding at the current rate (+$14 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_KSMUSD | 4.6234 | −0.0354 | get 0.0044% / 1h | 23m 04s | $37K | $5K | 20x |
| Short | MEXC KSM_USDT | 4.6180 | 0.0100 | get 0.0100% / 8h | 23m 04s | $763K | $245K | 20x |
Kraken Futures PF_KSMUSD
MEXC KSM_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
- $95.41
- Price spread: −0.116% → 0.000%
- −$11.65
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $69.76
- Costs to cover
- 0.140%
- Break-even
- 1.9 days
Slippage unknown: Kraken Futures: no order-book sample; MEXC: live order book, 47 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, 47 min ago | 2.17 bp | 11.8 bp −$12 | 48.7 bp −$487 | 487.2 bp −$48.7K | 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.
KSM 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni KSM | −0.0567% | 8h | 4.6190 | −0.096% | $454K | $40K | — | as long as short |
| Kraken Futures PF_KSMUSDlong | −0.0354% | 1h | 4.6234 | long leg | $37K | $5K | 20x | |
| OKX KSM-USDT-SWAP | −0.0192% | 4h | 4.6150 | −0.181% | $756K | $657K | 20x | as long as short |
| BloFin KSM-USDT | +0.0074% | 8h | 4.6210 | −0.052% | $114K | $19K | 50x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6220 | −0.030% | $2.0M | $2.9M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6120 | −0.246% | $2.2M | $716K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6190 | −0.095% | $89K | $39K | 33x | as long as short |
| MEXC KSM_USDTshort | +0.0100% | 8h | 4.6180 | −0.116% | $763K | $245K | 20x | |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6260 | +0.057% | $516K | $52K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6290 | +0.121% | $494K | $238K | 50x | as long as short |
Variational Omni KSM
OKX KSM-USDT-SWAP
BloFin KSM-USDT
Binance KSMUSDT
Bybit KSMUSDT
Gate KSM_USDT
KuCoin KSMUSDTM
Bitget KSMUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KSM-USDT | +0.0100% | 8h | 4.6170 | −0.138% | — | $2.4M | — | as long as short |
| Extended KSM-USD | +0.0104% | 1h | 4.6211 | −0.050% | $78K | $261K | 5x | as long as short |
BingX KSM-USDT
Extended KSM-USD