Funding you earn now, next payment 03:00 UTC+0.2030%/8h= +222.3% APRpaid last 24h +0.038%
Price spread now: Kraken Futures against OKX+0.161%7-day average +0.228% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1491.493% of the position
Funding, last 7 days+0.379%+$38 on $10k
+Price spread, last 4 days (all we have)+0.108%+$11 · spread now +0.161%, 7d avg +0.228%
=Funding pays, the price is against you. Kraken Futures is 0.068% cheaper against OKX than usual: you would sell low and buy high (spread +0.161% now, against its 7-day average of +0.228%). If the spread goes back, that is −$7 on $10k: about 3 hours of funding at the current rate (+$61 a day). At the pace of the last 7 days (+0.379% in total) that is about 30 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.379% in total (about 19.7% 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 | OKX FLOKI-USDT-SWAP | 0.00002881 | 0.0100 | pay 0.0100% / 8h | 5h 13m | $1.1M | $5.2M | 20x |
| Short | Kraken Futures PF_FLOKIUSD | 0.00002886 | 0.2130 | get 0.0266% / 1h | 13m 45s | $98K | $120K | 50x |
OKX FLOKI-USDT-SWAP
Kraken Futures PF_FLOKIUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against OKX. 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
- $426.36
- Price spread: +0.161% → +0.228%
- −$6.77
- Slippage, 4 orders
- −$129.25
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $270.33
- Costs to cover
- 1.493%
- Break-even
- 2.6 days
Slippage from OKX: live order book, 4 min ago; Kraken Futures: live order book, 48 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 OKX live order book, 4 min ago | 3.46 bp | 15.9 bp −$16 | 145.1 bp −$1,451 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 48 min ago | 25.94 bp | 44.2 bp −$44 | 335.7 bp −$3,357 | 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 | 0.00002882 | +0.042% | — | — | 150x | as long as short |
| Injective FLOKI/USDC PERP | +0.0033% | 1h | 0.00002777 | −3.624% | $22 | $565 | 5.5x | as long as short |
| Lighter 1000FLOKI | +0.0096% | 1h | 0.00002884 | +0.101% | $41K | $14K | 5x | as long as short |
| Hyperliquid kFLOKI | +0.0100% | 1h | 0.00002880 | −0.045% | $478K | $303K | 5x | as long as short |
| Aster 1000FLOKIUSDT | +0.0100% | 8h | 0.00002880 | −0.021% | $11K | $50K | 10x | as long as short |
| Binance 1000FLOKIUSDT | +0.0100% | 8h | 0.00002881 | 0.000% | $4.6M | $23.4M | 75x | as long as short |
| Bybit 1000FLOKIUSDT | +0.0100% | 8h | 0.00002881 | 0.000% | $2.6M | $4.3M | 50x | as long as short |
| OKX FLOKI-USDT-SWAPlong | +0.0100% | 8h | 0.00002881 | long leg | $1.1M | $5.2M | 20x | |
| Gate FLOKI_USDT | +0.0100% | 8h | 0.00002883 | +0.069% | $483K | $1.6M | 50x | as long as short |
| MEXC FLOKI_USDT | +0.0100% | 8h | 0.00002880 | −0.035% | $7.3M | $5.9M | 200x | as long as short |
gTrade (Gains Network) FLOKI/USD
Injective FLOKI/USDC PERP
Lighter 1000FLOKI
Hyperliquid kFLOKI
Aster 1000FLOKIUSDT
Binance 1000FLOKIUSDT
Bybit 1000FLOKIUSDT
Gate FLOKI_USDT
MEXC FLOKI_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin FLOKIUSDTM | +0.0100% | 8h | 0.00002883 | +0.069% | $1.7M | $1.1M | 75x | as long as short |
| Bitget FLOKIUSDT | +0.0100% | 8h | 0.00002880 | −0.035% | $1.9M | $2.7M | 75x | as long as short |
| BingX FLOKI-USDT | +0.0100% | 8h | 0.00002880 | −0.035% | — | $10.7M | — | as long as short |
| Variational Omni 1000FLOKI | +0.0100% | 8h | 0.00002893 | +0.414% | $63K | $58K | — | as long as short |
| HTX FLOKI-USDT | +0.0100% | 8h | 0.00002878 | −0.104% | $109K | $112K | 75x | as long as short |
| Extended kFLOKI-USD | +0.0104% | 1h | 0.00002880 | −0.051% | $5K | — | 10x | as long as short |
| GMX FLOKI/USD [WBTC.b-USDC] | L +0.0213% / S −0.0445% | 1h | 0.00002800 | −2.812% | $812 | — | 100x | as long as short |
| BloFin 1000FLOKI-USDT | +0.0220% | 8h | 0.00002892 | +0.382% | $439K | $824K | 75x | as long as short |
| Kraken Futures PF_FLOKIUSDshort | +0.2130% | 1h | 0.00002886 | +0.161% | $98K | $120K | 50x |
KuCoin FLOKIUSDTM
Bitget FLOKIUSDT
BingX FLOKI-USDT
Variational Omni 1000FLOKI
HTX FLOKI-USDT
Extended kFLOKI-USD
GMX FLOKI/USD [WBTC.b-USDC]
BloFin 1000FLOKI-USDT