Funding you earn now, next payment 22:00 UTC+0.1954%/8h= +213.9% APRpaid last 24h +0.146%
Price spread now: Kraken Futures against BingX−0.071%7-day average +0.152% · you buy dearer than you sell
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$186as in the Price arb table
costs, in and out, $10k−$1641.638% of the position
Funding, last 7 days+0.388%+$39 on $10k
+Price spread, last 3 days (all we have)+0.309%+$31 · spread now −0.071%, 7d avg +0.152%
=Funding pays, the price is against you. Kraken Futures is 0.222% cheaper against BingX than usual: you would sell low and buy high (spread −0.071% now, against its 7-day average of +0.152%). If the spread goes back, that is −$22 on $10k: about 9 hours of funding at the current rate (+$59 a day). At the pace of the last 7 days (+0.388% in total) that is about 4.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.388% in total (about 20.3% 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 | BingX FLOKI-USDT | 0.00002864 | 0.0100 | pay 0.0100% / 8h | 2h 45m | — | $14.0M | — |
| Short | Kraken Futures PF_FLOKIUSD | 0.00002862 | 0.2054 | get 0.0257% / 1h | 45m 06s | $113K | $89K | 50x |
BingX FLOKI-USDT
Kraken Futures PF_FLOKIUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BingX. 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
- $410.28
- Price spread: −0.071% → +0.152%
- −$22.25
- Slippage, 4 orders
- −$143.79
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $224.24
- Costs to cover
- 1.638%
- Break-even
- 3.2 days
Slippage from BingX: live order book, 8 min ago; Kraken Futures: live order book, 42 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 BingX live order book, 8 min ago | 1.75 bp | 15.7 bp −$16 | 24.1 bp −$241 | 264.6 bp −$26.5K | 485.5 bp −$242.7K |
| Sell Kraken Futures live order book, 42 min ago | 55.29 bp | 70.6 bp −$71 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) FLOKI/USD | L +0.0005% / S −0.0004% | 1h | 0.00002867 | +0.097% | — | — | 150x | as long as short |
| OKX FLOKI-USDT-SWAP | +0.0026% | 8h | 0.00002861 | −0.105% | $1.1M | $4.9M | 20x | as long as short |
| Injective FLOKI/USDC PERP | +0.0033% | 1h | 0.00002777 | −3.052% | $22 | $565 | 5.5x | as long as short |
| Lighter 1000FLOKI | +0.0096% | 1h | 0.00002875 | +0.398% | $36K | $9K | 5x | as long as short |
| Extended kFLOKI-USD | +0.0096% | 1h | 0.00002864 | −0.006% | $5K | — | 10x | as long as short |
| Binance 1000FLOKIUSDT | +0.0097% | 8h | 0.00002864 | +0.006% | $4.6M | $20.6M | 75x | as long as short |
| MEXC FLOKI_USDT | +0.0099% | 8h | 0.00002864 | 0.000% | $6.1M | $5.3M | 200x | as long as short |
| Hyperliquid kFLOKI | +0.0100% | 1h | 0.00002865 | +0.038% | $426K | $233K | 5x | as long as short |
| Aster 1000FLOKIUSDT | +0.0100% | 8h | 0.00002867 | +0.095% | $14K | $57K | 10x | as long as short |
| Bybit 1000FLOKIUSDT | +0.0100% | 8h | 0.00002863 | −0.035% | $2.6M | $3.9M | 50x | as long as short |
gTrade (Gains Network) FLOKI/USD
OKX FLOKI-USDT-SWAP
Injective FLOKI/USDC PERP
Lighter 1000FLOKI
Extended kFLOKI-USD
Binance 1000FLOKIUSDT
MEXC FLOKI_USDT
Hyperliquid kFLOKI
Aster 1000FLOKIUSDT
Bybit 1000FLOKIUSDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate FLOKI_USDT | +0.0100% | 8h | 0.00002866 | +0.070% | $469K | $1.6M | 50x | as long as short |
| KuCoin FLOKIUSDTM | +0.0100% | 8h | 0.00002867 | +0.087% | $1.5M | $1.0M | 75x | as long as short |
| Bitget FLOKIUSDT | +0.0100% | 8h | 0.00002863 | −0.035% | $1.9M | $2.5M | 75x | as long as short |
| BingX FLOKI-USDTlong | +0.0100% | 8h | 0.00002864 | long leg | — | $14.0M | — | |
| Variational Omni 1000FLOKI | +0.0100% | 8h | 0.00002862 | −0.069% | $36K | $31K | — | as long as short |
| HTX FLOKI-USDT | +0.0100% | 8h | 0.00002864 | 0.000% | $105K | $92K | 75x | as long as short |
| GMX FLOKI/USD [WBTC.b-USDC] | L +0.0193% / S −0.0399% | 1h | 0.00002800 | −2.235% | $808 | — | 100x | as long as short |
| BloFin 1000FLOKI-USDT | +0.0217% | 8h | 0.00002864 | 0.000% | $435K | $771K | 75x | as long as short |
| Kraken Futures PF_FLOKIUSDshort | +0.2054% | 1h | 0.00002862 | −0.071% | $113K | $89K | 50x |
Gate FLOKI_USDT
KuCoin FLOKIUSDTM
Bitget FLOKIUSDT
Variational Omni 1000FLOKI
HTX FLOKI-USDT
GMX FLOKI/USD [WBTC.b-USDC]
BloFin 1000FLOKI-USDT