Funding you earn now, next payment 08:00 UTC+0.1127%/8h= +123.4% APRpaid last 24h +0.248%
Price spread now: OKX against Kraken Futures0.000%45s7-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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$34 a day on $10k at the current rate. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_AUCTIONUSD | 3.7090 | −0.1027 | get 0.0128% / 1h | 38m 33s | $8K | $259 | 10x |
| Short | OKX AUCTION-USDT-SWAP | 3.7090 | 0.0100 | get 0.0050% / 4h | 38m 33s | $794K | $702K | 20x |
Kraken Futures PF_AUCTIONUSD
OKX AUCTION-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $236.62
- Price spread: 0.000% → 0.000%
- −$0.05
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $216.57
- Costs to cover
- 0.200%
- Break-even
- 0.6 days
Slippage unknown: Kraken Futures: no order-book sample; OKX: live order book, 63 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 OKX live order book, 63 min ago | 4.05 bp | 27.6 bp −$28 | 218.4 bp −$2,184 | doesn't fit | doesn't fit |
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.
AUCTION 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AUCTIONUSDlong | −0.1027% | 1h | 3.7090 | long leg | $8K | $259 | 10x | |
| Aster AUCTIONUSDT | +0.0100% | 4h | 3.7106 | +0.042% | $713 | $3K | 5x | as long as short |
| Binance AUCTIONUSDT | +0.0100% | 4h | 3.7087 | −0.010% | $2.4M | $1.7M | 50x | as long as short |
| Bybit AUCTIONUSDT | +0.0100% | 4h | 3.7110 | +0.053% | $589K | $265K | 25x | as long as short |
| OKX AUCTION-USDT-SWAPshort | +0.0100% | 4h | 3.7090 | 0.000% | $794K | $702K | 20x | |
| Gate AUCTION_USDT | +0.0100% | 8h | 3.7130 | +0.107% | $103K | $68K | 50x | as long as short |
| MEXC AUCTION_USDT | +0.0100% | 4h | 3.7100 | +0.026% | $435K | $146K | 20x | as long as short |
| KuCoin AUCTIONUSDTM | +0.0100% | 4h | 3.7100 | +0.026% | $342K | $124K | 20x | as long as short |
| Bitget AUCTIONUSDT | +0.0100% | 4h | 3.7100 | +0.026% | $379K | $151K | 25x | as long as short |
| BingX AUCTION-USDT | +0.0100% | 4h | 3.7100 | +0.026% | — | $16.6M | — | as long as short |
Aster AUCTIONUSDT
Binance AUCTIONUSDT
Bybit AUCTIONUSDT
Gate AUCTION_USDT
MEXC AUCTION_USDT
KuCoin AUCTIONUSDTM
Bitget AUCTIONUSDT
BingX AUCTION-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AUCTION | +0.0100% | 4h | 3.7203 | +0.304% | $172 | $38 | — | as long as short |
Variational Omni AUCTION