Funding you earn now, next payment 01:00 UTC+0.0531%/8h= +58.1% APRpaid last 24h +0.076%
Price spread now: Kraken Futures against MEXC+0.320%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$16 a day on $10k at the current rate, and Kraken Futures is 0.320% dearer against MEXC than usual: you sell high and buy low: +$32 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZRX_USDT | 0.1199 | 0.0100 | pay 0.0050% / 4h | 3h 47m | $899K | $158K | 50x |
| Short | Kraken Futures PF_ZRXUSD | 0.1203 | 0.0631 | get 0.0079% / 1h | 47m 15s | $39K | $4K | 10x |
MEXC ZRX_USDT
Kraken Futures PF_ZRXUSDFunding 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
- $111.5
- Price spread: +0.320% → 0.000%
- $32.01
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $129.51
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 19 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, 19 min ago | 8.39 bp | 10.4 bp −$10 | 48.1 bp −$481 | 220.6 bp −$22.1K | doesn't fit |
| 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.
ZRX 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZRXUSDTM | −0.0076% | 4h | 0.1196 | −0.250% | $328K | $59K | 30x | as long as short |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1198 | −0.058% | $1.8M | $1.2M | 50x | as long as short |
| Bybit ZRXUSDT | +0.0100% | 8h | 0.1199 | +0.033% | $1.4M | $339K | 25x | as long as short |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1199 | +0.033% | $533K | $269K | 20x | as long as short |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1198 | −0.108% | $147K | $41K | 75x | as long as short |
| MEXC ZRX_USDTlong | +0.0100% | 4h | 0.1199 | long leg | $899K | $158K | 50x | |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1198 | −0.083% | $582K | $121K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1199 | 0.000% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1197 | −0.195% | $23K | $41K | — | as long as short |
| BloFin ZRX-USDT | +0.0124% | 4h | 0.1200 | +0.083% | $94K | $19K | 50x | as long as short |
KuCoin ZRXUSDTM
Binance ZRXUSDT
Bybit ZRXUSDT
OKX ZRX-USDT-SWAP
Gate ZRX_USDT
Bitget ZRXUSDT
BingX ZRX-USDT
Variational Omni ZRX
BloFin ZRX-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZRXUSDshort | +0.0631% | 1h | 0.1203 | +0.320% | $39K | $4K | 10x |