Funding you earn now, next payment 06:00 UTC+0.0051%/8h= +5.6% APRpaid last 24h +0.208%
Price spread now: Kraken Futures against MEXC+0.176%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 +$2 a day on $10k at the current rate, and Kraken Futures is 0.176% dearer against MEXC than usual: you sell high and buy low: +$18 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 XCN_USDT | 0.004401 | 0.0100 | pay 0.0050% / 4h | 2h 50m | $2.3M | $162K | 20x |
| Short | Kraken Futures PF_XCNUSD | 0.004409 | 0.0151 | get 0.0019% / 1h | 50m 31s | $2K | $2K | 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
- $10.7
- Price spread: +0.176% → 0.000%
- $17.6
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $14.31
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 1 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, 1 min ago | 1.14 bp | 23.1 bp −$23 | 105.6 bp −$1,056 | 198.2 bp −$19.8K | 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.
XCN on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster XCNUSDT | +0.0100% | 1h | 0.004401 | −0.010% | $9K | $3K | 3x | as long as short |
| Bybit XCNUSDT | +0.0100% | 4h | 0.004406 | +0.114% | $1.0M | $1.5M | 5x | as long as short |
| Gate XCN_USDT | +0.0100% | 4h | 0.004391 | −0.227% | $347K | $91K | 10x | as long as short |
| MEXC XCN_USDTlong | +0.0100% | 4h | 0.004401 | long leg | $2.3M | $162K | 20x | |
| BingX XCN-USDT | +0.0100% | 4h | 0.004405 | +0.091% | — | $1.6M | — | as long as short |
| Variational Omni XCN | +0.0100% | 4h | 0.004406 | +0.107% | $10K | $511 | — | as long as short |
| Kraken Futures PF_XCNUSDshort | +0.0151% | 1h | 0.004409 | +0.176% | $2K | $2K | 10x |
MEXC XCN_USDT
Kraken Futures PF_XCNUSD
Aster XCNUSDT
Bybit XCNUSDT
Gate XCN_USDT
BingX XCN-USDT
Variational Omni XCN