Funding you earn now, next payment 09:00 UTC−0.1106%/8h= −121.1% APRpaid last 24h −0.369%
Price spread now: Kraken Futures against MEXC−0.249%51s7-day average +0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$265as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1191.194% of the position
Funding, last 7 days−1.457%−$146 on $10k
+Price spread, last 4 days (all we have)−1.530%−$153 · spread now −0.249%, 7d avg +0.065%
=Both sides work against this trade now: funding costs −$33 a day on $10k at the current rate, and Kraken Futures is 0.313% cheaper against MEXC than usual: you would sell low and buy high (−$31 if the spread goes back to its 7-day average of +0.065%). Swap the legs. 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 AR_USDT | 4.3000 | 0.0100 | pay 0.0100% / 8h | 7h 21m | $6.1M | $3.7M | 100x |
| Short | Kraken Futures PF_ARUSD | 4.2893 | −0.1006 | pay 0.0126% / 1h | 21m 21s | $53K | $133K | 20x |
MEXC AR_USDT
Kraken Futures PF_ARUSDFunding 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
- −$232.32
- Price spread: −0.249% → +0.065%
- −$31.33
- Slippage, 4 orders
- −$105.39
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$383.04
- Costs to cover
- 1.194%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; Kraken Futures: live order book, 11 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, 1 min ago | 1.16 bp | 3.2 bp −$3 | 20.4 bp −$204 | 214.3 bp −$21.4K | doesn't fit |
| Sell Kraken Futures live order book, 11 min ago | 50.39 bp | 56.6 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
AR on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ARUSDshort | −0.1006% | 1h | 4.2893 | −0.249% | $53K | $133K | 20x | |
| GMX AR/USD [WBTC.b-USDC] | L −0.0140% / S +0.0550% | 1h | 4.3005 | +0.012% | $552K | — | 50x | as long as short |
| Injective AR/USDC PERP | +0.0033% | 1h | 4.4240 | +2.884% | $2K | $5K | 5.5x | as long as short |
| Hyperliquid AR | +0.0100% | 1h | 4.3039 | +0.091% | $3.8M | $4.3M | 5x | as long as short |
| Aster ARUSDT | +0.0100% | 8h | 4.3028 | +0.065% | $32K | $243K | 10x | as long as short |
| Binance ARUSDT | +0.0100% | 8h | 4.3051 | +0.118% | $8.5M | $43.2M | 75x | as long as short |
| Bybit ARUSDT | +0.0100% | 8h | 4.3067 | +0.156% | $4.5M | $8.1M | 75x | as long as short |
| OKX AR-USDT-SWAP | +0.0100% | 8h | 4.3060 | +0.140% | $2.3M | $14.0M | 20x | as long as short |
| Gate AR_USDT | +0.0100% | 8h | 4.3010 | +0.023% | $2.0M | $3.1M | 50x | as long as short |
| MEXC AR_USDTlong | +0.0100% | 8h | 4.3000 | long leg | $6.1M | $3.7M | 100x |
GMX AR/USD [WBTC.b-USDC]
Injective AR/USDC PERP
Hyperliquid AR
Aster ARUSDT
Binance ARUSDT
Bybit ARUSDT
OKX AR-USDT-SWAP
Gate AR_USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ARUSDTM | +0.0100% | 8h | 4.2960 | −0.093% | $1.1M | $1.1M | 50x | as long as short |
| Bitget ARUSDT | +0.0100% | 8h | 4.2970 | −0.070% | $3.7M | $4.7M | 75x | as long as short |
| BingX AR-USDT | +0.0100% | 8h | 4.3050 | +0.116% | — | $2.7M | — | as long as short |
| Variational Omni AR | +0.0100% | 8h | 4.2652 | −0.810% | $245K | $510K | — | as long as short |
| ApeX Omni ARUSDT | +0.0100% | 1h | 4.3020 | +0.047% | $20K | $706K | 50x | as long as short |
| Extended AR-USD | +0.0104% | 1h | 4.2938 | −0.144% | $36K | $240K | 10x | as long as short |
| BloFin AR-USDT | +0.0220% | 8h | 4.3020 | +0.047% | $418K | $439K | 20x | as long as short |
KuCoin ARUSDTM
Bitget ARUSDT
BingX AR-USDT
Variational Omni AR
ApeX Omni ARUSDT
Extended AR-USD
BloFin AR-USDT