NOT

Alert

Funding spread now, next payment 17:00 UTC+0.7830%/8h

paid, last 24h+0.215%paid, last 4 days+0.063%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 4 days it paid 0.063% in total (about 6.3% 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 NOT_USDT	0.0005055	0.0100	pay 0.0050% / 4h	3h 54m	$1.5M	$463K	200x
Short	Kraken Futures PF_NOTUSD	0.0005092	0.7930	get 0.0991% / 1h	54m 43s	$49K	$8K	10x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee Kraken FuturesbpOrdersRate

Funding earned: $1,644.39
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $1,630.39
Break-even: 0.1 days

Slippage unknown: MEXC: live order book, 3 min ago; Kraken Futures: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: +0.733%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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	0.99 bp	11.7 bp −$12	54.5 bp −$545	95.6 bp −$9,564	118.1 bp −$59.1K
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.

NOT on 16 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Variational Omni NOT	−0.0099%	4h	$62K	$48K	—	as long as short
Injective NOT/USDC PERP	+0.0033%	1h	$1K	$28K	5.5x	as long as short
BloFin NOT-USDT	+0.0094%	4h	$116K	$20K	50x	as long as short
Lighter 1000NOT	+0.0096%	1h	$11K	$7K	3x	as long as short
Hyperliquid NOT	+0.0100%	1h	$371K	$64K	3x	as long as short
Aster NOTUSDT	+0.0100%	4h	$14K	$23K	5x	as long as short
Binance NOTUSDT	+0.0100%	4h	$2.1M	$3.5M	50x	as long as short
Bybit NOTUSDT	+0.0100%	4h	$2.1M	$1.1M	25x	as long as short
OKX NOT-USDT-SWAP	+0.0100%	4h	$605K	$717K	20x	as long as short
Gate NOT_USDT	+0.0100%	4h	$142K	$115K	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
MEXC NOT_USDTlong	+0.0100%	4h	$1.5M	$463K	200x
KuCoin NOTUSDTM	+0.0100%	4h	$487K	$166K	50x	as long as short
Bitget NOTUSDT	+0.0100%	4h	$649K	$479K	50x	as long as short
BingX NOT-USDC	+0.0100%	4h	—	$713K	—	as long as short
Extended kNOT-USD	+0.0104%	1h	$4K	$2K	5x	as long as short
Kraken Futures PF_NOTUSDshort	+0.7930%	1h	$49K	$8K	10x