Funding you earn now, next payment 07:00 UTC−0.0146%/8h= −16.0% APRpaid last 24h +0.168%
Price spread now: Kraken Futures against MEXC−0.033%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 −$4 a day on $10k at the current rate, and Kraken Futures is 0.033% cheaper against MEXC than usual: you would sell low and buy high (−$3 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 | MEXC ID_USDT | 0.03817 | 0.0100 | pay 0.0050% / 4h | 1h 41m | $380K | $212K | 20x |
| Short | Kraken Futures PF_IDUSD | 0.03816 | −0.0046 | pay 0.0006% / 1h | 41m 35s | $4K | $4K | 10x |
MEXC ID_USDT
Kraken Futures PF_IDUSDFunding 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
- −$30.61
- Price spread: −0.033% → 0.000%
- −$3.28
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$47.89
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 49 min ago; Kraken Futures: no order-book sample. 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 MEXC live order book, 49 min ago | 1.33 bp | 10.5 bp −$11 | 28.0 bp −$280 | 125.8 bp −$12.6K | 226.0 bp −$113.0K |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
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.
ID 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_IDUSDshort | −0.0046% | 1h | 0.03816 | −0.033% | $4K | $4K | 10x | |
| BloFin ID-USDT | +0.0099% | 4h | 0.03810 | −0.183% | $156K | $15K | 50x | as long as short |
| Aster IDUSDT | +0.0100% | 4h | 0.03820 | +0.081% | $9K | $2K | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03816 | −0.018% | $2.4M | $3.9M | 50x | as long as short |
| Bybit IDUSDT | +0.0100% | 8h | 0.03818 | +0.026% | $1.5M | $1.1M | 25x | as long as short |
| Gate ID_USDT | +0.0100% | 4h | 0.03818 | +0.026% | $259K | $221K | 25x | as long as short |
| MEXC ID_USDTlong | +0.0100% | 4h | 0.03817 | long leg | $380K | $212K | 20x | |
| KuCoin IDUSDTM | +0.0100% | 4h | 0.03813 | −0.105% | $1.1M | $66K | 30x | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03810 | −0.175% | $12K | $20K | — | as long as short |
| BingX ID-USDT | +0.0300% | 4h | 0.03817 | 0.000% | — | $2.3M | — | as long as short |
BloFin ID-USDT
Aster IDUSDT
Binance IDUSDT
Bybit IDUSDT
Gate ID_USDT
KuCoin IDUSDTM
Variational Omni ID
BingX ID-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget IDUSDT | +0.0310% | 4h | 0.03822 | +0.131% | $992K | $743K | 50x | as long as short |
Bitget IDUSDT