Funding you earn now, next payment 09:00 UTC+0.0403%/8h= +44.1% APRpaid last 24h +0.619%
Price spread now: Kraken Futures against MEXC+0.117%7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs+$219as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$510.510% of the position
Funding, last 7 days+2.700%+$270 on $10k
+Price spread, last 4 days (all we have)−0.760%−$76 · spread now +0.117%, 7d avg +0.075%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Kraken Futures is 0.042% dearer against MEXC than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.075%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC NAS100_USDT | 30,404 | −0.0063 | get 0.0063% / 8h | 7h 36m | $22.5M | $21.7M | 200x |
| Short | Kraken Futures PF_US100USD | 30,439.5 | 0.0340 | get 0.0042% / 1h | 36m 46s | $141K | $128K | 20x |
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
- $84.58
- Price spread: +0.117% → +0.075%
- $4.22
- Slippage, 4 orders
- −$40.99
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $37.81
- Costs to cover
- 0.510%
- Break-even
- 3.9 days
Slippage from MEXC: live order book, 2 min ago; Kraken Futures: live order book, 61 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 MEXC live order book, 2 min ago | 0.16 bp | 0.2 bp $0 | 1.0 bp −$10 | 30.4 bp −$3,037 | 123.7 bp −$61.8K |
| Sell Kraken Futures live order book, 61 min ago | 15.24 bp | 27.6 bp −$28 | 70.2 bp −$702 | doesn't fit | doesn't fit |
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 | −0.0282% | 8h | 30,402.4 | −0.005% | $100K | $39K | 20x | as long as short |
| Gate NAS100_USDT | −0.0200% | 8h | 30,391.4 | −0.041% | $1.9M | $3.2M | 100x | as long as short |
| MEXC NAS100_USDTlong | −0.0063% | 8h | 30,404 | long leg | $22.5M | $21.7M | 200x | |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,372 | −0.105% | $265K | $388K | 20x | as long as short |
| Bitget NDX100USDT | 0.0000% | 8h | 30,429 | +0.082% | $3.5M | $572K | 50x | as long as short |
| Bullet US100-USD | 0.0000% | 1h | 30,412 | +0.026% | $4K | $91K | 10x | as long as short |
| Phemex NAS100USDT | 0.0000% | 4h | 30,395.1 | −0.029% | $1.4M | $190K | 10x | as long as short |
| QFEX US100-USD | +0.0001% | 1h | 30,414 | +0.033% | $1.2M | $1.5M | 30x | as long as short |
| Lighter US100 | +0.0032% | 1h | 30,400 | −0.013% | $3.9M | $94.8M | 30x | as long as short |
| Extended TECH100m-USD | +0.0032% | 1h | 30,411 | +0.023% | $1.9M | $5.2M | 20x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NDX-USD-PERP | +0.0046% | 1h | 30,706.8 | +0.996% | — | $205.8M | 50x | as long as short |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,397.9 | −0.020% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,413 | +0.030% | $7.2M | $1.9M | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0050% | 1h | 30,414 | +0.033% | $6.0M | $9.3M | 25x | as long as short |
| Kraken Futures PF_US100USDshort | +0.0340% | 1h | 30,439.5 | +0.117% | $141K | $128K | 20x |
MEXC NAS100_USDT
Kraken Futures PF_US100USD
Gate NAS100_USDT
OKX US100-USDT-SWAP
Bitget NDX100USDT
Bullet US100-USD
Phemex NAS100USDT
Lighter US100
Extended TECH100m-USD
Paradex US100-USD-PERP
Polymarket Perps NAS100-USD