Funding you earn now, next payment 03:00 UTC−0.0246%/8h= −26.9% APRpaid last 24h +0.265%
Price spread now: Kraken Futures against MEXC+0.049%51s7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$860.863% of the position
Funding, last 7 days−0.545%−$55 on $10k
+Price spread, last 4 days (all we have)−0.302%−$30 · spread now +0.049%, 7d avg +0.033%
=The price spread sits at its 7-day average of +0.033%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SYN_USDT | 0.2341 | 0.0100 | pay 0.0050% / 4h | 1h 13m | $2.7M | $7.7M | 50x |
| Short | Kraken Futures PF_SYNUSD | 0.2342 | −0.0146 | pay 0.0018% / 1h | 13m 20s | $195K | $574K | 10x |
MEXC SYN_USDT
Kraken Futures PF_SYNUSDFunding 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
- −$51.65
- Price spread: +0.049% → +0.033%
- $1.63
- Slippage, 4 orders
- −$76.35
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$136.37
- Costs to cover
- 0.863%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; Kraken Futures: live order book, 50 min ago.
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, 4 min ago | 2.14 bp | 5.5 bp −$6 | 43.4 bp −$434 | 329.3 bp −$32.9K | 567.3 bp −$283.6K |
| Sell Kraken Futures live order book, 50 min ago | 22.01 bp | 42.0 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
SYN on 8 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_SYNUSDshort | −0.0146% | 1h | 0.2342 | +0.049% | $195K | $574K | 10x | |
| Binance SYNUSDT | +0.0100% | 4h | 0.2342 | +0.051% | $11.7M | $40.9M | 10x | as long as short |
| MEXC SYN_USDTlong | +0.0100% | 4h | 0.2341 | long leg | $2.7M | $7.7M | 50x | |
| Bitget SYNUSDT | +0.0100% | 4h | 0.2342 | +0.038% | $1.3M | $3.1M | 10x | as long as short |
| Orderly PERP_SYN_USDC_mythos | +0.0100% | 4h | 0.2342 | +0.030% | $4K | $38K | 10x | as long as short |
| Phemex SYNUSDT | +0.0100% | 4h | 0.2345 | +0.158% | $1.5M | $1.8M | 50x | as long as short |
| BingX SYN-USDT | +0.0110% | 4h | 0.2344 | +0.107% | — | $3.2M | — | as long as short |
| Aster SYNUSDT | +0.1037% | 4h | 0.2347 | +0.256% | $2.6M | $827K | 5x | as long as short |
Binance SYNUSDT
Bitget SYNUSDT
Orderly PERP_SYN_USDC_mythos
Phemex SYNUSDT
BingX SYN-USDT
Aster SYNUSDT