Funding you earn now, next payment 22:00 UTC−0.1952%/8h= −213.7% APRpaid last 24h −0.146%
Price spread now: Bybit against Kraken Futures+0.011%7-day average −0.131% · you sell dearer than you buy
Net, funding: paid 7d − costs−$220as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1801.797% of the position
Funding, last 7 days−0.401%−$40 on $10k
+Price spread, last 3 days (all we have)−0.210%−$21 · spread now +0.011%, 7d avg −0.131%
=The price spread pays, funding is against you. Bybit is 0.142% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.011% now, against its 7-day average of −0.131%): +$14 on $10k if it goes back. Holding the pair costs −$59 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.401% in total) that is about 2.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.401% in total (about -20.9% 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 | 0.00002865 | 0.2052 | pay 0.0256% / 1h | 47m 08s | $113K | $89K | 50x |
| Short | Bybit 1000FLOKIUSDT | 0.00002865 | 0.0100 | get 0.0100% / 8h | 2h 47m | $2.6M | $3.9M | 50x |
Kraken Futures PF_FLOKIUSD
Bybit 1000FLOKIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$409.87
- Price spread: +0.011% → −0.131%
- $14.22
- Slippage, 4 orders
- −$158.72
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$575.38
- Costs to cover
- 1.797%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 40 min ago; Bybit: live order book, just now.
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, 40 min ago | 55.29 bp | 65.3 bp −$65 | 161.9 bp −$1,619 | doesn't fit | doesn't fit |
| Sell Bybit live order book, just now | 3.49 bp | 21.1 bp −$21 | 92.2 bp −$922 | 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 | 0.00002870 | +0.181% | — | — | 150x | as long as short |
| OKX FLOKI-USDT-SWAP | +0.0033% | 8h | 0.00002862 | −0.094% | $1.1M | $4.8M | 20x | as long as short |
| Injective FLOKI/USDC PERP | +0.0033% | 1h | 0.00002777 | −3.075% | $22 | $565 | 5.5x | as long as short |
| Lighter 1000FLOKI | +0.0096% | 1h | 0.00002875 | +0.374% | $36K | $9K | 5x | as long as short |
| Extended kFLOKI-USD | +0.0096% | 1h | 0.00002867 | +0.078% | $5K | — | 10x | as long as short |
| MEXC FLOKI_USDT | +0.0097% | 8h | 0.00002865 | +0.011% | $6.1M | $5.3M | 200x | as long as short |
| Binance 1000FLOKIUSDT | +0.0098% | 8h | 0.00002866 | +0.030% | $4.6M | $20.6M | 75x | as long as short |
| Hyperliquid kFLOKI | +0.0100% | 1h | 0.00002867 | +0.084% | $426K | $233K | 5x | as long as short |
| Aster 1000FLOKIUSDT | +0.0100% | 8h | 0.00002871 | +0.207% | $14K | $57K | 10x | as long as short |
| Bybit 1000FLOKIUSDTshort | +0.0100% | 8h | 0.00002865 | +0.011% | $2.6M | $3.9M | 50x |
gTrade (Gains Network) FLOKI/USD
OKX FLOKI-USDT-SWAP
Injective FLOKI/USDC PERP
Lighter 1000FLOKI
Extended kFLOKI-USD
MEXC FLOKI_USDT
Binance 1000FLOKIUSDT
Hyperliquid kFLOKI
Aster 1000FLOKIUSDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate FLOKI_USDT | +0.0100% | 8h | 0.00002868 | +0.115% | $470K | $1.6M | 50x | as long as short |
| KuCoin FLOKIUSDTM | +0.0100% | 8h | 0.00002869 | +0.150% | $1.5M | $1.0M | 75x | as long as short |
| Bitget FLOKIUSDT | +0.0100% | 8h | 0.00002868 | +0.115% | $1.9M | $2.5M | 75x | as long as short |
| BingX FLOKI-USDT | +0.0100% | 8h | 0.00002867 | +0.081% | — | $14.0M | — | as long as short |
| Variational Omni 1000FLOKI | +0.0100% | 8h | 0.00002853 | −0.425% | $35K | $31K | — | as long as short |
| HTX FLOKI-USDT | +0.0100% | 8h | 0.00002867 | +0.081% | $105K | $92K | 75x | as long as short |
| GMX FLOKI/USD [WBTC.b-USDC] | L +0.0192% / S −0.0396% | 1h | 0.00002800 | −2.258% | $809 | — | 100x | as long as short |
| BloFin 1000FLOKI-USDT | +0.0218% | 8h | 0.00002866 | +0.046% | $436K | $771K | 75x | as long as short |
| Kraken Futures PF_FLOKIUSDlong | +0.2052% | 1h | 0.00002865 | long leg | $113K | $89K | 50x |
Gate FLOKI_USDT
KuCoin FLOKIUSDTM
Bitget FLOKIUSDT
BingX FLOKI-USDT
Variational Omni 1000FLOKI
HTX FLOKI-USDT
GMX FLOKI/USD [WBTC.b-USDC]
BloFin 1000FLOKI-USDT