Funding you earn now, next payment 06:00 UTC+0.0312%/8h= +34.2% APRpaid last 24h −0.006%
Price spread now: MEXC against Kraken Futures−0.208%51s7-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 0.208% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.208% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$21 on $10k: about 2.2 days of funding at the current rate (+$9 a day). 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_LQTYUSD | 0.2350 | −0.0212 | get 0.0027% / 1h | 11m 27s | $5K | $9K | 10x |
| Short | MEXC LQTY_USDT | 0.2345 | 0.0100 | get 0.0100% / 8h | 2h 11m | $286K | $151K | 200x |
Funding 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
- $65.6
- Price spread: −0.208% → 0.000%
- −$20.81
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $30.79
- Costs to cover
- 0.140%
- Break-even
- 3.7 days
Slippage unknown: Kraken Futures: no order-book sample; MEXC: live order book, 18 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, 18 min ago | 4.30 bp | 12.2 bp −$12 | 64.2 bp −$642 | 161.9 bp −$16.2K | 465.6 bp −$232.8K |
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.
LQTY on 10 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_LQTYUSDlong | −0.0212% | 1h | 0.2350 | long leg | $5K | $9K | 10x | |
| Binance LQTYUSDT | +0.0100% | 8h | 0.2346 | −0.166% | $1.3M | $1.8M | 50x | as long as short |
| Bybit LQTYUSDT | +0.0100% | 8h | 0.2348 | −0.080% | $337K | $193K | 20x | as long as short |
| OKX LQTY-USDT-SWAP | +0.0100% | 8h | 0.2345 | −0.208% | $225K | $423K | 10x | as long as short |
| Gate LQTY_USDT | +0.0100% | 8h | 0.2344 | −0.251% | $75K | $50K | 50x | as long as short |
| MEXC LQTY_USDTshort | +0.0100% | 8h | 0.2345 | −0.208% | $286K | $151K | 200x | |
| KuCoin LQTYUSDTM | +0.0100% | 8h | 0.2341 | −0.378% | $200K | $43K | 30x | as long as short |
| Bitget LQTYUSDT | +0.0100% | 8h | 0.2344 | −0.251% | $129K | $120K | 50x | as long as short |
| BingX LQTY-USDT | +0.0100% | 8h | 0.2342 | −0.336% | — | $1.4M | — | as long as short |
| Variational Omni LQTY | +0.0100% | 8h | 0.2339 | −0.480% | $29K | $17K | — | as long as short |
Kraken Futures PF_LQTYUSD
MEXC LQTY_USDT
Binance LQTYUSDT
Bybit LQTYUSDT
OKX LQTY-USDT-SWAP
Gate LQTY_USDT
KuCoin LQTYUSDTM
Bitget LQTYUSDT
BingX LQTY-USDT
Variational Omni LQTY