Funding you earn now, next payment 07:00 UTC−0.0450%/8h= −49.3% APRpaid last 24h −0.293%
Price spread now: Kraken Futures against MEXC+0.011%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$13 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC TLM_USDT | 0.001493 | 0.0100 | pay 0.0050% / 4h | 1h 05m | $1.1M | $422K | 20x |
| Short | Kraken Futures PF_TLMUSD | 0.001493 | −0.0350 | pay 0.0044% / 1h | 5m 58s | $22K | $4K | 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
- −$94.47
- Price spread: +0.011% → 0.000%
- $1.14
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$107.33
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 5 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, 5 min ago | 3.35 bp | 13.0 bp −$13 | 60.1 bp −$601 | 198.5 bp −$19.9K | 303.2 bp −$151.6K |
| 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.
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_TLMUSDshort | −0.0350% | 1h | 0.001493 | +0.011% | $22K | $4K | 10x | |
| Aster TLMUSDT | +0.0100% | 4h | 0.001494 | +0.052% | $7K | $623 | 5x | as long as short |
| Binance TLMUSDT | +0.0100% | 4h | 0.001494 | +0.034% | $1.5M | $2.3M | 20x | as long as short |
| Bybit TLMUSDT | +0.0100% | 8h | 0.001495 | +0.134% | $386K | $321K | 20x | as long as short |
| MEXC TLM_USDTlong | +0.0100% | 4h | 0.001493 | long leg | $1.1M | $422K | 20x | |
| Bitget TLMUSDT | +0.0100% | 4h | 0.001493 | 0.000% | $601K | $164K | 10x | as long as short |
| BingX TLM-USDT | +0.0100% | 4h | 0.001493 | 0.000% | — | $1.3M | — | as long as short |
| Variational Omni TLM | +0.0100% | 8h | 0.001494 | +0.072% | $9K | $1K | — | as long as short |
| edgeX TLMUSDC | +0.0100% | 4h | 0.001495 | +0.113% | $540 | $210K | 5x | as long as short |
| Gate TLM_USDT | +0.0126% | 8h | 0.001494 | +0.067% | $91K | $496K | 25x | as long as short |
MEXC TLM_USDT
Kraken Futures PF_TLMUSD
Aster TLMUSDT
Binance TLMUSDT
Bybit TLMUSDT
Bitget TLMUSDT
BingX TLM-USDT
Variational Omni TLM
edgeX TLMUSDC
Gate TLM_USDT