Funding you earn now, next payment 08:00 UTC−0.2473%/8h= −270.8% APRpaid last 24h +0.014%
Price spread now: OKX against Kraken Futures−0.070%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
Both sides work against this trade now: funding costs −$74 a day on $10k at the current rate, and OKX is 0.070% cheaper against Kraken Futures than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SSVUSD | 3.3393 | 0.2573 | pay 0.0322% / 1h | 22m 41s | $11K | $17K | 10x |
| Short | OKX SSV-USDT-SWAP | 3.3370 | 0.0100 | get 0.0100% / 8h | 22m 41s | $540K | $898K | 20x |
Kraken Futures PF_SSVUSD
OKX SSV-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
- −$519.34
- Price spread: −0.070% → 0.000%
- −$6.97
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$546.31
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; OKX: live order book, 14 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, 14 min ago | 6.02 bp | 43.2 bp −$43 | 1616.7 bp −$16.2K | 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.
SSV 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SSV | +0.0073% | 8h | 3.3069 | −0.971% | $826 | $1 | — | as long as short |
| BloFin SSV-USDT | +0.0083% | 8h | 3.3370 | −0.070% | $119K | $88K | 75x | as long as short |
| Binance SSVUSDT | +0.0100% | 8h | 3.3370 | −0.068% | $2.4M | $3.0M | 50x | as long as short |
| Bybit SSVUSDT | +0.0100% | 8h | 3.3320 | −0.219% | $570K | $357K | 50x | as long as short |
| OKX SSV-USDT-SWAPshort | +0.0100% | 8h | 3.3370 | −0.070% | $540K | $898K | 20x | |
| Gate SSV_USDT | +0.0100% | 8h | 3.3350 | −0.130% | $142K | $88K | 25x | as long as short |
| MEXC SSV_USDT | +0.0100% | 8h | 3.3370 | −0.070% | $199K | $143K | 50x | as long as short |
| KuCoin SSVUSDTM | +0.0100% | 8h | 3.3350 | −0.130% | $249K | $49K | 30x | as long as short |
| Bitget SSVUSDT | +0.0100% | 8h | 3.3370 | −0.070% | $508K | $382K | 50x | as long as short |
| BingX SSV-USDT | +0.0100% | 8h | 3.3310 | −0.249% | — | $2.3M | — | as long as short |
Variational Omni SSV
BloFin SSV-USDT
Binance SSVUSDT
Bybit SSVUSDT
Gate SSV_USDT
MEXC SSV_USDT
KuCoin SSVUSDTM
Bitget SSVUSDT
BingX SSV-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SSVUSDlong | +0.2573% | 1h | 3.3393 | long leg | $11K | $17K | 10x |