Funding you earn now, next payment 12:00 UTC−0.0218%/8h= −23.8% APRpaid last 24h +0.018%
Price spread now: MEXC against Kraken Futures−0.243%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
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and MEXC is 0.243% cheaper against Kraken Futures than usual: you would sell low and buy high (−$24 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. 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_POWRUSD | 0.06328 | 0.0318 | pay 0.0040% / 1h | 47m 21s | $16K | $11K | 10x |
| Short | MEXC POWR_USDT | 0.06313 | 0.0100 | get 0.0050% / 4h | 47m 21s | $1.1M | $110K | 50x |
Kraken Futures PF_POWRUSD
MEXC POWR_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
- −$45.68
- Price spread: −0.243% → 0.000%
- −$24.33
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$84.01
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; MEXC: live order book, 2 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, 2 min ago | 2.38 bp | 20.0 bp −$20 | 85.7 bp −$857 | 443.9 bp −$44.4K | 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.
POWR on 10 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster POWRUSDT | +0.0100% | 4h | 0.06313 | −0.243% | $13K | $43K | 5x | as long as short |
| Binance POWRUSDT | +0.0100% | 4h | 0.06313 | −0.243% | $1.4M | $2.0M | 50x | as long as short |
| Bybit POWRUSDT | +0.0100% | 4h | 0.06308 | −0.322% | $880K | $491K | 13x | as long as short |
| Gate POWR_USDT | +0.0100% | 4h | 0.06299 | −0.465% | $105K | $19K | 10x | as long as short |
| MEXC POWR_USDTshort | +0.0100% | 4h | 0.06313 | −0.243% | $1.1M | $110K | 50x | |
| KuCoin POWRUSDTM | +0.0100% | 4h | 0.06315 | −0.212% | $630K | $97K | 30x | as long as short |
| Bitget POWRUSDT | +0.0100% | 4h | 0.06317 | −0.180% | $364K | $185K | 50x | as long as short |
| BingX POWR-USDT | +0.0100% | 4h | 0.06314 | −0.228% | — | $1.3M | — | as long as short |
| Variational Omni POWR | +0.0100% | 4h | 0.06308 | −0.317% | $506 | $2K | — | as long as short |
| Kraken Futures PF_POWRUSDlong | +0.0318% | 1h | 0.06328 | long leg | $16K | $11K | 10x |
Aster POWRUSDT
Binance POWRUSDT
Bybit POWRUSDT
Gate POWR_USDT
KuCoin POWRUSDTM
Bitget POWRUSDT
BingX POWR-USDT
Variational Omni POWR