Funding you earn now, next payment 22:00 UTC−0.1950%/8h= −213.6% APRpaid last 24h −0.146%
Price spread now: BingX against Kraken Futures+0.221%7-day average −0.152% · you sell dearer than you buy
Net, funding: paid 7d − costs−$201as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1621.625% of the position
Funding, last 7 days−0.388%−$39 on $10k
+Price spread, last 3 days (all we have)−0.458%−$46 · spread now +0.221%, 7d avg −0.152%
=The price spread pays, funding is against you. BingX is 0.372% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.221% now, against its 7-day average of −0.152%): +$37 on $10k if it goes back. Holding the pair costs −$59 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 7 days (−0.388% in total) that is about 6.7 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 | Kraken Futures PF_FLOKIUSD | 0.00002867 | 0.2050 | pay 0.0256% / 1h | 35m 43s | $114K | $89K | 50x |
| Short | BingX FLOKI-USDT | 0.00002873 | 0.0100 | get 0.0100% / 8h | 2h 35m | — | $14.0M | — |
Kraken Futures PF_FLOKIUSD
BingX FLOKI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$409.57
- Price spread: +0.221% → −0.152%
- $37.24
- Slippage, 4 orders
- −$142.47
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$534.8
- Costs to cover
- 1.625%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 51 min ago; BingX: live order book, 8 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 Kraken Futures live order book, 51 min ago | 55.29 bp | 65.3 bp −$65 | 161.9 bp −$1,619 | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 1.74 bp | 11.7 bp −$12 | 23.9 bp −$239 | 67.0 bp −$6,705 | 429.0 bp −$214.5K |
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 | 0.00002870 | +0.107% | — | — | 150x | as long as short |
| OKX FLOKI-USDT-SWAP | +0.0015% | 8h | 0.00002866 | −0.024% | $1.1M | $4.9M | 20x | as long as short |
| Injective FLOKI/USDC PERP | +0.0033% | 1h | 0.00002777 | −3.142% | $22 | $565 | 5.5x | as long as short |
| Extended kFLOKI-USD | +0.0088% | 1h | 0.00002869 | +0.069% | $5K | — | 10x | as long as short |
| MEXC FLOKI_USDT | +0.0090% | 8h | 0.00002871 | +0.151% | $6.1M | $5.3M | 200x | as long as short |
| Binance 1000FLOKIUSDT | +0.0091% | 8h | 0.00002870 | +0.116% | $4.6M | $20.7M | 75x | as long as short |
| Lighter 1000FLOKI | +0.0096% | 1h | 0.00002880 | +0.465% | $36K | $9K | 5x | as long as short |
| Hyperliquid kFLOKI | +0.0100% | 1h | 0.00002871 | +0.133% | $427K | $233K | 5x | as long as short |
| Aster 1000FLOKIUSDT | +0.0100% | 8h | 0.00002870 | +0.113% | $14K | $57K | 10x | as long as short |
| Bybit 1000FLOKIUSDT | +0.0100% | 8h | 0.00002869 | +0.081% | $2.6M | $3.9M | 50x | as long as short |
gTrade (Gains Network) FLOKI/USD
OKX FLOKI-USDT-SWAP
Injective FLOKI/USDC PERP
Extended kFLOKI-USD
MEXC FLOKI_USDT
Binance 1000FLOKIUSDT
Lighter 1000FLOKI
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 | 0.00002869 | +0.081% | $460K | $1.6M | 50x | as long as short |
| KuCoin FLOKIUSDTM | +0.0100% | 8h | 0.00002869 | +0.099% | $1.5M | $1.0M | 75x | as long as short |
| Bitget FLOKIUSDT | +0.0100% | 8h | 0.00002873 | +0.221% | $1.9M | $2.5M | 75x | as long as short |
| BingX FLOKI-USDTshort | +0.0100% | 8h | 0.00002873 | +0.221% | — | $14.0M | — | |
| Variational Omni 1000FLOKI | +0.0100% | 8h | 0.00002874 | +0.256% | $36K | $31K | — | as long as short |
| HTX FLOKI-USDT | +0.0100% | 8h | 0.00002868 | +0.046% | $105K | $92K | 75x | as long as short |
| GMX FLOKI/USD [WBTC.b-USDC] | L +0.0199% / S −0.0413% | 1h | 0.00002800 | −2.326% | $810 | — | 100x | as long as short |
| BloFin 1000FLOKI-USDT | +0.0209% | 8h | 0.00002871 | +0.151% | $436K | $773K | 75x | as long as short |
| Kraken Futures PF_FLOKIUSDlong | +0.2050% | 1h | 0.00002867 | long leg | $114K | $89K | 50x |
Gate FLOKI_USDT
KuCoin FLOKIUSDTM
Bitget FLOKIUSDT
Variational Omni 1000FLOKI
HTX FLOKI-USDT
GMX FLOKI/USD [WBTC.b-USDC]
BloFin 1000FLOKI-USDT