Funding you earn now, next payment 21:00 UTC+0.1069%/8h= +117.1% APRpaid last 24h +0.284%
Price spread now: MEXC against Kraken Futures+0.053%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 +$32 a day on $10k at the current rate, and MEXC is 0.053% dearer against Kraken Futures than usual: you sell high and buy low: +$5 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 | Kraken Futures PF_GMTUSD | 0.008362 | −0.0969 | get 0.0121% / 1h | 30m 19s | $47K | $7K | 20x |
| Short | MEXC GMT_USDT | 0.008366 | 0.0100 | get 0.0050% / 4h | 3h 30m | $415K | $178K | 20x |
Kraken Futures PF_GMTUSD
MEXC GMT_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
- $224.5
- Price spread: +0.053% → 0.000%
- $5.35
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $215.85
- Costs to cover
- 0.140%
- Break-even
- 0.3 days
Slippage unknown: Kraken Futures: no order-book sample; MEXC: live order book, 13 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, 13 min ago | 1.20 bp | 9.5 bp −$10 | 51.1 bp −$511 | 264.1 bp −$26.4K | 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.
GMT 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GMTUSDlong | −0.0969% | 1h | 0.008362 | long leg | $47K | $7K | 20x | |
| Hyperliquid GMT | +0.0100% | 1h | 0.008365 | +0.042% | $123K | $124K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008366 | +0.058% | $8K | $14K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008367 | +0.065% | $2.7M | $3.0M | 50x | as long as short |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008363 | +0.018% | $1.1M | $1.1M | 50x | as long as short |
| OKX GMT-USDT-SWAP | +0.0100% | 4h | 0.008364 | +0.030% | $344K | $568K | 20x | as long as short |
| Gate GMT_USDT | +0.0100% | 8h | 0.008350 | −0.138% | $151K | $111K | 50x | as long as short |
| MEXC GMT_USDTshort | +0.0100% | 4h | 0.008366 | +0.053% | $415K | $178K | 20x | |
| KuCoin GMTUSDTM | +0.0100% | 4h | 0.008350 | −0.138% | $258K | $102K | 50x | as long as short |
| Bitget GMTUSDT | +0.0100% | 4h | 0.008360 | −0.018% | $673K | $421K | 50x | as long as short |
Hyperliquid GMT
Aster GMTUSDT
Binance GMTUSDT
Bybit GMTUSDT
OKX GMT-USDT-SWAP
Gate GMT_USDT
KuCoin GMTUSDTM
Bitget GMTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GMT-USDT | +0.0100% | 4h | 0.008360 | −0.018% | — | $1.2M | — | as long as short |
| Variational Omni GMT | +0.0100% | 8h | 0.008353 | −0.097% | $3K | $5K | — | as long as short |
BingX GMT-USDT
Variational Omni GMT