Funding you earn now, next payment 04:00 UTC−0.0009%/8h= −1.0% APRpaid last 24h −0.006%
Price spread now: Kraken Futures against OKX−0.387%7-day average — · you buy dearer than you sell
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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Kraken Futures is 0.387% cheaper against OKX than usual: you would sell low and buy high, −$39 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SOON-USDT-SWAP | 0.1934 | 0.0517 | pay 0.0259% / 4h | 44m 11s | $1.9M | $476K | 20x |
| Short | Kraken Futures PF_SOONUSD | 0.1927 | 0.0508 | get 0.0063% / 1h | 44m 11s | $10K | $2K | 10x |
OKX SOON-USDT-SWAP
Kraken Futures PF_SOONUSDFunding 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
- −$1.9
- Price spread: −0.387% → 0.000%
- −$38.65
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$60.55
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 3 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, 3 min ago | 5.18 bp | 40.5 bp −$40 | doesn't fit | 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.
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 | 0.1934 | −0.005% | $1.8M | $3.3M | 50x | as long as short |
| Kraken Futures PF_SOONUSDshort | +0.0508% | 1h | 0.1927 | −0.387% | $10K | $2K | 10x | |
| OKX SOON-USDT-SWAPlong | +0.0517% | 4h | 0.1934 | long leg | $1.9M | $476K | 20x | |
| Binance SOONUSDT | +0.0560% | 4h | 0.1935 | +0.037% | $7.9M | $2.0M | 50x | as long as short |
| Extended SOON-USD | +0.0560% | 1h | 0.1934 | +0.015% | $6K | $188K | 5x | as long as short |
| Gate SOON_USDT | +0.0684% | 4h | 0.1928 | −0.310% | $3.1M | $123K | 50x | as long as short |
| Aster SOONUSDT | +0.0856% | 4h | 0.1931 | −0.180% | $188K | $3K | 5x | as long as short |
| Bitget SOONUSDT | +0.0900% | 4h | 0.1932 | −0.103% | $9.1M | $277K | 25x | as long as short |
| Variational Omni SOON | +0.1639% | 4h | 0.1919 | −0.768% | $236K | $20K | — | as long as short |
| BingX SOON-USDT | +0.1962% | 4h | 0.1931 | −0.155% | — | $6.7M | — | as long as short |
KuCoin SOONUSDTM
Binance SOONUSDT
Extended SOON-USD
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 | +0.2026% | 4h | 0.1923 | −0.569% | $2.5M | $1.2M | 25x | as long as short |
Bybit SOONUSDT