Funding you earn now, next payment 01:00 UTC+3.9918%/8h= +4371.1% APRpaid last 24h +1.521%
Price spread now: Kraken Futures against MEXC+1.034%51s7-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 +$1,198 a day on $10k at the current rate, and Kraken Futures is 1.034% dearer against MEXC than usual: you sell high and buy low: +$103 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZIG_USDT | 0.05041 | −0.0290 | get 0.0145% / 4h | 3h 16m | $148K | $109K | 20x |
| Short | Kraken Futures PF_ZIGUSD | 0.05093 | 3.9628 | get 0.4954% / 1h | 16m 24s | $12K | $18K | 10x |
MEXC ZIG_USDT
Kraken Futures PF_ZIGUSDFunding 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
- $8,382.84
- Price spread: +1.034% → 0.000%
- $103.41
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $8,472.25
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 29 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, 29 min ago | 35.70 bp | 254.9 bp −$255 | 953.4 bp −$9,534 | doesn't fit | 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.
ZIG on 2 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC ZIG_USDTlong | −0.0290% | 4h | 0.05041 | long leg | $148K | $109K | 20x | |
| Kraken Futures PF_ZIGUSDshort | +3.9628% | 1h | 0.05093 | +1.034% | $12K | $18K | 10x |