Funding you earn now, next payment 06:00 UTC−0.0314%/8h= −34.3% APRpaid last 24h +0.003%
Price spread now: Kraken Futures against MEXC−0.151%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 −$9 a day on $10k at the current rate, and Kraken Futures is 0.151% cheaper against MEXC than usual: you would sell low and buy high (−$15 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 LQTY_USDT | 0.2340 | 0.0100 | pay 0.0100% / 8h | 2h 58m | $285K | $148K | 200x |
| Short | Kraken Futures PF_LQTYUSD | 0.2336 | −0.0214 | pay 0.0027% / 1h | 58m 13s | $5K | $8K | 10x |
Funding 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
- −$65.86
- Price spread: −0.151% → 0.000%
- −$15.1
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$94.96
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 37 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, 37 min ago | 4.25 bp | 25.0 bp −$25 | 80.5 bp −$805 | 173.9 bp −$17.4K | 398.1 bp −$199.1K |
| 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.
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_LQTYUSDshort | −0.0214% | 1h | 0.2336 | −0.151% | $5K | $8K | 10x | |
| Binance LQTYUSDT | +0.0100% | 8h | 0.2339 | −0.043% | $1.3M | $1.8M | 50x | as long as short |
| Bybit LQTYUSDT | +0.0100% | 8h | 0.2338 | −0.085% | $335K | $192K | 20x | as long as short |
| OKX LQTY-USDT-SWAP | +0.0100% | 8h | 0.2335 | −0.214% | $225K | $422K | 10x | as long as short |
| Gate LQTY_USDT | +0.0100% | 8h | 0.2339 | −0.043% | $75K | $49K | 50x | as long as short |
| MEXC LQTY_USDTlong | +0.0100% | 8h | 0.2340 | long leg | $285K | $148K | 200x | |
| KuCoin LQTYUSDTM | +0.0100% | 8h | 0.2340 | 0.000% | $200K | $43K | 30x | as long as short |
| Bitget LQTYUSDT | +0.0100% | 8h | 0.2339 | −0.043% | $135K | $115K | 50x | as long as short |
| BingX LQTY-USDT | +0.0100% | 8h | 0.2338 | −0.085% | — | $1.3M | — | as long as short |
| Variational Omni LQTY | +0.0100% | 8h | 0.2342 | +0.089% | $29K | $17K | — | as long as short |
MEXC LQTY_USDT
Kraken Futures PF_LQTYUSD
Binance LQTYUSDT
Bybit LQTYUSDT
OKX LQTY-USDT-SWAP
Gate LQTY_USDT
KuCoin LQTYUSDTM
Bitget LQTYUSDT
BingX LQTY-USDT
Variational Omni LQTY