Funding you earn now, next payment 11:00 UTC−3.9992%/8h= −4379.2% APRpaid last 24h −1.753%
Price spread now: MEXC against Kraken Futures+0.152%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 pays, funding is against you. MEXC is 0.152% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.152% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$1,200 a day in funding at the current rate, which eats that in about under an hour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_VELOUSD | 0.004731 | 4.0092 | pay 0.5012% / 1h | 54m 31s | $2K | $3K | 10x |
| Short | MEXC VELO_USDT | 0.004738 | 0.0100 | get 0.0100% / 8h | 5h 54m | $1.4M | $471K | 100x |
Kraken Futures PF_VELOUSD
MEXC VELO_USDTFunding 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
- −$8,398.38
- Price spread: +0.152% → 0.000%
- $15.23
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$8,397.15
- Costs to cover
- 0.140%
- Break-even
- from the start
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 | 5.28 bp | 45.4 bp −$45 | 73.8 bp −$738 | 191.4 bp −$19.1K | 411.2 bp −$205.6K |
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.
VELO on 7 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster VELOUSDT | +0.0100% | 1h | 0.004750 | +0.407% | $5K | $1K | 3x | as long as short |
| Bybit VELOUSDT | +0.0100% | 8h | 0.004748 | +0.364% | $559K | $633K | 5x | as long as short |
| Gate VELO_USDT | +0.0100% | 8h | 0.004729 | −0.038% | $142K | $63K | 20x | as long as short |
| MEXC VELO_USDTshort | +0.0100% | 8h | 0.004738 | +0.152% | $1.4M | $471K | 100x | |
| Variational Omni VELO | +0.0100% | 8h | 0.004734 | +0.074% | $8K | $118 | — | as long as short |
| KuCoin VELOUSDTM | +0.0700% | 4h | 0.004767 | +0.765% | $543K | $42K | 8x | as long as short |
| Kraken Futures PF_VELOUSDlong | +4.0092% | 1h | 0.004731 | long leg | $2K | $3K | 10x |
Aster VELOUSDT
Bybit VELOUSDT
Gate VELO_USDT
Variational Omni VELO
KuCoin VELOUSDTM