Funding you earn now, next payment 01:00 UTC+0.0047%/8h= +5.2% APRpaid last 24h +0.439%
Price spread now: Kraken Futures against MEXC+0.328%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 a day on $10k at the current rate, and Kraken Futures is 0.328% dearer against MEXC than usual: you sell high and buy low: +$33 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 UMA_USDT | 0.4038 | 0.0100 | pay 0.0050% / 4h | 3h 37m | $230K | $170K | 50x |
| Short | Kraken Futures PF_UMAUSD | 0.4051 | 0.0147 | get 0.0018% / 1h | 37m 21s | $14K | $6K | 10x |
MEXC UMA_USDT
Kraken Futures PF_UMAUSDFunding 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
- $9.92
- Price spread: +0.328% → 0.000%
- $32.84
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $28.77
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 17 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, 17 min ago | 3.71 bp | 16.6 bp −$17 | 69.4 bp −$694 | 131.3 bp −$13.1K | 374.4 bp −$187.2K |
| 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.
UMA on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid UMA | +0.0100% | 1h | 0.4042 | +0.089% | $214K | $71K | 3x | as long as short |
| Aster UMAUSDT | +0.0100% | 4h | 0.4037 | −0.027% | $24K | $2K | 5x | as long as short |
| Binance UMAUSDT | +0.0100% | 4h | 0.4038 | +0.007% | $1.5M | $1.3M | 50x | as long as short |
| Bybit UMAUSDT | +0.0100% | 4h | 0.4040 | +0.050% | $672K | $170K | 25x | as long as short |
| OKX UMA-USDT-SWAP | +0.0100% | 4h | 0.4039 | +0.025% | $314K | $242K | 10x | as long as short |
| Gate UMA_USDT | +0.0100% | 4h | 0.4044 | +0.149% | $78K | $46K | 25x | as long as short |
| MEXC UMA_USDTlong | +0.0100% | 4h | 0.4038 | long leg | $230K | $170K | 50x | |
| KuCoin UMAUSDTM | +0.0100% | 4h | 0.4039 | +0.025% | $164K | $61K | 30x | as long as short |
| Bitget UMAUSDT | +0.0100% | 4h | 0.4045 | +0.173% | $975K | $71K | 50x | as long as short |
| BingX UMA-USDT | +0.0100% | 4h | 0.4041 | +0.074% | — | $2.3M | — | as long as short |
Hyperliquid UMA
Aster UMAUSDT
Binance UMAUSDT
Bybit UMAUSDT
OKX UMA-USDT-SWAP
Gate UMA_USDT
KuCoin UMAUSDTM
Bitget UMAUSDT
BingX UMA-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni UMA | +0.0100% | 4h | 0.4049 | +0.282% | $5K | $7 | — | as long as short |
| BloFin UMA-USDT | +0.0127% | 4h | 0.4037 | −0.025% | $75K | $7K | 50x | as long as short |
| Kraken Futures PF_UMAUSDshort | +0.0147% | 1h | 0.4051 | +0.328% | $14K | $6K | 10x |
Variational Omni UMA
BloFin UMA-USDT