Settings8H · net · $10k
Funding arb · Price arb /

FLOKI

all FLOKI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.1685%/8h= +184.5% APRpaid last 24h −0.159%
Price spread now: KuCoin against Kraken Futures+0.217%7-day average −0.141% · you sell dearer than you buy
Net, funding: paid 7d − costs−$251as in the Funding arb table
Net, price: spread back to 7d avg − costs−$175as in the Price arb table
costs, in and out, $10k−$2112.110% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.398%−$40 on $10k
Price spread, last 3 days (all we have)−0.413%−$41 · spread now +0.217%, 7d avg −0.141%
Together, before fees−0.811%−$81 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$51 a day on $10k at the current rate, and KuCoin is 0.358% dearer against Kraken Futures than usual: you sell high and buy low: +$36 more if the spread goes back to its 7-day average of −0.141%. Mind the row above: over the last 7 days funding on this pair cost −0.398%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.398% in total (about -20.7% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_FLOKIUSD0.00002872−0.1585get 0.0198% / 1h27m 36s$103K$103K50x
ShortKuCoin FLOKIUSDTM0.000028780.0100get 0.0100% / 8h1h 27m$1.6M$1.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$353.75
Price spread: +0.217% → −0.141%
$35.8
Slippage, 4 orders
−$188.99
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$178.56
Costs to cover
2.110%
Break-even
3.5 days
Slippage from Kraken Futures: live order book, 54 min ago; KuCoin: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 54 min ago37.97 bp75.6 bp −$76215.5 bp −$2,155doesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago4.35 bp44.3 bp −$44115.9 bp −$1,159doesn't fitdoesn't fit

FLOKI on 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_FLOKIUSDlong−0.1585%1h0.00002872long leg$103K$103K50x
gTrade (Gains Network) FLOKI/USDL +0.0005% / S −0.0004%1h0.00002879+0.268%150xas long as short
OKX FLOKI-USDT-SWAP+0.0025%8h0.00002876+0.147%$1.1M$5.0M20xas long as short
Injective FLOKI/USDC PERP+0.0033%1h0.00002777−3.314%$22$5655.5xas long as short
MEXC FLOKI_USDT+0.0062%8h0.00002875+0.112%$7.6M$5.6M200xas long as short
Binance 1000FLOKIUSDT+0.0064%8h0.00002877+0.182%$4.6M$21.3M75xas long as short
Extended kFLOKI-USD+0.0064%1h0.00002874+0.068%$5K10xas long as short
Lighter 1000FLOKI+0.0096%1h0.00002884+0.436%$36K$9K5xas long as short
Hyperliquid kFLOKI+0.0100%1h0.00002877+0.182%$429K$235K5xas long as short
Aster 1000FLOKIUSDT+0.0100%8h0.00002877+0.197%$13K$48K10xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit 1000FLOKIUSDT+0.0100%8h0.00002877+0.182%$2.6M$4.1M50xas long as short
Gate FLOKI_USDT+0.0100%8h0.00002875+0.112%$464K$1.6M50xas long as short
KuCoin FLOKIUSDTMshort+0.0100%8h0.00002878+0.217%$1.6M$1.0M75x
Bitget FLOKIUSDT+0.0100%8h0.00002876+0.147%$1.9M$2.5M75xas long as short
BingX FLOKI-USDT+0.0100%8h0.00002875+0.112%$14.1Mas long as short
Variational Omni 1000FLOKI+0.0100%8h0.00002876+0.135%$36K$31Kas long as short
HTX FLOKI-USDT+0.0100%8h0.00002881+0.321%$106K$97K75xas long as short
BloFin 1000FLOKI-USDT+0.0182%8h0.00002876+0.147%$430K$774K75xas long as short
GMX FLOKI/USD [WBTC.b-USDC]L +0.0213% / S −0.0445%1h0.00002800−2.499%$813100xas long as short