Funding spread now, next payment 15:00 UTC+0.2634%/8h
paid, last 24h+0.405%paid, last 4 days−0.263%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 -0.263% in total (about -27.0% 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_TUSD | 0.005096 | −0.3690 | get 0.0461% / 1h | 37m 19s | $2K | $3K | 10x |
| Short | MEXC T_USDT | 0.005105 | −0.1056 | pay 0.0528% / 4h | 1h 37m | $3.1M | $298K | 20x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- $553.07
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $539.07
- Break-even
- 0.2 days
Slippage unknown: Kraken Futures: no order-book sample; MEXC: live order book, 1 min ago. Net counts fees only.
Price risk
price view- Price gap now
- +0.173%
- Avg gap 7d
- —
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost 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, 1 min ago | 1.96 bp | 8.6 bp −$9 | 25.2 bp −$252 | 108.3 bp −$10.8K | 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.
T on 8 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Kraken Futures PF_TUSDlong | −0.3690% | 1h | $2K | $3K | 10x | |
| Gate T_USDT | −0.1180% | 4h | $213K | $142K | 20x | as long as short |
| Bitget TUSDT | −0.1090% | 4h | $923K | $802K | 50x | as long as short |
| KuCoin TUSDTM | −0.1088% | 4h | $1.4M | $100K | 12x | as long as short |
| MEXC T_USDTshort | −0.1056% | 4h | $3.1M | $298K | 20x | |
| Binance TUSDT | −0.1045% | 4h | $3.3M | $11.8M | 50x | as long as short |
| Bybit TUSDT | −0.0955% | 4h | $1.7M | $2.5M | 25x | as long as short |
| Variational Omni T | −0.0832% | 4h | $7K | $13K | — | as long as short |
Kraken Futures PF_TUSD
MEXC T_USDT
Gate T_USDT
Bitget TUSDT
KuCoin TUSDTM
Binance TUSDT
Bybit TUSDT
Variational Omni T