Funding you earn now, next payment 09:00 UTC+0.5078%/8h= +556.1% APRpaid last 24h −0.217%
Price spread now: Kraken Futures against MEXC+0.536%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$152 a day on $10k at the current rate, and Kraken Futures is 0.536% dearer against MEXC than usual: you sell high and buy low: +$54 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SKL_USDT | 0.004489 | 0.0100 | pay 0.0050% / 4h | 3h 28m | $344K | $188K | 20x |
| Short | Kraken Futures PF_SKLUSD | 0.004513 | 0.5178 | get 0.0647% / 1h | 28m 49s | $4K | $5K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against MEXC. 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: +0.536% → 0.000%
- $53.61
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $1,106.1
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 51 min ago; Kraken Futures: no order-book sample. 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 MEXC live order book, 51 min ago | 1.11 bp | 16.5 bp −$16 | 60.6 bp −$606 | 206.0 bp −$20.6K | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
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 | −0.166% | $2.6M | $8.1M | 50x | as long as short |
| Bybit SKLUSDT | +0.0100% | 8h | 0.004478 | −0.245% | $823K | $944K | 25x | as long as short |
| Gate SKL_USDT | +0.0100% | 4h | 0.004480 | −0.200% | $158K | $230K | 50x | as long as short |
| MEXC SKL_USDTlong | +0.0100% | 4h | 0.004489 | long leg | $344K | $188K | 20x | |
| KuCoin SKLUSDTM | +0.0100% | 4h | 0.004493 | +0.089% | $768K | $278K | 30x | as long as short |
| Bitget SKLUSDT | +0.0100% | 4h | 0.004485 | −0.089% | $465K | $782K | 25x | as long as short |
| BingX SKL-USDT | +0.0100% | 4h | 0.004484 | −0.111% | — | $2.3M | — | as long as short |
| Variational Omni SKL | +0.0100% | 8h | 0.004480 | −0.195% | $782 | $1K | — | as long as short |
| BloFin SKL-USDT | +0.0154% | 4h | 0.004490 | +0.022% | $169K | $21K | 50x | as long as short |
| Kraken Futures PF_SKLUSDshort | +0.5178% | 1h | 0.004513 | +0.536% | $4K | $5K | 10x |
MEXC SKL_USDT
Kraken Futures PF_SKLUSD
Binance SKLUSDT
Bybit SKLUSDT
Gate SKL_USDT
KuCoin SKLUSDTM
Bitget SKLUSDT
BingX SKL-USDT
Variational Omni SKL
BloFin SKL-USDT