Funding you earn now, next payment 09:00 UTC+3.9376%/8h= +4311.6% APRpaid last 24h +4.220%
Price spread now: Kraken Futures against MEXC+0.739%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 +$1,181 a day on $10k at the current rate, and Kraken Futures is 0.739% dearer against MEXC than usual: you sell high and buy low: +$74 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 SWARMS_USDT | 0.008198 | 0.0466 | pay 0.0233% / 4h | 3h 43m | $151K | $97K | 100x |
| Short | Kraken Futures PF_SWARMSUSD | 0.008259 | 3.9842 | get 0.4980% / 1h | 43m 53s | $9K | $45 | 10x |
MEXC SWARMS_USDT
Kraken Futures PF_SWARMSUSDFunding 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
- $8,268.91
- Price spread: +0.739% → 0.000%
- $73.88
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $8,328.79
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 26 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, 26 min ago | 1.81 bp | 38.4 bp −$38 | 72.0 bp −$720 | 222.0 bp −$22.2K | 533.0 bp −$266.5K |
| 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.
SWARMS on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate SWARMS_USDT | +0.0100% | 4h | 0.008195 | −0.037% | $948K | $114K | 10x | as long as short |
| Binance SWARMSUSDT | +0.0455% | 4h | 0.008204 | +0.073% | $3.5M | $3.5M | 20x | as long as short |
| Extended SWARMS-USD | +0.0456% | 1h | 0.008202 | +0.046% | $7K | $209K | 5x | as long as short |
| MEXC SWARMS_USDTlong | +0.0466% | 4h | 0.008198 | long leg | $151K | $97K | 100x | |
| BingX SWARMS-USDT | +0.0478% | 4h | 0.008201 | +0.037% | — | $6.5M | — | as long as short |
| BloFin SWARMS-USDT | +0.0486% | 4h | 0.008213 | +0.183% | $224K | $8K | 20x | as long as short |
| Aster SWARMSUSDT | +0.0575% | 4h | 0.008196 | −0.018% | $31K | $102K | 5x | as long as short |
| KuCoin SWARMSUSDTM | +0.1306% | 4h | 0.008208 | +0.122% | $770K | $121K | 20x | as long as short |
| Kraken Futures PF_SWARMSUSDshort | +3.9842% | 1h | 0.008259 | +0.739% | $9K | $45 | 10x |
Gate SWARMS_USDT
Binance SWARMSUSDT
Extended SWARMS-USD
BingX SWARMS-USDT
BloFin SWARMS-USDT
Aster SWARMSUSDT
KuCoin SWARMSUSDTM