Funding you earn now, next payment 22:00 UTC−0.1976%/8h= −216.4% APRpaid last 24h −0.146%
Price spread now: Binance against Kraken Futures+0.124%7-day average −0.160% · you sell dearer than you buy
Net, funding: paid 7d − costs−$199as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1521.516% of the position
Funding, last 7 days−0.476%−$48 on $10k
+Price spread, last 3 days (all we have)−0.330%−$33 · spread now +0.124%, 7d avg −0.160%
=The price spread pays, funding is against you. Binance is 0.284% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.124% now, against its 7-day average of −0.160%): +$28 on $10k if it goes back. Holding the pair costs −$59 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 7 days (−0.476% in total) that is about 4.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.476% in total (about -24.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_FLOKIUSD | 0.00002863 | 0.2053 | pay 0.0257% / 1h | 59m 56s | $102K | $103K | 50x |
| Short | Binance 1000FLOKIUSDT | 0.00002866 | 0.0077 | get 0.0077% / 8h | 1h 59m | $4.6M | $20.8M | 75x |
Kraken Futures PF_FLOKIUSD
Binance 1000FLOKIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$414.94
- Price spread: +0.124% → −0.160%
- $28.44
- Slippage, 4 orders
- −$131.63
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$538.13
- Costs to cover
- 1.516%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 22 min ago; Binance: live order book, 11 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 Kraken Futures live order book, 22 min ago | 37.97 bp | 75.6 bp −$76 | 215.5 bp −$2,155 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 3.49 bp | 16.1 bp −$16 | 29.8 bp −$298 | 277.7 bp −$27.8K | doesn't fit |
FLOKI on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) FLOKI/USD | L +0.0005% / S −0.0004% | 1h | 0.00002868 | +0.167% | — | — | 150x | as long as short |
| OKX FLOKI-USDT-SWAP | +0.0013% | 8h | 0.00002860 | −0.101% | $1.1M | $4.9M | 20x | as long as short |
| Injective FLOKI/USDC PERP | +0.0033% | 1h | 0.00002777 | −3.014% | $22 | $565 | 5.5x | as long as short |
| MEXC FLOKI_USDT | +0.0077% | 8h | 0.00002866 | +0.108% | $6.0M | $5.3M | 200x | as long as short |
| Binance 1000FLOKIUSDTshort | +0.0077% | 8h | 0.00002866 | +0.124% | $4.6M | $20.8M | 75x | |
| Extended kFLOKI-USD | +0.0080% | 1h | 0.00002867 | +0.131% | $5K | — | 10x | as long as short |
| Lighter 1000FLOKI | +0.0096% | 1h | 0.00002874 | +0.384% | $36K | $9K | 5x | as long as short |
| Hyperliquid kFLOKI | +0.0100% | 1h | 0.00002869 | +0.199% | $427K | $234K | 5x | as long as short |
| Aster 1000FLOKIUSDT | +0.0100% | 8h | 0.00002869 | +0.204% | $14K | $47K | 10x | as long as short |
| Bybit 1000FLOKIUSDT | +0.0100% | 8h | 0.00002867 | +0.143% | $2.6M | $4.0M | 50x | as long as short |
gTrade (Gains Network) FLOKI/USD
OKX FLOKI-USDT-SWAP
Injective FLOKI/USDC PERP
MEXC FLOKI_USDT
Extended kFLOKI-USD
Lighter 1000FLOKI
Hyperliquid kFLOKI
Aster 1000FLOKIUSDT
Bybit 1000FLOKIUSDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate FLOKI_USDT | +0.0100% | 8h | 0.00002865 | +0.074% | $461K | $1.6M | 50x | as long as short |
| KuCoin FLOKIUSDTM | +0.0100% | 8h | 0.00002869 | +0.206% | $1.6M | $1.0M | 75x | as long as short |
| Bitget FLOKIUSDT | +0.0100% | 8h | 0.00002864 | +0.039% | $1.9M | $2.5M | 75x | as long as short |
| BingX FLOKI-USDT | +0.0100% | 8h | 0.00002867 | +0.143% | — | $14.0M | — | as long as short |
| Variational Omni 1000FLOKI | +0.0100% | 8h | 0.00002866 | +0.122% | $36K | $31K | — | as long as short |
| HTX FLOKI-USDT | +0.0100% | 8h | 0.00002866 | +0.108% | $105K | $97K | 75x | as long as short |
| BloFin 1000FLOKI-USDT | +0.0198% | 8h | 0.00002867 | +0.143% | $431K | $772K | 75x | as long as short |
| GMX FLOKI/USD [WBTC.b-USDC] | L +0.0212% / S −0.0445% | 1h | 0.00002800 | −2.197% | $809 | — | 100x | as long as short |
| Kraken Futures PF_FLOKIUSDlong | +0.2053% | 1h | 0.00002863 | long leg | $102K | $103K | 50x |
Gate FLOKI_USDT
KuCoin FLOKIUSDTM
Bitget FLOKIUSDT
BingX FLOKI-USDT
Variational Omni 1000FLOKI
HTX FLOKI-USDT
BloFin 1000FLOKI-USDT
GMX FLOKI/USD [WBTC.b-USDC]