Funding you earn now, next payment 06:00 UTC−0.1261%/8h= −138.1% APRpaid last 24h −0.325%
Price spread now: Kraken Futures against MEXC−0.253%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 −$38 a day on $10k at the current rate, and Kraken Futures is 0.253% cheaper against MEXC than usual: you would sell low and buy high (−$25 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 | MEXC GMT_USDT | 0.008609 | 0.0100 | pay 0.0050% / 4h | 2h 04m | $426K | $214K | 20x |
| Short | Kraken Futures PF_GMTUSD | 0.008587 | −0.1161 | pay 0.0145% / 1h | 4m 57s | $44K | $13K | 20x |
MEXC GMT_USDT
Kraken Futures PF_GMTUSDFunding 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
- −$264.85
- Price spread: −0.253% → 0.000%
- −$25.32
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$304.17
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 26 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, 26 min ago | 0.59 bp | 6.1 bp −$6 | 54.1 bp −$541 | 257.4 bp −$25.7K | 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.
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_GMTUSDshort | −0.1161% | 1h | 0.008587 | −0.253% | $44K | $13K | 20x | |
| Bybit GMTUSDT | −0.0397% | 8h | 0.008609 | 0.000% | $1.1M | $2.1M | 50x | as long as short |
| Variational Omni GMT | −0.0324% | 8h | 0.008583 | −0.296% | $4K | $5K | — | as long as short |
| OKX GMT-USDT-SWAP | −0.0279% | 4h | 0.008594 | −0.174% | $396K | $1.2M | 20x | as long as short |
| KuCoin GMTUSDTM | −0.0230% | 4h | 0.008590 | −0.221% | $247K | $185K | 50x | as long as short |
| BingX GMT-USDT | +0.0076% | 4h | 0.008597 | −0.139% | — | $1.3M | — | as long as short |
| Bitget GMTUSDT | +0.0090% | 4h | 0.008607 | −0.023% | $686K | $637K | 50x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008601 | −0.093% | $114K | $153K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008602 | −0.080% | $7K | $23K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008604 | −0.056% | $2.9M | $5.4M | 50x | as long as short |
Bybit GMTUSDT
Variational Omni GMT
OKX GMT-USDT-SWAP
KuCoin GMTUSDTM
BingX GMT-USDT
Bitget GMTUSDT
Hyperliquid GMT
Aster GMTUSDT
Binance GMTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate GMT_USDT | +0.0100% | 8h | 0.008600 | −0.105% | $149K | $179K | 50x | as long as short |
| MEXC GMT_USDTlong | +0.0100% | 4h | 0.008609 | long leg | $426K | $214K | 20x |
Gate GMT_USDT