Funding you earn now, next payment 02:00 UTC+0.0069%/8h= +7.6% APRpaid last 24h −0.481%
Price spread now: MEXC against Kraken Futures+0.040%51s7-day average −0.201% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$820.820% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 3 days (all we have)−0.196%−$20 · spread now +0.040%, 7d avg −0.201%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and MEXC is 0.241% dearer against Kraken Futures than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of −0.201%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_LPTUSD | 1.7243 | 0.0031 | pay 0.0004% / 1h | 22m 23s | $46K | $107K | 25x |
| Short | MEXC LPT_USDT | 1.7250 | 0.0100 | get 0.0050% / 4h | 2h 22m | $2.0M | $994K | 50x |
Kraken Futures PF_LPTUSD
MEXC LPT_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
- $14.51
- Price spread: +0.040% → −0.201%
- $24.11
- Slippage, 4 orders
- −$67.97
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$43.34
- Costs to cover
- 0.820%
- Break-even
- 27.9 days
Slippage from Kraken Futures: live order book, 45 min ago; MEXC: live order book, 4 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 Kraken Futures live order book, 45 min ago | 18.78 bp | 36.7 bp −$37 | 222.8 bp −$2,228 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 2.90 bp | 4.9 bp −$5 | 24.9 bp −$249 | 168.3 bp −$16.8K | doesn't fit |
LPT on 11 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_LPTUSDlong | +0.0031% | 1h | 1.7243 | long leg | $46K | $107K | 25x | |
| Aster LPTUSDT | +0.0100% | 4h | 1.7251 | +0.045% | $2K | $19K | 5x | as long as short |
| Binance LPTUSDT | +0.0100% | 4h | 1.7260 | +0.098% | $3.6M | $10.8M | 50x | as long as short |
| Bybit LPTUSDT | +0.0100% | 4h | 1.7246 | +0.017% | $1.8M | $2.0M | 25x | as long as short |
| OKX LPT-USDT-SWAP | +0.0100% | 4h | 1.7250 | +0.040% | $1.4M | $3.2M | 20x | as long as short |
| Gate LPT_USDT | +0.0100% | 8h | 1.7250 | +0.040% | $239K | $871K | 50x | as long as short |
| MEXC LPT_USDTshort | +0.0100% | 4h | 1.7250 | +0.040% | $2.0M | $994K | 50x | |
| KuCoin LPTUSDTM | +0.0100% | 4h | 1.7240 | −0.018% | $313K | $183K | 50x | as long as short |
| Bitget LPTUSDT | +0.0100% | 4h | 1.7250 | +0.040% | $1.3M | $782K | 50x | as long as short |
| BingX LPT-USDT | +0.0100% | 4h | 1.7250 | +0.040% | — | $2.5M | — | as long as short |
Aster LPTUSDT
Binance LPTUSDT
Bybit LPTUSDT
OKX LPT-USDT-SWAP
Gate LPT_USDT
KuCoin LPTUSDTM
Bitget LPTUSDT
BingX LPT-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni LPT | +0.0100% | 4h | 1.7274 | +0.177% | $6K | $3K | — | as long as short |
Variational Omni LPT