Funding you earn now, next payment 01:00 UTC−0.0252%/8h= −27.6% APRpaid last 24h −0.078%
Price spread now: Kraken Futures against MEXC+0.157%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$590.591% of the position
Funding, last 7 days+0.321%+$32 on $10k
+Price spread, last 3 days (all we have)−0.017%−$2 · spread now +0.157%, 7d avg +0.040%
=The price spread pays, funding is against you. Kraken Futures is 0.117% dearer against MEXC than usual: you sell high and buy low (spread +0.157% now, against its 7-day average of +0.040%): +$12 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 37 hours. Mind the row above: over the last 7 days funding on this pair paid +0.321%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC TIA_USDT | 0.4388 | 0.0100 | pay 0.0050% / 4h | 3h 21m | $13.2M | $6.7M | 300x |
| Short | Kraken Futures PF_TIAUSD | 0.4395 | −0.0152 | pay 0.0019% / 1h | 21m 31s | $361K | $225K | 50x |
Funding 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
- −$52.95
- Price spread: +0.157% → +0.040%
- $11.73
- Slippage, 4 orders
- −$49.06
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$100.28
- Costs to cover
- 0.591%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Kraken Futures: live order book, 51 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, 2 min ago | 1.14 bp | 2.4 bp −$2 | 10.4 bp −$104 | 70.8 bp −$7,081 | 139.7 bp −$69.9K |
| Sell Kraken Futures live order book, 51 min ago | 13.76 bp | 30.6 bp −$31 | 74.6 bp −$746 | doesn't fit | doesn't fit |
TIA on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX TIA-USDT-SWAP | −0.0152% | 4h | 0.4384 | −0.091% | $2.8M | $5.9M | 50x | as long as short |
| Kraken Futures PF_TIAUSDshort | −0.0152% | 1h | 0.4395 | +0.157% | $361K | $225K | 50x | |
| KuCoin TIAUSDTM | −0.0026% | 4h | 0.4388 | 0.000% | $4.2M | $8.8M | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4394 | +0.137% | $31K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4395 | +0.160% | $1K | — | 150x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4396 | +0.178% | $140K | $359K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0099% | 4h | 0.4395 | +0.160% | $5K | $362K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4396 | +0.187% | $4.5M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4391 | +0.066% | $34K | $249K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4388 | 0.000% | $14.6M | $41.0M | 75x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit TIAUSDT | +0.0100% | 4h | 0.4384 | −0.091% | $9.6M | $12.8M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4389 | +0.023% | $987K | $1.8M | 75x | as long as short |
| MEXC TIA_USDTlong | +0.0100% | 4h | 0.4388 | long leg | $13.2M | $6.7M | 300x | |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4391 | +0.068% | $4.5M | $3.1M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4386 | −0.046% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4392 | +0.103% | $101K | $154K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4386 | −0.051% | $102K | $84K | — | as long as short |
| ApeX Omni TIAUSDT | +0.0100% | 1h | 0.4391 | +0.068% | $49K | $236K | 50x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4397 | +0.205% | $58K | $68K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4383 | −0.103% | $55K | $173K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4393 | +0.109% | $7K | — | 3x | as long as short |
| Injective TIA/USDC PERP | +0.0117% | 1h | 0.4403 | +0.342% | $27K | $10K | 12x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4385 | −0.059% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0256% | 1h | 0.4405 | +0.387% | $51K | $76K | 50x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4393 | +0.114% | $1.3M | $584K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0461% / S −0.3505% | 1h | 0.4395 | +0.170% | $36K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0995% | 1h | 0.4389 | +0.026% | $52K | $59 | 10x | as long as short |
MEXC TIA_USDT
Kraken Futures PF_TIAUSD
OKX TIA-USDT-SWAP
KuCoin TIAUSDTM
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
Lighter TIA
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
Gate TIA_USDT
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
Variational Omni TIA
ApeX Omni TIAUSDT
HTX TIA-USDT
Extended TIA-USD
Injective TIA/USDC PERP
Coinbase International TIA-PERP-INTX
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]