Funding you earn now, next payment 03:00 UTC+0.0643%/8h= +70.5% APRpaid last 24h +0.088%
Price spread now: Kraken Futures against OKX+0.002%7-day average +0.104% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1471.472% of the position
Funding, last 7 days+0.520%+$52 on $10k
+Price spread, last 4 days (all we have)+0.526%+$53 · spread now +0.002%, 7d avg +0.104%
=Funding pays, the price is against you. Kraken Futures is 0.102% cheaper against OKX than usual: you would sell low and buy high (spread +0.002% now, against its 7-day average of +0.104%). If the spread goes back, that is −$10 on $10k: about 13 hours of funding at the current rate (+$19 a day). At the pace of the last 7 days (+0.520% in total) that is about 33 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX DYDX-USDT-SWAP | 0.1381 | 0.0100 | pay 0.0100% / 8h | 5h 28m | $2.2M | $3.3M | 20x |
| Short | Kraken Futures PF_DYDXUSD | 0.1381 | 0.0743 | get 0.0093% / 1h | 28m 12s | $313K | $351K | 20x |
OKX DYDX-USDT-SWAP
Kraken Futures PF_DYDXUSDFunding 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
- $135.13
- Price spread: +0.002% → +0.104%
- −$10.2
- Slippage, 4 orders
- −$127.23
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$22.3
- Costs to cover
- 1.472%
- Break-even
- 8.2 days
Slippage from OKX: live order book, 4 min ago; Kraken Futures: live order book, 34 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 | 3.26 bp | 27.0 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 34 min ago | 6.90 bp | 28.7 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
DYDX on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective DYDX/USDC PERP | −0.0118% | 1h | 0.1380 | −0.043% | $6K | $52K | 12x | as long as short |
| BloFin DYDX-USDT | +0.0080% | 8h | 0.1381 | +0.029% | $300K | $12K | 75x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1381 | −0.007% | $62K | $48K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1383 | +0.152% | $2.1M | $719K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1381 | +0.024% | $5K | $11K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1380 | −0.043% | $5.3M | $8.3M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1378 | −0.196% | $4.6M | $2.4M | 75x | as long as short |
| OKX DYDX-USDT-SWAPlong | +0.0100% | 8h | 0.1381 | long leg | $2.2M | $3.3M | 20x | |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1382 | +0.101% | $54K | $20K | 5x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1380 | −0.043% | $390K | $462K | 75x | as long as short |
Injective DYDX/USDC PERP
BloFin DYDX-USDT
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
Arcus DYDX-USD
Gate DYDX_USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1380 | −0.043% | $3.1M | $810K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1381 | +0.029% | $2.4M | $3.8M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1380 | −0.043% | $1.4M | $1.1M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1381 | +0.029% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1379 | −0.087% | $4K | $106K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1379 | −0.103% | $50K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1379 | −0.093% | $935 | — | 100x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0475% | 1h | 0.1380 | −0.043% | — | — | 25x | as long as short |
| Kraken Futures PF_DYDXUSDshort | +0.0743% | 1h | 0.1381 | +0.002% | $313K | $351K | 20x | |
| Coinbase International DYDX-PERP-INTX | +0.0840% | 1h | 0.1385 | +0.319% | $17K | $37K | 50x | as long as short |
| dYdX DYDX-USD | +0.2930% | 1h | 0.1380 | −0.078% | $78K | $2K | 5x | as long as short |
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
GMX DYDX/USD [WBTC.b-USDC]
Deribit DYDX_USDC-PERPETUAL
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD