Settings8H · net · $10k
Funding arb · Price arb /

RARE

all RARE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−1.2263%/8h= −1342.8% APRpaid last 24h −3.261%
Price spread now: MEXC against Kraken Futures−1.026%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$368 a day on $10k at the current rate, and MEXC is 1.026% cheaper against Kraken Futures than usual: you would sell low and buy high (−$103 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_RAREUSD0.013341.2363pay 0.1545% / 1h11m 19s$3K$2K10x
ShortMEXC RARE_USDT0.013200.0100get 0.0050% / 4h2h 11m$622K$171K100x

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

Profit calculator

Funding earned
−$2,575.31
Price spread: −1.026% → 0.000%
−$102.61
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$2,691.92
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; MEXC: live order book, 29 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell MEXC live order book, 29 min ago3.80 bp8.8 bp −$992.4 bp −$924209.6 bp −$21.0K283.0 bp −$141.5K
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.

RARE on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin RARE-USDT+0.0044%4h0.01319−1.101%$105K$12K25xas long as short
BingX RARE-USDT+0.0070%4h0.01320−1.026%$1.3Mas long as short
Aster RAREUSDT+0.0100%4h0.01318−1.142%$8K$3K5xas long as short
Binance RAREUSDT+0.0100%4h0.01321−0.968%$1.6M$1.1M25xas long as short
Bybit RAREUSDT+0.0100%4h0.01322−0.854%$309K$86K25xas long as short
Gate RARE_USDT+0.0100%4h0.01319−1.101%$49K$28K20xas long as short
MEXC RARE_USDTshort+0.0100%4h0.01320−1.026%$622K$171K100x
KuCoin RAREUSDTM+0.0100%4h0.01321−0.951%$202K$71K30xas long as short
Bitget RAREUSDT+0.0100%4h0.01320−1.026%$233K$71K20xas long as short
Variational Omni RARE+0.0100%4h0.01320−1.035%$1K$2Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_RAREUSDlong+1.2363%1h0.01334long leg$3K$2K10x