Funding you earn now, next payment 08:00 UTC+0.2914%/8h= +319.0% APRpaid last 24h +0.492%
Price spread now: OKX against Kraken Futures+0.223%7-day average — · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$87 a day on $10k at the current rate, and OKX is 0.223% dearer against Kraken Futures than usual: you sell high and buy low: +$22 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_BANDUSD | 0.2133 | −0.2814 | get 0.0352% / 1h | 19m 16s | $19K | $1K | 10x |
| Short | OKX BAND-USDT-SWAP | 0.2138 | 0.0100 | get 0.0100% / 8h | 19m 16s | $229K | $406K | 10x |
Funding 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
- $611.86
- Price spread: +0.223% → 0.000%
- $22.26
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $614.12
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; OKX: live order book, 16 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, 16 min ago | 4.68 bp | 49.2 bp −$49 | doesn't fit | 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.
BAND 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BANDUSDlong | −0.2814% | 1h | 0.2133 | long leg | $19K | $1K | 10x | |
| BloFin BAND-USDT | +0.0075% | 8h | 0.2130 | −0.152% | $74K | $7K | 50x | as long as short |
| Binance BANDUSDT | +0.0100% | 8h | 0.2137 | +0.176% | $1.3M | $1.6M | 50x | as long as short |
| Bybit BANDUSDT | +0.0100% | 8h | 0.2137 | +0.176% | $298K | $182K | 20x | as long as short |
| OKX BAND-USDT-SWAPshort | +0.0100% | 8h | 0.2138 | +0.223% | $229K | $406K | 10x | |
| Gate BAND_USDT | +0.0100% | 8h | 0.2140 | +0.316% | $198K | $62K | 20x | as long as short |
| MEXC BAND_USDT | +0.0100% | 8h | 0.2137 | +0.176% | $354K | $151K | 100x | as long as short |
| KuCoin BANDUSDTM | +0.0100% | 8h | 0.2139 | +0.269% | $745K | $56K | 30x | as long as short |
| Bitget BANDUSDT | +0.0100% | 8h | 0.2137 | +0.176% | $798K | $102K | 50x | as long as short |
| Variational Omni BAND | +0.0100% | 8h | 0.2135 | +0.064% | $7K | $963 | — | as long as short |
Kraken Futures PF_BANDUSD
OKX BAND-USDT-SWAP
BloFin BAND-USDT
Binance BANDUSDT
Bybit BANDUSDT
Gate BAND_USDT
MEXC BAND_USDT
KuCoin BANDUSDTM
Bitget BANDUSDT
Variational Omni BAND