Funding you earn now, next payment 00:00 UTC+0.1817%/8h= +199.0% APRpaid last 24h −0.115%
Price spread now: OKX against Kraken Futures+0.134%7-day average −0.232% · 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−$126as in the Price arb table
costs, in and out, $10k−$1631.627% of the position
Funding, last 7 days−0.383%−$38 on $10k
+Price spread, last 3 days (all we have)−0.476%−$48 · spread now +0.134%, 7d avg −0.232%
=Both sides work for this trade now. Funding pays +$55 a day on $10k at the current rate, and OKX is 0.365% dearer against Kraken Futures than usual: you sell high and buy low: +$37 more if the spread goes back to its 7-day average of −0.232%. Mind the row above: over the last 7 days funding on this pair cost −0.383%, 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 -0.383% in total (about -20.0% 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 | 0.00002916 | −0.1753 | get 0.0219% / 1h | 50m 25s | $104K | $103K | 50x |
| Short | OKX FLOKI-USDT-SWAP | 0.00002920 | 0.0064 | get 0.0064% / 8h | 50m 25s | $1.1M | $5.1M | 20x |
Kraken Futures PF_FLOKIUSD
OKX FLOKI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $381.58
- Price spread: +0.134% → −0.232%
- $36.52
- Slippage, 4 orders
- −$142.73
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $255.37
- Costs to cover
- 1.627%
- Break-even
- 2.3 days
Slippage from Kraken Futures: live order book, 27 min ago; OKX: live order book, 2 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, 27 min ago | 43.31 bp | 64.8 bp −$65 | 179.4 bp −$1,794 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 3.43 bp | 18.3 bp −$18 | 76.0 bp −$760 | 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 | −0.1753% | 1h | 0.00002916 | long leg | $104K | $103K | 50x | |
| gTrade (Gains Network) FLOKI/USD | L +0.0005% / S −0.0004% | 1h | 0.00002920 | +0.150% | — | — | 150x | as long as short |
| Injective FLOKI/USDC PERP | +0.0033% | 1h | 0.00002777 | −4.784% | $22 | $565 | 5.5x | as long as short |
| OKX FLOKI-USDT-SWAPshort | +0.0064% | 8h | 0.00002920 | +0.134% | $1.1M | $5.1M | 20x | |
| MEXC FLOKI_USDT | +0.0075% | 8h | 0.00002922 | +0.202% | $7.6M | $5.7M | 200x | as long as short |
| Binance 1000FLOKIUSDT | +0.0076% | 8h | 0.00002922 | +0.219% | $4.8M | $21.9M | 75x | as long as short |
| Extended kFLOKI-USD | +0.0080% | 1h | 0.00002922 | +0.199% | $5K | — | 10x | as long as short |
| Lighter 1000FLOKI | +0.0096% | 1h | 0.00002926 | +0.343% | $37K | $9K | 5x | as long as short |
| Hyperliquid kFLOKI | +0.0100% | 1h | 0.00002922 | +0.216% | $436K | $237K | 5x | as long as short |
| Aster 1000FLOKIUSDT | +0.0100% | 8h | 0.00002922 | +0.200% | $13K | $48K | 10x | as long as short |
gTrade (Gains Network) FLOKI/USD
Injective FLOKI/USDC PERP
MEXC FLOKI_USDT
Binance 1000FLOKIUSDT
Extended kFLOKI-USD
Lighter 1000FLOKI
Hyperliquid kFLOKI
Aster 1000FLOKIUSDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit 1000FLOKIUSDT | +0.0100% | 8h | 0.00002921 | +0.168% | $2.7M | $4.2M | 50x | as long as short |
| Gate FLOKI_USDT | +0.0100% | 8h | 0.00002921 | +0.168% | $467K | $1.6M | 50x | as long as short |
| KuCoin FLOKIUSDTM | +0.0100% | 8h | 0.00002923 | +0.233% | $1.6M | $1.1M | 75x | as long as short |
| Bitget FLOKIUSDT | +0.0100% | 8h | 0.00002918 | +0.065% | $1.9M | $2.6M | 75x | as long as short |
| BingX FLOKI-USDT | +0.0100% | 8h | 0.00002922 | +0.202% | — | $14.5M | — | as long as short |
| Variational Omni 1000FLOKI | +0.0100% | 8h | 0.00002918 | +0.070% | $36K | $31K | — | as long as short |
| HTX FLOKI-USDT | +0.0100% | 8h | 0.00002919 | +0.099% | $110K | $107K | 75x | as long as short |
| BloFin 1000FLOKI-USDT | +0.0196% | 8h | 0.00002924 | +0.271% | $442K | $787K | 75x | as long as short |
| GMX FLOKI/USD [WBTC.b-USDC] | L +0.0213% / S −0.0445% | 1h | 0.00002900 | −0.552% | $823 | — | 100x | as long as short |
Bybit 1000FLOKIUSDT
Gate FLOKI_USDT
KuCoin FLOKIUSDTM
Bitget FLOKIUSDT
BingX FLOKI-USDT
Variational Omni 1000FLOKI
HTX FLOKI-USDT
BloFin 1000FLOKI-USDT
GMX FLOKI/USD [WBTC.b-USDC]