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

FLOKI

all FLOKI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0777%/8h= +85.1% APRpaid last 24h +0.056%
Price spread now: Kraken Futures against MEXC+0.085%7-day average +0.180% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1271.273% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.478%+$48 on $10k
Price spread, last 4 days (all we have)+0.076%+$8 · spread now +0.085%, 7d avg +0.180%
Together, before fees+0.554%+$55 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.095% cheaper against MEXC than usual: you would sell low and buy high (spread +0.085% now, against its 7-day average of +0.180%). If the spread goes back, that is −$10 on $10k: about 10 hours of funding at the current rate (+$23 a day). At the pace of the last 7 days (+0.478% in total) that is about 34 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.478% in total (about 24.9% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC FLOKI_USDT0.000029240.0100pay 0.0100% / 8h4h 25m$7.5M$5.9M200x
ShortKraken Futures PF_FLOKIUSD0.000029260.0877get 0.0110% / 1h25m 21s$99K$120K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against MEXC. 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
$163.17
Price spread: +0.085% → +0.180%
−$9.53
Slippage, 4 orders
−$117.32
Fee MEXC: 0 bp × 2 orders
$0
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$26.32
Costs to cover
1.273%
Break-even
5.9 days
Slippage from MEXC: live order book, 2 min ago; Kraken Futures: live order book, 32 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 MEXC live order book, 2 min ago3.42 bp6.7 bp −$715.6 bp −$156127.3 bp −$12.7K173.7 bp −$86.9K
Sell Kraken Futures live order book, 32 min ago19.19 bp38.7 bp −$39doesn't fitdoesn'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
gTrade (Gains Network) FLOKI/USDL +0.0005% / S −0.0004%1h0.00002923−0.026%150xas long as short
Injective FLOKI/USDC PERP+0.0033%1h0.00002777−5.041%$22$5655.5xas long as short
Lighter 1000FLOKI+0.0096%1h0.00002922−0.072%$42K$14K5xas long as short
Hyperliquid kFLOKI+0.0100%1h0.00002926+0.085%$487K$307K5xas long as short
Aster 1000FLOKIUSDT+0.0100%8h0.00002924+0.009%$11K$50K10xas long as short
Binance 1000FLOKIUSDT+0.0100%8h0.00002923−0.022%$4.7M$24.0M75xas long as short
Bybit 1000FLOKIUSDT+0.0100%8h0.000029240.000%$2.7M$4.4M50xas long as short
OKX FLOKI-USDT-SWAP+0.0100%8h0.00002920−0.137%$1.1M$5.4M20xas long as short
Gate FLOKI_USDT+0.0100%8h0.00002923−0.034%$483K$1.6M50xas long as short
MEXC FLOKI_USDTlong+0.0100%8h0.00002924long leg$7.5M$5.9M200x
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin FLOKIUSDTM+0.0100%8h0.00002925+0.041%$1.7M$1.1M75xas long as short
Bitget FLOKIUSDT+0.0100%8h0.00002921−0.103%$1.9M$2.7M75xas long as short
BingX FLOKI-USDT+0.0100%8h0.00002925+0.034%$10.8Mas long as short
Variational Omni 1000FLOKI+0.0100%8h0.00002924−0.001%$63K$58Kas long as short
HTX FLOKI-USDT+0.0100%8h0.00002922−0.068%$110K$114K75xas long as short
Extended kFLOKI-USD+0.0104%1h0.00002923−0.048%$5K10xas long as short
GMX FLOKI/USD [WBTC.b-USDC]L +0.0213% / S −0.0445%1h0.00002900−0.821%$824100xas long as short
BloFin 1000FLOKI-USDT+0.0220%8h0.00002926+0.068%$441K$839K75xas long as short
Kraken Futures PF_FLOKIUSDshort+0.0877%1h0.00002926+0.085%$99K$120K50x