Funding you earn now, next payment 05:00 UTC+0.0248%/8h= +27.2% APRpaid last 24h −0.417%
Price spread now: OKX against Kraken Futures−0.160%7-day average −0.182% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.074%−$7 on $10k
+Price spread, last 4 days (all we have)+0.162%+$16 · spread now −0.160%, 7d avg −0.182%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and OKX is 0.022% dearer against Kraken Futures than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.182%. Mind the row above: over the last 7 days funding on this pair cost −0.074%, 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 -0.074% in total (about -3.9% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_LPTUSD | 1.7177 | −0.0148 | get 0.0019% / 1h | 29m 46s | $45K | $81K | 25x |
| Short | OKX LPT-USDT-SWAP | 1.7150 | 0.0100 | get 0.0050% / 4h | 3h 29m | $1.4M | $2.8M | 20x |
Kraken Futures PF_LPTUSD
OKX LPT-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
- $52.14
- Price spread: −0.160% → −0.182%
- $2.23
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $34.37
- Costs to cover
- 0.200%
- Break-even
- 2.4 days
Slippage unknown: Kraken Futures: no order-book sample; OKX: live order book, 2 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 2 min ago | 2.92 bp | 24.3 bp −$24 | 370.7 bp −$3,707 | doesn't fit | doesn't fit |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
LPT on 12 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_LPTUSDlong | −0.0148% | 1h | 1.7177 | long leg | $45K | $81K | 25x | |
| BloFin LPT-USDT | +0.0042% | 4h | 1.7150 | −0.160% | $195K | $31K | 50x | as long as short |
| Aster LPTUSDT | +0.0100% | 4h | 1.7176 | −0.007% | $1K | $18K | 5x | as long as short |
| Binance LPTUSDT | +0.0100% | 4h | 1.7160 | −0.101% | $3.5M | $9.5M | 50x | as long as short |
| Bybit LPTUSDT | +0.0100% | 4h | 1.7180 | +0.015% | $1.7M | $1.7M | 25x | as long as short |
| OKX LPT-USDT-SWAPshort | +0.0100% | 4h | 1.7150 | −0.160% | $1.4M | $2.8M | 20x | |
| Gate LPT_USDT | +0.0100% | 8h | 1.7160 | −0.101% | $232K | $840K | 50x | as long as short |
| MEXC LPT_USDT | +0.0100% | 4h | 1.7160 | −0.101% | $1.9M | $882K | 50x | as long as short |
| KuCoin LPTUSDTM | +0.0100% | 4h | 1.7150 | −0.160% | $317K | $158K | 50x | as long as short |
| Bitget LPTUSDT | +0.0100% | 4h | 1.7150 | −0.160% | $1.3M | $642K | 50x | as long as short |
BloFin LPT-USDT
Aster LPTUSDT
Binance LPTUSDT
Bybit LPTUSDT
Gate LPT_USDT
MEXC LPT_USDT
KuCoin LPTUSDTM
Bitget LPTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX LPT-USDT | +0.0100% | 4h | 1.7180 | +0.015% | — | $2.5M | — | as long as short |
| Variational Omni LPT | +0.0100% | 4h | 1.7202 | +0.143% | $6K | $3K | — | as long as short |
BingX LPT-USDT
Variational Omni LPT