Funding you earn now, next payment 01:00 UTC−0.0089%/8h= −9.8% APRpaid last 24h +0.031%
Price spread now: OKX against Kraken Futures+0.265%7-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. OKX is 0.265% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.265% now, against zero (this spread has no 7-day history yet)): +$26 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 9.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SOONUSD | 0.1954 | 0.0532 | pay 0.0067% / 1h | 36m 47s | $11K | $1K | 10x |
| Short | OKX SOON-USDT-SWAP | 0.1959 | 0.0443 | get 0.0221% / 4h | 3h 36m | $2.0M | $445K | 20x |
Kraken Futures PF_SOONUSD
OKX SOON-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
- −$18.76
- Price spread: +0.265% → 0.000%
- $26.47
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$12.29
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; OKX: live order book, 5 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, 5 min ago | 2.55 bp | 37.5 bp −$37 | doesn't fit | 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.
SOON 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SOONUSDTM | +0.0100% | 4h | 0.1960 | +0.326% | $1.8M | $3.1M | 50x | as long as short |
| Extended SOON-USD | +0.0280% | 1h | 0.1959 | +0.290% | $7K | $202K | 5x | as long as short |
| Binance SOONUSDT | +0.0283% | 4h | 0.1958 | +0.236% | $8.0M | $1.9M | 50x | as long as short |
| Gate SOON_USDT | +0.0326% | 4h | 0.1956 | +0.111% | $3.2M | $110K | 50x | as long as short |
| OKX SOON-USDT-SWAPshort | +0.0443% | 4h | 0.1959 | +0.265% | $2.0M | $445K | 20x | |
| Kraken Futures PF_SOONUSDlong | +0.0532% | 1h | 0.1954 | long leg | $11K | $1K | 10x | |
| Aster SOONUSDT | +0.0940% | 4h | 0.1956 | +0.111% | $190K | $2K | 5x | as long as short |
| Bitget SOONUSDT | +0.1054% | 4h | 0.1959 | +0.265% | $9.2M | $226K | 25x | as long as short |
| Variational Omni SOON | +0.3220% | 4h | 0.1948 | −0.314% | $239K | $20K | — | as long as short |
| BingX SOON-USDT | +0.3452% | 4h | 0.1955 | +0.060% | — | $6.7M | — | as long as short |
KuCoin SOONUSDTM
Extended SOON-USD
Binance SOONUSDT
Gate SOON_USDT
Aster SOONUSDT
Bitget SOONUSDT
Variational Omni SOON
BingX SOON-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDT | +0.3681% | 4h | 0.1945 | −0.452% | $2.5M | $1.1M | 25x | as long as short |
Bybit SOONUSDT