Funding you earn now, next payment 01:00 UTC−0.3253%/8h= −356.2% APRpaid last 24h −0.850%
Price spread now: Kraken Futures against MEXC−0.058%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 −$98 a day on $10k at the current rate, and Kraken Futures is 0.058% cheaper against MEXC than usual: you would sell low and buy high (−$6 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 | MEXC T_USDT | 0.005174 | −0.0550 | get 0.0275% / 4h | 3h 05m | $3.1M | $257K | 20x |
| Short | Kraken Futures PF_TUSD | 0.005171 | −0.3803 | pay 0.0475% / 1h | 5m 47s | $2K | $2K | 10x |
MEXC T_USDT
Kraken Futures PF_TUSDFunding 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
- −$683.09
- Price spread: −0.058% → 0.000%
- −$5.78
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$702.87
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 6 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, 6 min ago | 0.97 bp | 8.2 bp −$8 | 22.1 bp −$221 | 121.0 bp −$12.1K | 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.
T 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_TUSDshort | −0.3803% | 1h | 0.005171 | −0.058% | $2K | $2K | 10x | |
| KuCoin TUSDTM | −0.0558% | 4h | 0.005176 | +0.039% | $1.4M | $82K | 12x | as long as short |
| MEXC T_USDTlong | −0.0550% | 4h | 0.005174 | long leg | $3.1M | $257K | 20x | |
| Binance TUSDT | −0.0541% | 4h | 0.005175 | +0.019% | $3.3M | $8.1M | 50x | as long as short |
| Variational Omni T | −0.0490% | 4h | 0.005172 | −0.047% | $8K | $9K | — | as long as short |
| Bitget TUSDT | −0.0360% | 4h | 0.005170 | −0.077% | $883K | $590K | 50x | as long as short |
| Gate T_USDT | −0.0038% | 4h | 0.005177 | +0.058% | $214K | $100K | 20x | as long as short |
| Bybit TUSDT | +0.0100% | 4h | 0.005171 | −0.058% | $1.6M | $1.6M | 25x | as long as short |
KuCoin TUSDTM
Binance TUSDT
Variational Omni T
Bitget TUSDT
Gate T_USDT
Bybit TUSDT