Funding you earn now, next payment 00:00 UTC−0.0579%/8h= −63.4% APRpaid last 24h +0.037%
Price spread now: MEXC against Kraken Futures−0.127%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.038%+$4 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and MEXC is 0.127% cheaper against Kraken Futures than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.038% in total (about 2.0% 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_DEXEUSD | 1.9465 | 0.0679 | pay 0.0085% / 1h | 45m 23s | $43K | $56K | 20x |
| Short | MEXC DEXE_USDT | 1.9440 | 0.0100 | get 0.0050% / 4h | 45m 23s | $1.8M | $210K | 20x |
Kraken Futures PF_DEXEUSD
MEXC DEXE_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
- −$121.66
- Price spread: −0.127% → 0.000%
- −$12.66
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$144.32
- Costs to cover
- 0.100%
- Break-even
- never at this rate
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 | 2.57 bp | 7.4 bp −$7 | 26.1 bp −$261 | 155.8 bp −$15.6K | 666.7 bp −$333.4K |
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.
DEXE 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective DEXE/USDC PERP | +0.0033% | 1h | 1.8600 | −4.442% | — | $3K | 5.5x | as long as short |
| Aster DEXEUSDT | +0.0100% | 4h | 1.9458 | −0.033% | $172K | $34K | 5x | as long as short |
| Binance DEXEUSDT | +0.0100% | 4h | 1.9445 | −0.101% | $7.0M | $8.6M | 20x | as long as short |
| Bybit DEXEUSDT | +0.0100% | 4h | 1.9470 | +0.027% | $2.4M | $903K | 20x | as long as short |
| Gate DEXE_USDT | +0.0100% | 4h | 1.9440 | −0.127% | $485K | $768K | 20x | as long as short |
| MEXC DEXE_USDTshort | +0.0100% | 4h | 1.9440 | −0.127% | $1.8M | $210K | 20x | |
| Bitget DEXEUSDT | +0.0100% | 4h | 1.9440 | −0.127% | $3.2M | $522K | 10x | as long as short |
| BingX DEXE-USDT | +0.0100% | 4h | 1.9450 | −0.075% | — | $1.8M | — | as long as short |
| Variational Omni DEXE | +0.0100% | 4h | 1.9473 | +0.041% | $35K | $2K | — | as long as short |
| Orderly PERP_DEXE_USDC_mythos | +0.0100% | 4h | 1.9430 | −0.178% | $8K | — | 10x | as long as short |
Injective DEXE/USDC PERP
Aster DEXEUSDT
Binance DEXEUSDT
Bybit DEXEUSDT
Gate DEXE_USDT
Bitget DEXEUSDT
BingX DEXE-USDT
Variational Omni DEXE
Orderly PERP_DEXE_USDC_mythosShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin DEXE-USDT | +0.0340% | 4h | 1.9460 | −0.024% | $395K | $30K | 20x | as long as short |
| Kraken Futures PF_DEXEUSDlong | +0.0679% | 1h | 1.9465 | long leg | $43K | $56K | 20x |
BloFin DEXE-USDT