Funding arb · Price arb /

ANIME

all ANIME markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0133%/8h= −14.6% APRpaid last 24h −0.125%

Price spread now: Kraken Futures against OKX+0.219%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on OKX Short on Kraken Futures

What this pair did over the last

the charts below follow

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. Kraken Futures is 0.219% dearer against OKX than usual: you sell high and buy low (spread +0.219% now, against zero (this spread has no 7-day history yet)): +$22 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 5.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ANIME-USDT-SWAP	0.003411	0.0100	pay 0.0050% / 4h	2h 20m	$445K	$747K	20x
Short	Kraken Futures PF_ANIMEUSD	0.003418	−0.0033	pay 0.0004% / 1h	20m 01s	$28K	$13K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee Kraken FuturesbpOrdersPrice spread, now +0.219%Rate

Funding earned: −$28.03
Price spread: +0.219% → 0.000%: $21.91
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$26.12
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: OKX: live order book, 29 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 OKX live order book, 29 min ago	2.92 bp	28.7 bp −$29	doesn't fit	doesn't fit	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.

ANIME on 13 exchanges

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_ANIMEUSDshort	−0.0033%	1h	0.003418	+0.219%	$28K	$13K	10x
Hyperliquid ANIME	+0.0100%	1h	0.003411	0.000%	$300K	$93K	3x	as long as short
Aster ANIMEUSDT	+0.0100%	4h	0.003415	+0.128%	$28K	$3K	5x	as long as short
Binance ANIMEUSDT	+0.0100%	4h	0.003411	−0.001%	$1.3M	$1.9M	20x	as long as short
Bybit ANIMEUSDT	+0.0100%	4h	0.003412	+0.029%	$710K	$377K	25x	as long as short
OKX ANIME-USDT-SWAPlong	+0.0100%	4h	0.003411	long leg	$445K	$747K	20x
Gate ANIME_USDT	+0.0100%	4h	0.003408	−0.088%	$144K	$48K	25x	as long as short
MEXC ANIME_USDT	+0.0100%	4h	0.003411	0.000%	$193K	$89K	20x	as long as short
KuCoin ANIMEUSDTM	+0.0100%	4h	0.003413	+0.059%	$407K	$92K	20x	as long as short
Bitget ANIMEUSDT	+0.0100%	4h	0.003412	+0.029%	$855K	$166K	10x	as long as short

Show all 13 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ANIME-USDT	+0.0100%	4h	0.003414	+0.088%	—	$6.5M	—	as long as short
Variational Omni ANIME	+0.0100%	4h	0.003413	+0.053%	$12K	$2K	—	as long as short
GMX ANIME/USD [ANIME-USDC]	L +0.0497% / S −0.2017%	1h	0.003410	−0.029%	$833	—	100x	as long as short