Funding you earn now, next payment 02:00 UTC+0.0736%/8h= +80.6% APRpaid last 24h +0.149%
Price spread now: MEXC against Kraken Futures−0.174%7-day average −0.173% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$940.936% of the position
Funding, last 7 days+0.514%+$51 on $10k
+Price spread, last 3 days (all we have)−0.094%−$9 · spread now −0.174%, 7d avg −0.173%
=The price spread sits at its 7-day average of −0.173%, so right now this pair is about funding alone: +$22 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.514% in total (about 26.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_EGLDUSD | 4.4097 | −0.0636 | get 0.0079% / 1h | 14m 57s | $439K | $700K | 20x |
| Short | MEXC EGLD_USDT | 4.4020 | 0.0100 | get 0.0100% / 8h | 6h 14m | $4.1M | $3.5M | 125x |
Kraken Futures PF_EGLDUSD
MEXC EGLD_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
- $154.56
- Price spread: −0.174% → −0.173%
- −$0.09
- Slippage, 4 orders
- −$79.64
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $60.83
- Costs to cover
- 0.936%
- Break-even
- 4.2 days
Slippage from Kraken Futures: live order book, 53 min ago; MEXC: live order book, 2 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, 53 min ago | 19.02 bp | 40.1 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 3.41 bp | 6.6 bp −$7 | 26.8 bp −$268 | 102.1 bp −$10.2K | 154.9 bp −$77.5K |
EGLD on 11 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_EGLDUSDlong | −0.0636% | 1h | 4.4097 | long leg | $439K | $700K | 20x | |
| Injective EGLD/USDC PERP | +0.0033% | 1h | 3.6600 | −17.000% | $16 | $46K | 5.5x | as long as short |
| Binance EGLDUSDT | +0.0100% | 8h | 4.4010 | −0.196% | $4.8M | $27.6M | 75x | as long as short |
| Bybit EGLDUSDT | +0.0100% | 8h | 4.4010 | −0.196% | $2.7M | $8.9M | 75x | as long as short |
| OKX EGLD-USDT-SWAP | +0.0100% | 8h | 4.4080 | −0.038% | $642K | $5.3M | 20x | as long as short |
| Gate EGLD_USDT | +0.0100% | 8h | 4.4110 | +0.030% | $482K | $713K | 30x | as long as short |
| MEXC EGLD_USDTshort | +0.0100% | 8h | 4.4020 | −0.174% | $4.1M | $3.5M | 125x | |
| KuCoin EGLDUSDTM | +0.0100% | 8h | 4.4080 | −0.038% | $2.8M | $1.4M | 50x | as long as short |
| Bitget EGLDUSDT | +0.0100% | 8h | 4.4080 | −0.038% | $2.2M | $4.3M | 75x | as long as short |
| BingX EGLD-USDT | +0.0100% | 8h | 4.4060 | −0.083% | — | $2.9M | — | as long as short |
Injective EGLD/USDC PERP
Binance EGLDUSDT
Bybit EGLDUSDT
OKX EGLD-USDT-SWAP
Gate EGLD_USDT
KuCoin EGLDUSDTM
Bitget EGLDUSDT
BingX EGLD-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni EGLD | +0.0100% | 8h | 4.4037 | −0.135% | $17K | $54K | — | as long as short |
Variational Omni EGLD