LSK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.3690%/8h= +404.0% APRnext payment +$4.61 per $10,000 · paid last 24h +0.410%

Price spread now: Kraken Futures against MEXC+0.178%7-day average +0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs−$184as in the Funding arb table

Net, price: spread back to 7d avg − costs−$105as in the Price arb table

costs, in and out, $10k−$1171.173% of the position

Long on MEXC Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.662%−$66 on $10k

Price spread, last 4 days (all we have)−0.151%−$15 · spread now +0.178%, 7d avg +0.053%

Together, before fees−0.813%−$81 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$111 a day on $10k at the current rate, and Kraken Futures is 0.125% dearer against MEXC than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.053%. Mind the row above: over the last 7 days funding on this pair cost −0.662%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.662% in total (about -34.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.61 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC LSK_USDT	0.3421	−0.8464	get 0.1058% / 1h	39m 13s	$8.7M	$2.4M	20x
Short	Kraken Futures PF_LSKUSD	0.3427	−0.4774	pay 0.0597% / 1h	39m 13s	$104K	$359K	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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee Kraken FuturesbpOrdersPrice spread, now +0.178%Rate

Funding earned: $774.84
Price spread: +0.178% → +0.053%: $12.46
Slippage, 4 orders: −$103.32
Fee MEXC: 2 bp × 2 orders: −$4
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $669.99
Costs to cover: 1.173%
Break-even: 0.9 days

Slippage from MEXC: live order book, 4 min ago; Kraken Futures: live order book, 64 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 MEXC live order book, 4 min ago	0.15 bp	10.3 bp −$10	27.2 bp −$272	96.9 bp −$9,689	509.2 bp −$254.6K
Sell Kraken Futures live order book, 64 min ago	11.39 bp	76.9 bp −$77	doesn't fit	doesn't fit	doesn't fit

LSK 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
MEXC LSK_USDTlong	−0.8464%	1h	0.3421	long leg	$8.7M	$2.4M	20x
Binance LSKUSDT	−0.8358%	1h	0.3419	−0.072%	$15.1M	$101.0M	50x	as long as short
Aster LSKUSDT	−0.7291%	1h	0.3432	+0.322%	$50K	$182K	5x	as long as short
Gate LSK_USDT	−0.5632%	1h	0.3428	+0.199%	$1.4M	$2.7M	20x	as long as short
Kraken Futures PF_LSKUSDshort	−0.4774%	1h	0.3427	+0.178%	$104K	$359K	10x
HTX LSK-USDT	−0.3239%	1h	0.3422	+0.032%	$39K	$324K	20x	as long as short
Bitget LSKUSDT	−0.2064%	1h	0.3418	−0.094%	$2.7M	$10.0M	50x	as long as short
Bybit LSKUSDT	−0.1461%	1h	0.3434	+0.383%	$9.0M	$21.4M	25x	as long as short
BingX LSK-USDT	−0.0464%	1h	0.3418	−0.091%	—	$2.9M	—	as long as short
Variational Omni LSK	+0.0100%	1h	0.3439	+0.517%	$29K	$191K	—	as long as short