Funding you earn now, next payment 06:00 UTC+0.0759%/8h= +83.1% APRpaid last 24h +0.294%
Price spread now: MEXC against Kraken Futures+0.075%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 +$23 a day on $10k at the current rate, and MEXC is 0.075% dearer against Kraken Futures than usual: you sell high and buy low: +$8 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 | Kraken Futures PF_TLMUSD | 0.001497 | −0.0659 | get 0.0082% / 1h | 50m 49s | $22K | $4K | 10x |
| Short | MEXC TLM_USDT | 0.001498 | 0.0100 | get 0.0050% / 4h | 2h 50m | $1.1M | $406K | 20x |
Funding 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
- $159.45
- Price spread: +0.075% → 0.000%
- $7.55
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $153
- Costs to cover
- 0.140%
- Break-even
- 0.3 days
Slippage unknown: Kraken Futures: no order-book sample; MEXC: live order book, 5 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, 5 min ago | 3.34 bp | 10.9 bp −$11 | 56.1 bp −$561 | 196.9 bp −$19.7K | 295.0 bp −$147.5K |
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.
TLM 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TLMUSDlong | −0.0659% | 1h | 0.001497 | long leg | $22K | $4K | 10x | |
| Aster TLMUSDT | +0.0100% | 4h | 0.001498 | +0.078% | $7K | $4K | 5x | as long as short |
| Binance TLMUSDT | +0.0100% | 4h | 0.001499 | +0.164% | $1.5M | $2.3M | 20x | as long as short |
| Bybit TLMUSDT | +0.0100% | 8h | 0.001499 | +0.156% | $389K | $341K | 20x | as long as short |
| Gate TLM_USDT | +0.0100% | 8h | 0.001498 | +0.075% | $95K | $498K | 25x | as long as short |
| MEXC TLM_USDTshort | +0.0100% | 4h | 0.001498 | +0.075% | $1.1M | $406K | 20x | |
| Bitget TLMUSDT | +0.0100% | 4h | 0.001497 | +0.009% | $601K | $184K | 10x | as long as short |
| BingX TLM-USDT | +0.0100% | 4h | 0.001499 | +0.142% | — | $1.3M | — | as long as short |
| Variational Omni TLM | +0.0100% | 8h | 0.001499 | +0.121% | $9K | $1K | — | as long as short |
| edgeX TLMUSDC | +0.0100% | 4h | 0.001497 | −0.001% | $541 | $210K | 5x | as long as short |
Kraken Futures PF_TLMUSD
MEXC TLM_USDT
Aster TLMUSDT
Binance TLMUSDT
Bybit TLMUSDT
Gate TLM_USDT
Bitget TLMUSDT
BingX TLM-USDT
Variational Omni TLM
edgeX TLMUSDC