Funding you earn now, next payment 21:00 UTC+0.0498%/8h= +54.5% APRpaid last 24h +0.232%
Price spread now: Kraken Futures against MEXC−0.032%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
Funding pays, the price is against you. Kraken Futures is 0.032% cheaper against MEXC than usual: you would sell low and buy high (spread −0.032% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 5 hours of funding at the current rate (+$15 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ID_USDT | 0.03738 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $345K | $135K | 20x |
| Short | Kraken Futures PF_IDUSD | 0.03737 | 0.0598 | get 0.0075% / 1h | 30m 42s | $4K | $2K | 10x |
MEXC ID_USDT
Kraken Futures PF_IDUSDFunding 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
- $104.6
- Price spread: −0.032% → 0.000%
- −$3.19
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $87.4
- Costs to cover
- 0.140%
- Break-even
- 1.2 days
Slippage unknown: MEXC: live order book, 12 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, 12 min ago | 2.70 bp | 10.6 bp −$11 | 21.1 bp −$211 | 120.4 bp −$12.0K | 211.3 bp −$105.6K |
| 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.
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 | −0.161% | $162K | $11K | 50x | as long as short |
| Aster IDUSDT | +0.0100% | 4h | 0.03738 | +0.005% | $9K | $2K | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03738 | 0.000% | $2.4M | $3.3M | 50x | as long as short |
| Bybit IDUSDT | +0.0100% | 8h | 0.03737 | −0.027% | $1.3M | $995K | 25x | as long as short |
| MEXC ID_USDTlong | +0.0100% | 4h | 0.03738 | long leg | $345K | $135K | 20x | |
| Bitget IDUSDT | +0.0100% | 4h | 0.03734 | −0.107% | $766K | $557K | 50x | as long as short |
| BingX ID-USDT | +0.0100% | 4h | 0.03737 | −0.027% | — | $2.3M | — | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03724 | −0.373% | $12K | $20K | — | as long as short |
| KuCoin IDUSDTM | +0.0308% | 4h | 0.03731 | −0.187% | $1.0M | $61K | 30x | as long as short |
| Kraken Futures PF_IDUSDshort | +0.0598% | 1h | 0.03737 | −0.032% | $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 | −0.161% | $270K | $211K | 25x | as long as short |
Gate ID_USDT