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
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 −$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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_RAREUSD | 0.01334 | 1.2363 | pay 0.1545% / 1h | 11m 19s | $3K | $2K | 10x |
| Short | MEXC RARE_USDT | 0.01320 | 0.0100 | get 0.0050% / 4h | 2h 11m | $622K | $171K | 100x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 29 min ago | 3.80 bp | 8.8 bp −$9 | 92.4 bp −$924 | 209.6 bp −$21.0K | 283.0 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin RARE-USDT | +0.0044% | 4h | 0.01319 | −1.101% | $105K | $12K | 25x | as long as short |
| BingX RARE-USDT | +0.0070% | 4h | 0.01320 | −1.026% | — | $1.3M | — | as long as short |
| Aster RAREUSDT | +0.0100% | 4h | 0.01318 | −1.142% | $8K | $3K | 5x | as long as short |
| Binance RAREUSDT | +0.0100% | 4h | 0.01321 | −0.968% | $1.6M | $1.1M | 25x | as long as short |
| Bybit RAREUSDT | +0.0100% | 4h | 0.01322 | −0.854% | $309K | $86K | 25x | as long as short |
| Gate RARE_USDT | +0.0100% | 4h | 0.01319 | −1.101% | $49K | $28K | 20x | as long as short |
| MEXC RARE_USDTshort | +0.0100% | 4h | 0.01320 | −1.026% | $622K | $171K | 100x | |
| KuCoin RAREUSDTM | +0.0100% | 4h | 0.01321 | −0.951% | $202K | $71K | 30x | as long as short |
| Bitget RAREUSDT | +0.0100% | 4h | 0.01320 | −1.026% | $233K | $71K | 20x | as long as short |
| Variational Omni RARE | +0.0100% | 4h | 0.01320 | −1.035% | $1K | $2K | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_RAREUSDlong | +1.2363% | 1h | 0.01334 | long leg | $3K | $2K | 10x |
Kraken Futures PF_RAREUSD
MEXC RARE_USDT
BloFin RARE-USDT
BingX RARE-USDT
Aster RAREUSDT
Binance RAREUSDT
Bybit RAREUSDT
Gate RARE_USDT
KuCoin RAREUSDTM
Bitget RAREUSDT
Variational Omni RARE