Funding you earn now, next payment 07:00 UTC+0.1161%/8h= +127.1% APRpaid last 24h −0.022%
Price spread now: MEXC against Kraken Futures−0.046%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.131%+$13 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. MEXC is 0.046% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.046% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 3 hours of funding at the current rate (+$35 a day). At the pace of the last 7 days (+0.131% in total) that is about 2.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.131% in total (about 6.8% a year). A funding rate is set anew for every payment. 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 | Kraken Futures PF_RIVERUSD | 1.2686 | −0.0719 | get 0.0090% / 1h | 6m 36s | $53K | $88K | 10x |
| Short | MEXC RIVER_USDT | 1.2680 | 0.0442 | get 0.0221% / 4h | 1h 06m | $3.7M | $1.7M | 50x |
Kraken Futures PF_RIVERUSD
MEXC RIVER_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
- $243.79
- Price spread: −0.046% → 0.000%
- −$4.63
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $229.17
- Costs to cover
- 0.100%
- Break-even
- 0.4 days
Slippage unknown: Kraken Futures: no order-book sample; MEXC: live order book, 1 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, 1 min ago | 3.94 bp | 6.4 bp −$6 | 20.5 bp −$205 | 174.0 bp −$17.4K | 616.7 bp −$308.3K |
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.
RIVER on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_RIVERUSDlong | −0.0719% | 1h | 1.2686 | long leg | $53K | $88K | 10x | |
| Lighter RIVER | +0.0096% | 1h | 1.2680 | −0.046% | $41K | $14K | 3x | as long as short |
| KuCoin RIVERUSDTM | +0.0100% | 4h | 1.2670 | −0.125% | $2.5M | $4.0M | 50x | as long as short |
| Variational Omni RIVER | +0.0100% | 4h | 1.2698 | +0.093% | $43K | $3K | — | as long as short |
| GRVT RIVER_USDT_Perp | +0.0100% | 4h | 1.2700 | +0.111% | $27K | $466K | 10x | as long as short |
| SunX RIVER-USDT | +0.0100% | 4h | 1.2660 | −0.204% | $1K | $1.2M | 20x | as long as short |
| HTX RIVER-USDT | +0.0100% | 4h | 1.2730 | +0.348% | $49K | $71K | 20x | as long as short |
| Gate RIVER_USDT | +0.0168% | 4h | 1.2690 | +0.033% | $427K | $103K | 20x | as long as short |
| Bybit RIVERUSDT | +0.0200% | 4h | 1.2670 | −0.125% | $3.9M | $1.7M | 25x | as long as short |
| Bitget RIVERUSDT | +0.0202% | 4h | 1.2670 | −0.125% | $3.0M | $2.4M | 20x | as long as short |
Lighter RIVER
KuCoin RIVERUSDTM
Variational Omni RIVER
GRVT RIVER_USDT_Perp
SunX RIVER-USDT
HTX RIVER-USDT
Gate RIVER_USDT
Bybit RIVERUSDT
Bitget RIVERUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX RIVER-USDT-SWAP | +0.0207% | 4h | 1.2700 | +0.111% | $2.1M | $4.1M | 20x | as long as short |
| BloFin RIVER-USDT | +0.0390% | 4h | 1.2680 | −0.046% | $392K | $31K | 50x | as long as short |
| BingX RIVER-USDT | +0.0418% | 4h | 1.2690 | +0.033% | — | $6.8M | — | as long as short |
| MEXC RIVER_USDTshort | +0.0442% | 4h | 1.2680 | −0.046% | $3.7M | $1.7M | 50x | |
| Binance RIVERUSDT | +0.0443% | 4h | 1.2682 | −0.034% | $6.1M | $12.0M | 50x | as long as short |
| Aster RIVERUSDT | +0.0553% | 4h | 1.2682 | −0.027% | $71K | $28K | 10x | as long as short |
OKX RIVER-USDT-SWAP
BloFin RIVER-USDT
BingX RIVER-USDT
Binance RIVERUSDT
Aster RIVERUSDT