Funding you earn now, next payment 09:00 UTC−0.5078%/8h= −556.1% APRpaid last 24h +0.217%
Price spread now: MEXC against Kraken Futures−0.533%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 −$152 a day on $10k at the current rate, and MEXC is 0.533% cheaper against Kraken Futures than usual: you would sell low and buy high (−$53 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_SKLUSD | 0.004513 | 0.5178 | pay 0.0647% / 1h | 28m 49s | $4K | $5K | 10x |
| Short | MEXC SKL_USDT | 0.004489 | 0.0100 | get 0.0050% / 4h | 3h 28m | $344K | $188K | 20x |
Kraken Futures PF_SKLUSD
MEXC SKL_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
- −$1,066.48
- Price spread: −0.533% → 0.000%
- −$53.33
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$1,133.81
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; MEXC: live order book, 51 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, 51 min ago | 1.11 bp | 14.3 bp −$14 | 77.3 bp −$773 | 220.0 bp −$22.0K | 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.
SKL on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SKLUSDT | +0.0100% | 4h | 0.004482 | −0.698% | $2.6M | $8.1M | 50x | as long as short |
| Bybit SKLUSDT | +0.0100% | 8h | 0.004478 | −0.777% | $823K | $944K | 25x | as long as short |
| Gate SKL_USDT | +0.0100% | 4h | 0.004480 | −0.733% | $158K | $230K | 50x | as long as short |
| MEXC SKL_USDTshort | +0.0100% | 4h | 0.004489 | −0.533% | $344K | $188K | 20x | |
| KuCoin SKLUSDTM | +0.0100% | 4h | 0.004493 | −0.445% | $768K | $278K | 30x | as long as short |
| Bitget SKLUSDT | +0.0100% | 4h | 0.004485 | −0.622% | $465K | $782K | 25x | as long as short |
| BingX SKL-USDT | +0.0100% | 4h | 0.004484 | −0.644% | — | $2.3M | — | as long as short |
| Variational Omni SKL | +0.0100% | 8h | 0.004480 | −0.727% | $782 | $1K | — | as long as short |
| BloFin SKL-USDT | +0.0154% | 4h | 0.004490 | −0.511% | $169K | $21K | 50x | as long as short |
| Kraken Futures PF_SKLUSDlong | +0.5178% | 1h | 0.004513 | long leg | $4K | $5K | 10x |
Binance SKLUSDT
Bybit SKLUSDT
Gate SKL_USDT
KuCoin SKLUSDTM
Bitget SKLUSDT
BingX SKL-USDT
Variational Omni SKL
BloFin SKL-USDT