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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_FLOKIUSD | 0.00002872 | −0.1585 | get 0.0198% / 1h | 27m 36s | $103K | $103K | 50x |
| Short | KuCoin FLOKIUSDTM | 0.00002878 | 0.0100 | get 0.0100% / 8h | 1h 27m | $1.6M | $1.0M | 75x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures live order book, 54 min ago | 37.97 bp | 75.6 bp −$76 | 215.5 bp −$2,155 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 4.35 bp | 44.3 bp −$44 | 115.9 bp −$1,159 | 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_FLOKIUSDlong | −0.1585% | 1h | 0.00002872 | long leg | $103K | $103K | 50x | |
| gTrade (Gains Network) FLOKI/USD | L +0.0005% / S −0.0004% | 1h | 0.00002879 | +0.268% | — | — | 150x | as long as short |
| OKX FLOKI-USDT-SWAP | +0.0025% | 8h | 0.00002876 | +0.147% | $1.1M | $5.0M | 20x | as long as short |
| Injective FLOKI/USDC PERP | +0.0033% | 1h | 0.00002777 | −3.314% | $22 | $565 | 5.5x | as long as short |
| MEXC FLOKI_USDT | +0.0062% | 8h | 0.00002875 | +0.112% | $7.6M | $5.6M | 200x | as long as short |
| Binance 1000FLOKIUSDT | +0.0064% | 8h | 0.00002877 | +0.182% | $4.6M | $21.3M | 75x | as long as short |
| Extended kFLOKI-USD | +0.0064% | 1h | 0.00002874 | +0.068% | $5K | — | 10x | as long as short |
| Lighter 1000FLOKI | +0.0096% | 1h | 0.00002884 | +0.436% | $36K | $9K | 5x | as long as short |
| Hyperliquid kFLOKI | +0.0100% | 1h | 0.00002877 | +0.182% | $429K | $235K | 5x | as long as short |
| Aster 1000FLOKIUSDT | +0.0100% | 8h | 0.00002877 | +0.197% | $13K | $48K | 10x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit 1000FLOKIUSDT | +0.0100% | 8h | 0.00002877 | +0.182% | $2.6M | $4.1M | 50x | as long as short |
| Gate FLOKI_USDT | +0.0100% | 8h | 0.00002875 | +0.112% | $464K | $1.6M | 50x | as long as short |
| KuCoin FLOKIUSDTMshort | +0.0100% | 8h | 0.00002878 | +0.217% | $1.6M | $1.0M | 75x | |
| Bitget FLOKIUSDT | +0.0100% | 8h | 0.00002876 | +0.147% | $1.9M | $2.5M | 75x | as long as short |
| BingX FLOKI-USDT | +0.0100% | 8h | 0.00002875 | +0.112% | — | $14.1M | — | as long as short |
| Variational Omni 1000FLOKI | +0.0100% | 8h | 0.00002876 | +0.135% | $36K | $31K | — | as long as short |
| HTX FLOKI-USDT | +0.0100% | 8h | 0.00002881 | +0.321% | $106K | $97K | 75x | as long as short |
| BloFin 1000FLOKI-USDT | +0.0182% | 8h | 0.00002876 | +0.147% | $430K | $774K | 75x | as long as short |
| GMX FLOKI/USD [WBTC.b-USDC] | L +0.0213% / S −0.0445% | 1h | 0.00002800 | −2.499% | $813 | — | 100x | as long as short |
Kraken Futures PF_FLOKIUSD
KuCoin FLOKIUSDTM
gTrade (Gains Network) FLOKI/USD
OKX FLOKI-USDT-SWAP
Injective FLOKI/USDC PERP
MEXC FLOKI_USDT
Binance 1000FLOKIUSDT
Extended kFLOKI-USD
Lighter 1000FLOKI
Hyperliquid kFLOKI
Aster 1000FLOKIUSDT
Bybit 1000FLOKIUSDT
Gate FLOKI_USDT
Bitget FLOKIUSDT
BingX FLOKI-USDT
Variational Omni 1000FLOKI
HTX FLOKI-USDT
BloFin 1000FLOKI-USDT
GMX FLOKI/USD [WBTC.b-USDC]