Funding you earn now, next payment 02:00 UTC−0.0548%/8h= −60.0% APRpaid last 24h +0.010%
Price spread now: Kraken Futures against OKX−0.314%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$467as in the Funding arb table
Net, price: spread back to 7d avg − costs−$338as in the Price arb table
costs, in and out, $10k−$3103.103% of the position
Funding, last 7 days−1.571%−$157 on $10k
+Price spread, last 3 days (all we have)+0.166%+$17 · spread now −0.314%, 7d avg −0.035%
=Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Kraken Futures is 0.279% cheaper against OKX than usual: you would sell low and buy high (−$28 if the spread goes back to its 7-day average of −0.035%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MUBARAK-USDT-SWAP | 0.04497 | 0.0100 | pay 0.0050% / 4h | 2h 19m | $2.7M | $56.0M | 20x |
| Short | Kraken Futures PF_MUBARAKUSD | 0.04483 | −0.0448 | pay 0.0056% / 1h | 19m 57s | $64K | $425K | 10x |
OKX MUBARAK-USDT-SWAP
Kraken Futures PF_MUBARAKUSDFunding 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
- −$115.1
- Price spread: −0.314% → −0.035%
- −$27.94
- Slippage, 4 orders
- −$290.34
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$453.38
- Costs to cover
- 3.103%
- Break-even
- never at this rate
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 | 4.34 bp | 18.5 bp −$18 | 93.4 bp −$934 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 48 min ago | 62.66 bp | 167.7 bp −$168 | doesn't fit | doesn't fit | doesn't fit |
MUBARAK on 11 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_MUBARAKUSDshort | −0.0448% | 1h | 0.04483 | −0.314% | $64K | $425K | 10x | |
| OKX MUBARAK-USDT-SWAPlong | +0.0100% | 4h | 0.04497 | long leg | $2.7M | $56.0M | 20x | |
| Variational Omni MUBARAK | +0.0100% | 4h | 0.04502 | +0.114% | $14K | $51K | — | as long as short |
| Bitget MUBARAKUSDT | +0.0118% | 4h | 0.04500 | +0.060% | $2.9M | $7.3M | 25x | as long as short |
| MEXC MUBARAK_USDT | +0.0180% | 4h | 0.04500 | +0.060% | $893K | $1.5M | 50x | as long as short |
| Binance MUBARAKUSDT | +0.0185% | 4h | 0.04499 | +0.032% | $16.4M | $89.3M | 25x | as long as short |
| Aster MUBARAKUSDT | +0.0355% | 4h | 0.04494 | −0.073% | $24K | $403K | 5x | as long as short |
| KuCoin MUBARAKUSDTM | +0.0490% | 4h | 0.04499 | +0.038% | $1.6M | $1.1M | 30x | as long as short |
| BingX MUBARAK-USDT | +0.0502% | 4h | 0.04494 | −0.073% | — | $3.1M | — | as long as short |
| Bybit MUBARAKUSDT | +0.0597% | 4h | 0.04497 | 0.000% | $3.5M | $10.9M | 25x | as long as short |
Variational Omni MUBARAK
Bitget MUBARAKUSDT
MEXC MUBARAK_USDT
Binance MUBARAKUSDT
Aster MUBARAKUSDT
KuCoin MUBARAKUSDTM
BingX MUBARAK-USDT
Bybit MUBARAKUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MUBARAK_USDT | +0.1454% | 4h | 0.04502 | +0.105% | $7.1M | $5.3M | 50x | as long as short |
Gate MUBARAK_USDT