Funding you earn now, next payment 03:00 UTC−3.3615%/8h= −3680.9% APRpaid last 24h −3.561%
Price spread now: MEXC against Kraken Futures+0.286%51s7-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
The price spread pays, funding is against you. MEXC is 0.286% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.286% now, against zero (this spread has no 7-day history yet)): +$29 on $10k if it goes back. Holding the pair costs −$1,008 a day in funding at the current rate, which eats that in about under an hour. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_DEEPUSD | 0.01977 | 3.3715 | pay 0.4214% / 1h | 5m 24s | $7K | $7K | 10x |
| Short | MEXC DEEP_USDT | 0.01983 | 0.0100 | get 0.0050% / 4h | 1h 05m | $1.1M | $498K | 100x |
Kraken Futures PF_DEEPUSD
MEXC DEEP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Kraken Futures. 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
- −$7,059.24
- Price spread: +0.286% → 0.000%
- $28.56
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$7,044.68
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; MEXC: live order book, 1 min ago. 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 1 min ago | 5.04 bp | 20.3 bp −$20 | 62.0 bp −$620 | 245.4 bp −$24.5K | 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.
DEEP on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin DEEP-PERP | −0.4290% | 1h | 0.01979 | +0.083% | $81K | $13K | 20x | as long as short |
| Binance DEEPUSDT | +0.0100% | 4h | 0.01983 | +0.303% | $2.1M | $6.1M | 50x | as long as short |
| Bybit DEEPUSDT | +0.0100% | 8h | 0.01979 | +0.083% | $4.3M | $2.7M | 50x | as long as short |
| Gate DEEP_USDT | +0.0100% | 4h | 0.01982 | +0.235% | $306K | $97K | 50x | as long as short |
| MEXC DEEP_USDTshort | +0.0100% | 4h | 0.01983 | +0.286% | $1.1M | $498K | 100x | |
| KuCoin DEEPUSDTM | +0.0100% | 4h | 0.01984 | +0.336% | $1.8M | $93K | 20x | as long as short |
| Bitget DEEPUSDT | +0.0100% | 4h | 0.01981 | +0.184% | $812K | $592K | 50x | as long as short |
| BingX DEEP-USDT | +0.0100% | 4h | 0.01980 | +0.134% | — | $6.6M | — | as long as short |
| Variational Omni DEEP | +0.0100% | 8h | 0.01977 | −0.037% | $13K | $9K | — | as long as short |
| Extended DEEP-USD | +0.0104% | 1h | 0.01981 | +0.209% | $3K | $202K | 5x | as long as short |
Bluefin DEEP-PERP
Binance DEEPUSDT
Bybit DEEPUSDT
Gate DEEP_USDT
KuCoin DEEPUSDTM
Bitget DEEPUSDT
BingX DEEP-USDT
Variational Omni DEEP
Extended DEEP-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin DEEP-USDT | +0.0125% | 8h | 0.01981 | +0.184% | $139K | $34K | 50x | as long as short |
| Kraken Futures PF_DEEPUSDlong | +3.3715% | 1h | 0.01977 | long leg | $7K | $7K | 10x |
BloFin DEEP-USDT