Funding you earn now, next payment 05:00 UTC−0.2747%/8h= −300.8% APRpaid last 24h −0.733%
Price spread now: MEXC against Kraken Futures−0.067%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$336as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$580.577% of the position
Funding, last 7 days−2.781%−$278 on $10k
+Price spread, last 4 days (all we have)+0.925%+$93 · spread now −0.067%, 7d avg −0.078%
=The price spread sits at its 7-day average of −0.078%, so right now this pair is about funding alone: −$82 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_US100USD | 30,571.6 | 0.2680 | pay 0.0335% / 1h | 43m 30s | $137K | $136K | 20x |
| Short | MEXC NAS100_USDT | 30,551 | −0.0067 | pay 0.0067% / 8h | 3h 43m | $25.6M | $19.7M | 200x |
Kraken Futures PF_US100USD
MEXC NAS100_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
- −$576.93
- Price spread: −0.067% → −0.078%
- $1.01
- Slippage, 4 orders
- −$47.66
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$633.57
- Costs to cover
- 0.577%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 9 min ago; MEXC: live order book, 5 min ago.
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 live order book, 9 min ago | 22.89 bp | 29.2 bp −$29 | 48.7 bp −$487 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 0.16 bp | 0.2 bp $0 | 0.9 bp −$9 | 31.4 bp −$3,138 | 125.2 bp −$62.6K |
NAS100 on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_NAS100_USDC | −0.0213% | 8h | 30,540.7 | −0.101% | $102K | $38K | 20x | as long as short |
| Gate NAS100_USDT | −0.0200% | 8h | 30,507.2 | −0.211% | $1.9M | $3.7M | 100x | as long as short |
| MEXC NAS100_USDTshort | −0.0067% | 8h | 30,551 | −0.067% | $25.6M | $19.7M | 200x | |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,512 | −0.195% | $263K | $374K | 20x | as long as short |
| Bitget NDX100USDT | 0.0000% | 8h | 30,562 | −0.031% | $3.5M | $633K | 50x | as long as short |
| Bullet US100-USD | 0.0000% | 1h | 30,552 | −0.064% | $2K | $90K | 10x | as long as short |
| Phemex NAS100USDT | 0.0000% | 4h | 30,501 | −0.231% | $1.4M | $182K | 10x | as long as short |
| QFEX US100-USD | +0.0002% | 1h | 30,549 | −0.074% | $1.3M | $1.5M | 30x | as long as short |
| Lighter US100 | +0.0032% | 1h | 30,545 | −0.087% | $3.9M | $96.9M | 30x | as long as short |
| Extended TECH100m-USD | +0.0032% | 1h | 30,551.3 | −0.066% | $2.0M | $5.8M | 20x | as long as short |
Orderly PERP_NAS100_USDC
Gate NAS100_USDT
OKX US100-USDT-SWAP
Bitget NDX100USDT
Bullet US100-USD
Phemex NAS100USDT
QFEX US100-USD
Lighter US100
Extended TECH100m-USDShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NDX-USD-PERP | +0.0046% | 1h | 30,842 | +0.884% | — | $202.5M | 50x | as long as short |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,544.9 | −0.088% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,550 | −0.071% | $7.2M | $1.9M | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0114% | 1h | 30,567.7 | −0.013% | $6.0M | $8.4M | 25x | as long as short |
| Kraken Futures PF_US100USDlong | +0.2680% | 1h | 30,571.6 | long leg | $137K | $136K | 20x |
Vest NDX-USD-PERP
Paradex US100-USD-PERP
Polymarket Perps NAS100-USD
Ondo Perps US100-USD.P