Funding you earn now, next payment 21:00 UTC−0.0985%/8h= −107.8% APRnext payment −$1.23 per $10,000 · paid last 24h −0.539%
Price spread now: MEXC against Kraken Futures−0.206%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$203as in the Price arb table
costs, in and out, $10k−$1871.874% of the position
Funding, last 7 days+1.294%+$129 on $10k
+Price spread, last 3 days (all we have)+1.712%+$171 · spread now −0.206%, 7d avg −0.052%
=Both sides work against this trade now: funding costs −$30 a day on $10k at the current rate, and MEXC is 0.154% cheaper against Kraken Futures than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.052%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.294%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_LSKUSD | 0.3663 | 0.0497 | pay 0.0062% / 1h | 30m 54s | $113K | $177K | 10x |
| Short | MEXC LSK_USDT | 0.3655 | −0.0488 | pay 0.0061% / 1h | 30m 54s | $8.1M | $2.6M | 20x |
Kraken Futures PF_LSKUSD
MEXC LSK_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
- −$206.79
- Price spread: −0.206% → −0.052%
- −$15.43
- Slippage, 4 orders
- −$173.45
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$409.66
- Costs to cover
- 1.874%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 17 min ago; MEXC: live order book, 2 min ago.
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 live order book, 17 min ago | 6.10 bp | 64.5 bp −$65 | 314.6 bp −$3,146 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.14 bp | 3.2 bp −$3 | 33.0 bp −$330 | 107.5 bp −$10.7K | 467.7 bp −$233.8K |
LSK on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster LSKUSDT | −0.0647% | 1h | 0.3652 | −0.297% | $61K | $125K | 5x | as long as short |
| Binance LSKUSDT | −0.0489% | 1h | 0.3657 | −0.155% | $15.1M | $98.1M | 50x | as long as short |
| MEXC LSK_USDTshort | −0.0488% | 1h | 0.3655 | −0.206% | $8.1M | $2.6M | 20x | |
| Gate LSK_USDT | +0.0040% | 1h | 0.3661 | −0.042% | $1.5M | $2.8M | 20x | as long as short |
| Variational Omni LSK | +0.0100% | 1h | 0.3665 | +0.073% | $28K | $236K | — | as long as short |
| HTX LSK-USDT | +0.0100% | 1h | 0.3659 | −0.091% | $57K | $299K | 20x | as long as short |
| Bitget LSKUSDT | +0.0104% | 1h | 0.3655 | −0.206% | $2.6M | $9.2M | 50x | as long as short |
| BingX LSK-USDT | +0.0426% | 1h | 0.3655 | −0.198% | — | $3.1M | — | as long as short |
| Kraken Futures PF_LSKUSDlong | +0.0497% | 1h | 0.3663 | long leg | $113K | $177K | 10x | |
| Bybit LSKUSDT | +0.0593% | 1h | 0.3663 | +0.023% | $9.9M | $21.0M | 25x | as long as short |
Aster LSKUSDT
Binance LSKUSDT
Gate LSK_USDT
Variational Omni LSK
HTX LSK-USDT
Bitget LSKUSDT
BingX LSK-USDT
Bybit LSKUSDT