Funding you earn now, next payment 09:00 UTC−0.4462%/8h= −488.6% APRpaid last 24h +0.593%
Price spread now: MEXC against Kraken Futures−0.236%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$134 a day on $10k at the current rate, and MEXC is 0.236% cheaper against Kraken Futures than usual: you would sell low and buy high (−$24 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_FLUXUSD | 0.06420 | 0.4562 | pay 0.0570% / 1h | 16m 39s | $6K | $119 | 10x |
| Short | MEXC FLUX_USDT | 0.06405 | 0.0100 | get 0.0050% / 4h | 3h 16m | $5.0M | $194K | 100x |
Kraken Futures PF_FLUXUSD
MEXC FLUX_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
- −$936.96
- Price spread: −0.236% → 0.000%
- −$23.57
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$974.53
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; MEXC: live order book, 6 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, 6 min ago | 2.34 bp | 9.9 bp −$10 | 110.8 bp −$1,108 | 297.9 bp −$29.8K | 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.
FLUX 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit FLUXUSDT | −0.1611% | 4h | 0.06415 | −0.080% | $313K | $187K | 20x | as long as short |
| Aster FLUXUSDT | −0.0767% | 4h | 0.06439 | +0.288% | $40K | $703 | 5x | as long as short |
| Gate FLUX_USDT | +0.0062% | 4h | 0.06423 | +0.045% | $49K | $21K | 20x | as long as short |
| Binance FLUXUSDT | +0.0100% | 4h | 0.06404 | −0.247% | $1.2M | $1.4M | 50x | as long as short |
| MEXC FLUX_USDTshort | +0.0100% | 4h | 0.06405 | −0.236% | $5.0M | $194K | 100x | |
| KuCoin FLUXUSDTM | +0.0100% | 4h | 0.06422 | +0.029% | $206K | $50K | 30x | as long as short |
| Bitget FLUXUSDT | +0.0100% | 4h | 0.06415 | −0.080% | $322K | $136K | 50x | as long as short |
| BingX FLUX-USDT | +0.0100% | 4h | 0.06409 | −0.173% | — | $1.3M | — | as long as short |
| Variational Omni FLUX | +0.0100% | 4h | 0.06430 | +0.147% | $7K | $262 | — | as long as short |
| BloFin FLUX-USDT | +0.0125% | 4h | 0.06418 | −0.033% | $75K | $11K | 50x | as long as short |
Bybit FLUXUSDT
Aster FLUXUSDT
Gate FLUX_USDT
Binance FLUXUSDT
KuCoin FLUXUSDTM
Bitget FLUXUSDT
BingX FLUX-USDT
Variational Omni FLUX
BloFin FLUX-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_FLUXUSDlong | +0.4562% | 1h | 0.06420 | long leg | $6K | $119 | 10x |