Funding you earn now, next payment 06:00 UTC−0.0317%/8h= −34.7% APRpaid last 24h −0.046%
Price spread now: Binance against Kraken Futures−0.110%7-day average −0.112% · you buy dearer than you sell
Net, funding: paid 7d − costs−$3,281as in the Funding arb table
Net, price: spread back to 7d avg − costs−$3,316as in the Price arb table
costs, in and out, $10k−$3,31633.159% of the position
Funding, last 7 days+0.354%+$35 on $10k
+Price spread, last 4 days (all we have)−0.165%−$16 · spread now −0.110%, 7d avg −0.112%
=The price spread sits at its 7-day average of −0.112%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.354%, 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_MEWUSD | 0.0004727 | 0.0417 | pay 0.0052% / 1h | 4m 30s | $91K | $132K | 10x |
| Short | Binance MEWUSDT | 0.0004722 | 0.0100 | get 0.0050% / 4h | 2h 04m | $1.3M | $3.5M | 50x |
Kraken Futures PF_MEWUSD
Binance MEWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$66.48
- Price spread: −0.110% → −0.112%
- $0.23
- Slippage, 4 orders
- −$3,295.89
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$3,382.13
- Costs to cover
- 33.159%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 43 min ago; Binance: live order book, 1 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, 43 min ago | 11.64 bp | 3214.9 bp −$3,215 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 1 min ago | 4.23 bp | 23.0 bp −$23 | 83.1 bp −$831 | doesn't fit | doesn't fit |
MEW 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX MEW/USD [WBTC.b-USDC] | L 0.0000% / S 0.0000% | 1h | 0.0004720 | −0.156% | — | — | 100x | as long as short |
| Injective MEW/USDC PERP | +0.0033% | 1h | 0.0004219 | −10.754% | $46 | $14K | 5.5x | as long as short |
| Binance MEWUSDTshort | +0.0100% | 4h | 0.0004722 | −0.110% | $1.3M | $3.5M | 50x | |
| Bybit MEWUSDT | +0.0100% | 4h | 0.0004720 | −0.156% | $1.5M | $1.5M | 25x | as long as short |
| OKX MEW-USDT-SWAP | +0.0100% | 4h | 0.0004718 | −0.199% | $543K | $901K | 20x | as long as short |
| Gate MEW_USDT | +0.0100% | 4h | 0.0004715 | −0.262% | $137K | $140K | 50x | as long as short |
| MEXC MEW_USDT | +0.0100% | 4h | 0.0004724 | −0.072% | $369K | $185K | 125x | as long as short |
| KuCoin MEWUSDTM | +0.0100% | 4h | 0.0004726 | −0.029% | $330K | $131K | 30x | as long as short |
| Bitget MEWUSDT | +0.0100% | 4h | 0.0004723 | −0.093% | $486K | $543K | 50x | as long as short |
| BingX MEW-USDT | +0.0100% | 4h | 0.0004721 | −0.135% | — | $6.7M | — | as long as short |
GMX MEW/USD [WBTC.b-USDC]
Injective MEW/USDC PERP
Bybit MEWUSDT
OKX MEW-USDT-SWAP
Gate MEW_USDT
MEXC MEW_USDT
KuCoin MEWUSDTM
Bitget MEWUSDT
BingX MEW-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MEW | +0.0100% | 4h | 0.0004722 | −0.110% | $83K | $36K | — | as long as short |
| Kraken Futures PF_MEWUSDlong | +0.0417% | 1h | 0.0004727 | long leg | $91K | $132K | 10x |
Variational Omni MEW