Funding you earn now, next payment 23:00 UTC−0.1644%/8h= −180.0% APRpaid last 24h +0.159%
Price spread now: Kraken Futures against Binance−0.175%7-day average +0.161% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$184as in the Price arb table
costs, in and out, $10k−$1501.500% of the position
Funding, last 7 days+0.486%+$49 on $10k
+Price spread, last 3 days (all we have)+0.417%+$42 · spread now −0.175%, 7d avg +0.161%
=Both sides work against this trade now: funding costs −$49 a day on $10k at the current rate, and Kraken Futures is 0.336% cheaper against Binance than usual: you would sell low and buy high (−$34 if the spread goes back to its 7-day average of +0.161%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.486%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.486% in total (about 25.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance 1000FLOKIUSDT | 0.00002890 | 0.0067 | pay 0.0067% / 8h | 1h 22m | $4.6M | $21.4M | 75x |
| Short | Kraken Futures PF_FLOKIUSD | 0.00002885 | −0.1577 | pay 0.0197% / 1h | 22m 45s | $103K | $103K | 50x |
Binance 1000FLOKIUSDT
Kraken Futures PF_FLOKIUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Binance. 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
- −$345.23
- Price spread: −0.175% → +0.161%
- −$33.6
- Slippage, 4 orders
- −$130.04
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$528.87
- Costs to cover
- 1.500%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; Kraken Futures: live order book, 59 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 Binance live order book, 3 min ago | 1.74 bp | 12.8 bp −$13 | 33.7 bp −$337 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 59 min ago | 37.97 bp | 49.0 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
FLOKI on 19 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_FLOKIUSDshort | −0.1577% | 1h | 0.00002885 | −0.175% | $103K | $103K | 50x | |
| gTrade (Gains Network) FLOKI/USD | L +0.0005% / S −0.0004% | 1h | 0.00002889 | −0.018% | — | — | 150x | as long as short |
| OKX FLOKI-USDT-SWAP | +0.0031% | 8h | 0.00002888 | −0.069% | $1.1M | $5.0M | 20x | as long as short |
| Injective FLOKI/USDC PERP | +0.0033% | 1h | 0.00002777 | −3.924% | $22 | $565 | 5.5x | as long as short |
| Extended kFLOKI-USD | +0.0064% | 1h | 0.00002887 | −0.089% | $5K | — | 10x | as long as short |
| MEXC FLOKI_USDT | +0.0065% | 8h | 0.00002888 | −0.069% | $7.7M | $5.6M | 200x | as long as short |
| Binance 1000FLOKIUSDTlong | +0.0067% | 8h | 0.00002890 | long leg | $4.6M | $21.4M | 75x | |
| Lighter 1000FLOKI | +0.0096% | 1h | 0.00002892 | +0.087% | $36K | $9K | 5x | as long as short |
| Hyperliquid kFLOKI | +0.0100% | 1h | 0.00002891 | +0.024% | $431K | $235K | 5x | as long as short |
| Aster 1000FLOKIUSDT | +0.0100% | 8h | 0.00002890 | −0.016% | $13K | $48K | 10x | as long as short |
gTrade (Gains Network) FLOKI/USD
OKX FLOKI-USDT-SWAP
Injective FLOKI/USDC PERP
Extended kFLOKI-USD
MEXC FLOKI_USDT
Lighter 1000FLOKI
Hyperliquid kFLOKI
Aster 1000FLOKIUSDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit 1000FLOKIUSDT | +0.0100% | 8h | 0.00002888 | −0.069% | $2.6M | $4.1M | 50x | as long as short |
| Gate FLOKI_USDT | +0.0100% | 8h | 0.00002888 | −0.069% | $466K | $1.6M | 50x | as long as short |
| KuCoin FLOKIUSDTM | +0.0100% | 8h | 0.00002891 | +0.021% | $1.6M | $1.0M | 75x | as long as short |
| Bitget FLOKIUSDT | +0.0100% | 8h | 0.00002886 | −0.138% | $1.9M | $2.5M | 75x | as long as short |
| BingX FLOKI-USDT | +0.0100% | 8h | 0.00002888 | −0.069% | — | $14.1M | — | as long as short |
| Variational Omni 1000FLOKI | +0.0100% | 8h | 0.00002877 | −0.445% | $36K | $31K | — | as long as short |
| HTX FLOKI-USDT | +0.0100% | 8h | 0.00002887 | −0.104% | $107K | $98K | 75x | as long as short |
| BloFin 1000FLOKI-USDT | +0.0187% | 8h | 0.00002891 | +0.035% | $428K | $778K | 75x | as long as short |
| GMX FLOKI/USD [WBTC.b-USDC] | L +0.0213% / S −0.0445% | 1h | 0.00002800 | −3.114% | $815 | — | 100x | as long as short |
Bybit 1000FLOKIUSDT
Gate FLOKI_USDT
KuCoin FLOKIUSDTM
Bitget FLOKIUSDT
BingX FLOKI-USDT
Variational Omni 1000FLOKI
HTX FLOKI-USDT
BloFin 1000FLOKI-USDT
GMX FLOKI/USD [WBTC.b-USDC]