Funding you earn now, next payment 21:00 UTC−0.0498%/8h= −54.5% APRpaid last 24h −0.232%
Price spread now: MEXC against Kraken Futures+0.032%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
The price spread pays, funding is against you. MEXC is 0.032% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.032% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 5 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_IDUSD | 0.03737 | 0.0598 | pay 0.0075% / 1h | 30m 42s | $4K | $2K | 10x |
| Short | MEXC ID_USDT | 0.03738 | 0.0100 | get 0.0050% / 4h | 3h 30m | $345K | $135K | 20x |
Kraken Futures PF_IDUSD
MEXC ID_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
- −$104.6
- Price spread: +0.032% → 0.000%
- $3.2
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$115.4
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; MEXC: live order book, 12 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, 12 min ago | 2.70 bp | 12.5 bp −$12 | 29.1 bp −$291 | 124.3 bp −$12.4K | 214.2 bp −$107.1K |
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.
ID 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ID-USDT | +0.0047% | 4h | 0.03732 | −0.129% | $162K | $11K | 50x | as long as short |
| Aster IDUSDT | +0.0100% | 4h | 0.03738 | +0.037% | $9K | $2K | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03738 | +0.032% | $2.4M | $3.3M | 50x | as long as short |
| Bybit IDUSDT | +0.0100% | 8h | 0.03737 | +0.005% | $1.3M | $995K | 25x | as long as short |
| MEXC ID_USDTshort | +0.0100% | 4h | 0.03738 | +0.032% | $345K | $135K | 20x | |
| Bitget IDUSDT | +0.0100% | 4h | 0.03734 | −0.075% | $766K | $557K | 50x | as long as short |
| BingX ID-USDT | +0.0100% | 4h | 0.03737 | +0.005% | — | $2.3M | — | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03724 | −0.341% | $12K | $20K | — | as long as short |
| KuCoin IDUSDTM | +0.0308% | 4h | 0.03731 | −0.155% | $1.0M | $61K | 30x | as long as short |
| Kraken Futures PF_IDUSDlong | +0.0598% | 1h | 0.03737 | long leg | $4K | $2K | 10x |
BloFin ID-USDT
Aster IDUSDT
Binance IDUSDT
Bybit IDUSDT
Bitget IDUSDT
BingX ID-USDT
Variational Omni ID
KuCoin IDUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ID_USDT | +0.1272% | 4h | 0.03732 | −0.129% | $270K | $211K | 25x | as long as short |
Gate ID_USDT