Funding you earn now, next payment 09:00 UTC−3.9910%/8h= −4370.2% APRpaid last 24h −4.784%
Price spread now: MEXC against Kraken Futures−0.361%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 −$1,197 a day on $10k at the current rate, and MEXC is 0.361% cheaper against Kraken Futures than usual: you would sell low and buy high (−$36 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_PROMPTUSD | 0.02248 | 4.0010 | pay 0.5001% / 1h | 44m 27s | $3K | $4K | 10x |
| Short | MEXC PROMPT_USDT | 0.02240 | 0.0100 | get 0.0050% / 4h | 3h 44m | $139K | $123K | 20x |
Kraken Futures PF_PROMPTUSD
MEXC PROMPT_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
- −$8,381.14
- Price spread: −0.361% → 0.000%
- −$36.15
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$8,431.29
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; MEXC: live order book, 26 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, 26 min ago | 6.67 bp | 28.2 bp −$28 | 119.7 bp −$1,197 | 209.0 bp −$20.9K | 447.1 bp −$223.5K |
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.
PROMPT on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster PROMPTUSDT | +0.0100% | 4h | 0.02241 | −0.308% | $3K | $1K | 5x | as long as short |
| Binance PROMPTUSDT | +0.0100% | 4h | 0.02241 | −0.317% | $1.2M | $2.2M | 40x | as long as short |
| Bybit PROMPTUSDT | +0.0100% | 4h | 0.02241 | −0.317% | $336K | $239K | 5x | as long as short |
| Gate PROMPT_USDT | +0.0100% | 4h | 0.02243 | −0.228% | $570K | $86K | 20x | as long as short |
| MEXC PROMPT_USDTshort | +0.0100% | 4h | 0.02240 | −0.361% | $139K | $123K | 20x | |
| KuCoin PROMPTUSDTM | +0.0100% | 4h | 0.02242 | −0.272% | $138K | $83K | 30x | as long as short |
| BingX PROMPT-USDT | +0.0100% | 4h | 0.02241 | −0.317% | — | $6.5M | — | as long as short |
| Variational Omni PROMPT | +0.0100% | 4h | 0.02242 | −0.267% | $3K | $6K | — | as long as short |
| Kraken Futures PF_PROMPTUSDlong | +4.0010% | 1h | 0.02248 | long leg | $3K | $4K | 10x |
Aster PROMPTUSDT
Binance PROMPTUSDT
Bybit PROMPTUSDT
Gate PROMPT_USDT
KuCoin PROMPTUSDTM
BingX PROMPT-USDT
Variational Omni PROMPT