Funding you earn now, next payment 08:00 UTC+0.1470%/8h= +161.0% APRpaid last 24h −0.069%
Price spread now: Kraken Futures against MEXC−0.568%51s7-day average −0.091% · you buy dearer than you sell
Net, funding: paid 7d − costs−$455as 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−$3663.659% of the position
Funding, last 7 days−0.893%−$89 on $10k
+Price spread, last 4 days (all we have)+0.414%+$41 · spread now −0.568%, 7d avg −0.091%
=Funding pays, the price is against you. Kraken Futures is 0.477% cheaper against MEXC than usual: you would sell low and buy high (spread −0.568% now, against its 7-day average of −0.091%). If the spread goes back, that is −$48 on $10k: about 26 hours of funding at the current rate (+$44 a day). Mind the row above: over the last 7 days funding on this pair cost −0.893%, so the current rate has only just turned in your favour. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.893% in total (about -46.5% 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 | MEXC MUBARAK_USDT | 0.05390 | 0.0912 | pay 0.0456% / 4h | 9m 25s | $1.8M | $2.8M | 50x |
| Short | Kraken Futures PF_MUBARAKUSD | 0.05359 | 0.2382 | get 0.0298% / 1h | 9m 25s | $78K | $818K | 10x |
MEXC MUBARAK_USDT
Kraken Futures PF_MUBARAKUSDFunding 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
- $308.72
- Price spread: −0.568% → −0.091%
- −$47.66
- Slippage, 4 orders
- −$351.94
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$104.88
- Costs to cover
- 3.659%
- Break-even
- 9.4 days
Slippage from MEXC: live order book, 3 min ago; Kraken Futures: live order book, 29 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, 3 min ago | 23.26 bp | 31.3 bp −$31 | 69.4 bp −$694 | 221.7 bp −$22.2K | 543.9 bp −$272.0K |
| Sell Kraken Futures live order book, 29 min ago | 77.01 bp | 128.2 bp −$128 | doesn't fit | doesn't fit | doesn't fit |
MUBARAK 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MUBARAKUSDT | +0.0622% | 4h | 0.05384 | −0.111% | $3.7M | $21.2M | 25x | as long as short |
| OKX MUBARAK-USDT-SWAP | +0.0651% | 4h | 0.05387 | −0.048% | $4.3M | $123.0M | 20x | as long as short |
| Aster MUBARAKUSDT | +0.0791% | 4h | 0.05389 | −0.014% | $45K | $1.0M | 5x | as long as short |
| MEXC MUBARAK_USDTlong | +0.0912% | 4h | 0.05390 | long leg | $1.8M | $2.8M | 50x | |
| Binance MUBARAKUSDT | +0.0913% | 4h | 0.05373 | −0.315% | $24.3M | $226.6M | 25x | as long as short |
| Variational Omni MUBARAK | +0.1221% | 4h | 0.05349 | −0.761% | $13K | $74K | — | as long as short |
| KuCoin MUBARAKUSDTM | +0.1404% | 4h | 0.05379 | −0.204% | $2.9M | $3.5M | 30x | as long as short |
| BingX MUBARAK-USDT | +0.1624% | 4h | 0.05365 | −0.464% | — | $4.8M | — | as long as short |
| Bybit MUBARAKUSDT | +0.1735% | 4h | 0.05387 | −0.054% | $5.3M | $31.3M | 25x | as long as short |
| Kraken Futures PF_MUBARAKUSDshort | +0.2382% | 1h | 0.05359 | −0.568% | $78K | $818K | 10x |
Bitget MUBARAKUSDT
OKX MUBARAK-USDT-SWAP
Aster MUBARAKUSDT
Binance MUBARAKUSDT
Variational Omni MUBARAK
KuCoin MUBARAKUSDTM
BingX MUBARAK-USDT
Bybit MUBARAKUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MUBARAK_USDT | +0.2630% | 4h | 0.05383 | −0.130% | $9.3M | $13.9M | 50x | as long as short |
Gate MUBARAK_USDT