Funding you earn now, next payment 11:00 UTC+0.2638%/8h= +288.8% APRpaid last 24h +0.003%
Price spread now: Kraken Futures against BingX+0.211%53s7-day average +0.152% · you sell dearer than you buy
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1791.791% of the position
Funding, last 7 days+0.516%+$52 on $10k
+Price spread, last 4 days (all we have)+0.078%+$8 · spread now +0.211%, 7d avg +0.152%
=Both sides work for this trade now. Funding pays +$79 a day on $10k at the current rate, and Kraken Futures is 0.059% dearer against BingX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.152%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.516% in total (about 26.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX FLOKI-USDT | 0.00002922 | 0.0100 | pay 0.0100% / 8h | 5h 08m | — | $11.2M | — |
| Short | Kraken Futures PF_FLOKIUSD | 0.00002928 | 0.2738 | get 0.0342% / 1h | 8m 18s | $104K | $122K | 50x |
BingX FLOKI-USDT
Kraken Futures PF_FLOKIUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BingX. 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
- $553.91
- Price spread: +0.211% → +0.152%
- $5.87
- Slippage, 4 orders
- −$159.12
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $380.67
- Costs to cover
- 1.791%
- Break-even
- 2.2 days
Slippage from BingX: live order book, 8 min ago; Kraken Futures: live order book, 37 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 BingX live order book, 8 min ago | 1.70 bp | 12.6 bp −$13 | 24.7 bp −$247 | 293.3 bp −$29.3K | 501.4 bp −$250.7K |
| Sell Kraken Futures live order book, 37 min ago | 50.87 bp | 74.3 bp −$74 | doesn't fit | doesn't fit | doesn't fit |
FLOKI on 19 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) FLOKI/USD | L +0.0005% / S −0.0004% | 1h | 0.00002923 | +0.035% | — | — | 150x | as long as short |
| Injective FLOKI/USDC PERP | +0.0033% | 1h | 0.00002777 | −4.976% | $22 | $565 | 5.5x | as long as short |
| Lighter 1000FLOKI | +0.0096% | 1h | 0.00002928 | +0.219% | $44K | $26K | 5x | as long as short |
| Hyperliquid kFLOKI | +0.0100% | 1h | 0.00002924 | +0.065% | $661K | $551K | 5x | as long as short |
| Aster 1000FLOKIUSDT | +0.0100% | 8h | 0.00002925 | +0.090% | $76K | $126K | 10x | as long as short |
| Binance 1000FLOKIUSDT | +0.0100% | 8h | 0.00002922 | +0.011% | $5.1M | $31.4M | 75x | as long as short |
| Bybit 1000FLOKIUSDT | +0.0100% | 8h | 0.00002921 | −0.034% | $2.8M | $5.8M | 50x | as long as short |
| OKX FLOKI-USDT-SWAP | +0.0100% | 8h | 0.00002920 | −0.068% | $1.2M | $6.3M | 20x | as long as short |
| Gate FLOKI_USDT | +0.0100% | 8h | 0.00002922 | 0.000% | $562K | $2.2M | 50x | as long as short |
| MEXC FLOKI_USDT | +0.0100% | 8h | 0.00002922 | 0.000% | $8.1M | $7.4M | 200x | as long as short |
gTrade (Gains Network) FLOKI/USD
Injective FLOKI/USDC PERP
Lighter 1000FLOKI
Hyperliquid kFLOKI
Aster 1000FLOKIUSDT
Binance 1000FLOKIUSDT
Bybit 1000FLOKIUSDT
OKX FLOKI-USDT-SWAP
Gate FLOKI_USDT
MEXC FLOKI_USDTShow all 19 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin FLOKIUSDTM | +0.0100% | 8h | 0.00002925 | +0.103% | $1.6M | $1.2M | 75x | as long as short |
| Bitget FLOKIUSDT | +0.0100% | 8h | 0.00002924 | +0.068% | $2.0M | $3.6M | 75x | as long as short |
| BingX FLOKI-USDTlong | +0.0100% | 8h | 0.00002922 | long leg | — | $11.2M | — | |
| Variational Omni 1000FLOKI | +0.0100% | 8h | 0.00002921 | −0.024% | $62K | $92K | — | as long as short |
| HTX FLOKI-USDT | +0.0100% | 8h | 0.00002917 | −0.171% | $105K | $80K | 75x | as long as short |
| Extended kFLOKI-USD | +0.0104% | 1h | 0.00002925 | +0.093% | $5K | $615 | 10x | as long as short |
| GMX FLOKI/USD [WBTC.b-USDC] | L +0.0213% / S −0.0445% | 1h | 0.00002900 | −0.753% | $824 | — | 100x | as long as short |
| BloFin 1000FLOKI-USDT | +0.0220% | 8h | 0.00002922 | 0.000% | $497K | $1.1M | 75x | as long as short |
| Kraken Futures PF_FLOKIUSDshort | +0.2738% | 1h | 0.00002928 | +0.211% | $104K | $122K | 50x |
KuCoin FLOKIUSDTM
Bitget FLOKIUSDT
Variational Omni 1000FLOKI
HTX FLOKI-USDT
Extended kFLOKI-USD
GMX FLOKI/USD [WBTC.b-USDC]
BloFin 1000FLOKI-USDT