Funding you earn now, next payment 04:00 UTC−0.0620%/8h= −67.9% APRpaid last 24h −0.300%
Price spread now: Kraken Futures against OKX+0.114%7-day average +0.175% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.363%+$136 on $10k
+Price spread, last 4 days (all we have)+0.103%+$10 · spread now +0.114%, 7d avg +0.175%
=Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Kraken Futures is 0.061% cheaper against OKX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.175%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.363%, 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 | OKX BAT-USDT-SWAP | 0.08452 | 0.0100 | pay 0.0100% / 8h | 4h 25m | $535K | $421K | 20x |
| Short | Kraken Futures PF_BATUSD | 0.08462 | −0.0520 | pay 0.0065% / 1h | 25m 14s | $116K | $14K | 10x |
OKX BAT-USDT-SWAP
Kraken Futures PF_BATUSDFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$130.16
- Price spread: +0.114% → +0.175%
- −$6.13
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$156.29
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 31 min ago; Kraken Futures: live order book, 32 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 OKX live order book, 31 min ago | 2.37 bp | 34.2 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 32 min ago | 21.95 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
BAT 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_BATUSDshort | −0.0520% | 1h | 0.08462 | +0.114% | $116K | $14K | 10x | |
| Binance BATUSDT | +0.0100% | 8h | 0.08463 | +0.125% | $1.9M | $2.0M | 50x | as long as short |
| Bybit BATUSDT | +0.0100% | 8h | 0.08460 | +0.095% | $1.1M | $475K | 25x | as long as short |
| OKX BAT-USDT-SWAPlong | +0.0100% | 8h | 0.08452 | long leg | $535K | $421K | 20x | |
| Gate BAT_USDT | +0.0100% | 8h | 0.08463 | +0.130% | $83K | $35K | 25x | as long as short |
| MEXC BAT_USDT | +0.0100% | 8h | 0.08458 | +0.071% | $828K | $626K | 125x | as long as short |
| KuCoin BATUSDTM | +0.0100% | 8h | 0.08460 | +0.095% | $266K | $61K | 20x | as long as short |
| Bitget BATUSDT | +0.0100% | 8h | 0.08461 | +0.106% | $678K | $177K | 50x | as long as short |
| BingX BAT-USDT | +0.0100% | 8h | 0.08461 | +0.106% | — | $1.3M | — | as long as short |
| Variational Omni BAT | +0.0100% | 8h | 0.08453 | +0.017% | $115K | $78 | — | as long as short |
Binance BATUSDT
Bybit BATUSDT
Gate BAT_USDT
MEXC BAT_USDT
KuCoin BATUSDTM
Bitget BATUSDT
BingX BAT-USDT
Variational Omni BATShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin BAT-USDT | +0.0113% | 8h | 0.08468 | +0.189% | $100K | $26K | 50x | as long as short |
BloFin BAT-USDT