Funding you earn now, next payment 06:00 UTC−3.2953%/8h= −3608.4% APRpaid last 24h −4.434%
Price spread now: MEXC against Kraken Futures−0.051%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$989 a day on $10k at the current rate, and MEXC is 0.051% cheaper against Kraken Futures than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_DEEPUSD | 0.01973 | 3.3053 | pay 0.4132% / 1h | 2m 20s | $8K | $10K | 10x |
| Short | MEXC DEEP_USDT | 0.01972 | 0.0100 | get 0.0050% / 4h | 2h 02m | $1.1M | $479K | 100x |
Kraken Futures PF_DEEPUSD
MEXC DEEP_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
- −$6,920.22
- Price spread: −0.051% → 0.000%
- −$5.1
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$6,939.32
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; MEXC: live order book, 4 min ago. 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 4 min ago | 5.08 bp | 22.9 bp −$23 | 113.8 bp −$1,138 | 263.2 bp −$26.3K | doesn't fit |
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.
DEEP on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin DEEP-PERP | −0.3006% | 1h | 0.01954 | −0.963% | $80K | $11K | 20x | as long as short |
| BloFin DEEP-USDT | +0.0088% | 8h | 0.01966 | −0.355% | $132K | $32K | 50x | as long as short |
| Binance DEEPUSDT | +0.0100% | 4h | 0.01973 | 0.000% | $2.1M | $6.2M | 50x | as long as short |
| Bybit DEEPUSDT | +0.0100% | 8h | 0.01967 | −0.304% | $4.2M | $2.8M | 50x | as long as short |
| Gate DEEP_USDT | +0.0100% | 4h | 0.01969 | −0.203% | $303K | $90K | 50x | as long as short |
| MEXC DEEP_USDTshort | +0.0100% | 4h | 0.01972 | −0.051% | $1.1M | $479K | 100x | |
| KuCoin DEEPUSDTM | +0.0100% | 4h | 0.01975 | +0.101% | $1.8M | $95K | 20x | as long as short |
| Bitget DEEPUSDT | +0.0100% | 4h | 0.01972 | −0.051% | $826K | $578K | 50x | as long as short |
| BingX DEEP-USDT | +0.0100% | 4h | 0.01972 | −0.051% | — | $6.6M | — | as long as short |
| Variational Omni DEEP | +0.0100% | 8h | 0.01968 | −0.271% | $13K | $9K | — | as long as short |
Bluefin DEEP-PERP
BloFin DEEP-USDT
Binance DEEPUSDT
Bybit DEEPUSDT
Gate DEEP_USDT
KuCoin DEEPUSDTM
Bitget DEEPUSDT
BingX DEEP-USDT
Variational Omni DEEPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended DEEP-USD | +0.0104% | 1h | 0.01972 | −0.038% | $6K | $236K | 5x | as long as short |
| Kraken Futures PF_DEEPUSDlong | +3.3053% | 1h | 0.01973 | long leg | $8K | $10K | 10x |
Extended DEEP-USD