Funding you earn now, next payment 06:00 UTC−0.0312%/8h= −34.2% APRpaid last 24h +0.006%
Price spread now: Kraken Futures against OKX+0.209%45s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Kraken Futures is 0.209% dearer against OKX than usual: you sell high and buy low (spread +0.209% now, against zero (this spread has no 7-day history yet)): +$21 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 2.2 days. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX LQTY-USDT-SWAP | 0.2345 | 0.0100 | pay 0.0100% / 8h | 2h 11m | $225K | $423K | 10x |
| Short | Kraken Futures PF_LQTYUSD | 0.2350 | −0.0212 | pay 0.0027% / 1h | 11m 32s | $5K | $9K | 10x |
OKX LQTY-USDT-SWAP
Kraken Futures PF_LQTYUSDFunding 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
- −$65.6
- Price spread: +0.209% → 0.000%
- $20.85
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$64.75
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: OKX: live order book, 34 min ago; Kraken Futures: no order-book sample. 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 OKX live order book, 34 min ago | 6.40 bp | 49.6 bp −$50 | 17671.1 bp −$176.7K | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
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.
LQTY on 10 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_LQTYUSDshort | −0.0212% | 1h | 0.2350 | +0.209% | $5K | $9K | 10x | |
| Binance LQTYUSDT | +0.0100% | 8h | 0.2346 | +0.043% | $1.3M | $1.8M | 50x | as long as short |
| Bybit LQTYUSDT | +0.0100% | 8h | 0.2348 | +0.128% | $337K | $193K | 20x | as long as short |
| OKX LQTY-USDT-SWAPlong | +0.0100% | 8h | 0.2345 | long leg | $225K | $423K | 10x | |
| Gate LQTY_USDT | +0.0100% | 8h | 0.2344 | −0.043% | $75K | $50K | 50x | as long as short |
| MEXC LQTY_USDT | +0.0100% | 8h | 0.2345 | 0.000% | $286K | $151K | 200x | as long as short |
| KuCoin LQTYUSDTM | +0.0100% | 8h | 0.2341 | −0.171% | $200K | $43K | 30x | as long as short |
| Bitget LQTYUSDT | +0.0100% | 8h | 0.2344 | −0.043% | $129K | $120K | 50x | as long as short |
| BingX LQTY-USDT | +0.0100% | 8h | 0.2342 | −0.128% | — | $1.4M | — | as long as short |
| Variational Omni LQTY | +0.0100% | 8h | 0.2339 | −0.272% | $29K | $17K | — | as long as short |
Binance LQTYUSDT
Bybit LQTYUSDT
Gate LQTY_USDT
MEXC LQTY_USDT
KuCoin LQTYUSDTM
Bitget LQTYUSDT
BingX LQTY-USDT
Variational Omni LQTY