Funding you earn now, next payment 05:00 UTC+0.1674%/8h= +183.3% APRpaid last 24h +0.318%
Price spread now: MEXC against Kraken Futures−0.027%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
Funding pays, the price is against you. MEXC is 0.027% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.027% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 1 hour of funding at the current rate (+$50 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_GMTUSD | 0.008531 | −0.1574 | get 0.0197% / 1h | 16m 44s | $44K | $13K | 20x |
| Short | MEXC GMT_USDT | 0.008529 | 0.0100 | get 0.0050% / 4h | 3h 16m | $432K | $210K | 20x |
Kraken Futures PF_GMTUSD
MEXC GMT_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
- $351.59
- Price spread: −0.027% → 0.000%
- −$2.71
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $334.88
- Costs to cover
- 0.140%
- Break-even
- 0.3 days
Slippage unknown: Kraken Futures: no order-book sample; MEXC: live order book, 19 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, 19 min ago | 1.17 bp | 8.4 bp −$8 | 44.9 bp −$449 | 259.1 bp −$25.9K | 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.
GMT 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GMTUSDlong | −0.1574% | 1h | 0.008531 | long leg | $44K | $13K | 20x | |
| Bybit GMTUSDT | −0.0499% | 8h | 0.008528 | −0.039% | $1.1M | $2.0M | 50x | as long as short |
| OKX GMT-USDT-SWAP | −0.0459% | 4h | 0.008524 | −0.086% | $398K | $1.2M | 20x | as long as short |
| KuCoin GMTUSDTM | −0.0412% | 4h | 0.008520 | −0.133% | $275K | $178K | 50x | as long as short |
| Variational Omni GMT | −0.0294% | 8h | 0.008518 | −0.156% | $4K | $5K | — | as long as short |
| Aster GMTUSDT | −0.0074% | 4h | 0.008525 | −0.074% | $7K | $22K | 10x | as long as short |
| Bitget GMTUSDT | −0.0024% | 4h | 0.008527 | −0.051% | $677K | $612K | 50x | as long as short |
| BingX GMT-USDT | +0.0050% | 4h | 0.008525 | −0.074% | — | $1.3M | — | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008528 | −0.039% | $112K | $150K | 3x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008527 | −0.045% | $2.9M | $5.2M | 50x | as long as short |
Bybit GMTUSDT
OKX GMT-USDT-SWAP
KuCoin GMTUSDTM
Variational Omni GMT
Aster GMTUSDT
Bitget GMTUSDT
BingX GMT-USDT
Hyperliquid GMT
Binance GMTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate GMT_USDT | +0.0100% | 8h | 0.008520 | −0.133% | $150K | $175K | 50x | as long as short |
| MEXC GMT_USDTshort | +0.0100% | 4h | 0.008529 | −0.027% | $432K | $210K | 20x |
Gate GMT_USDT