Settings8H · net · $10k
Funding arb · Price arb /

FLOKI

all FLOKI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.1598%/8h= +174.9% APRpaid last 24h −0.159%
Price spread now: OKX against Kraken Futures+0.167%55s7-day average −0.227% · you sell dearer than you buy
Net, funding: paid 7d − costs−$202as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1611.615% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.409%−$41 on $10k
Price spread, last 3 days (all we have)−0.534%−$53 · spread now +0.167%, 7d avg −0.227%
Together, before fees−0.942%−$94 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$48 a day on $10k at the current rate, and OKX is 0.395% dearer against Kraken Futures than usual: you sell high and buy low: +$39 more if the spread goes back to its 7-day average of −0.227%. Mind the row above: over the last 7 days funding on this pair cost −0.409%, so the current rate has only just turned in your favour. The two prices were read 55 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 -0.409% in total (about -21.3% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_FLOKIUSD0.00002890−0.1574get 0.0197% / 1h45m 18s$103K$103K50x
ShortOKX FLOKI-USDT-SWAP0.000028950.0023get 0.0023% / 8h1h 45m$1.1M$5.0M20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$335.48
Price spread: +0.167% → −0.227%
$39.47
Slippage, 4 orders
−$141.46
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
$213.5
Costs to cover
1.615%
Break-even
2.5 days
Slippage from Kraken Futures: live order book, 37 min ago; OKX: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 37 min ago37.97 bp75.6 bp −$76215.5 bp −$2,155doesn't fitdoesn't fit
Sell OKX live order book, 2 min ago3.47 bp19.7 bp −$2077.1 bp −$771doesn't fitdoesn't fit

FLOKI on 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_FLOKIUSDlong−0.1574%1h0.00002890long leg$103K$103K50x
gTrade (Gains Network) FLOKI/USDL +0.0005% / S −0.0004%1h0.00002897+0.221%150xas long as short
OKX FLOKI-USDT-SWAPshort+0.0023%8h0.00002895+0.167%$1.1M$5.0M20x
Injective FLOKI/USDC PERP+0.0033%1h0.00002777−3.929%$22$5655.5xas long as short
Extended kFLOKI-USD+0.0072%1h0.00002894+0.122%$5K10xas long as short
Binance 1000FLOKIUSDT+0.0073%8h0.00002895+0.159%$4.6M$21.0M75xas long as short
MEXC FLOKI_USDT+0.0073%8h0.00002895+0.167%$6.0M$5.3M200xas long as short
Lighter 1000FLOKI+0.0096%1h0.00002903+0.434%$36K$9K5xas long as short
Hyperliquid kFLOKI+0.0100%1h0.00002897+0.254%$431K$234K5xas long as short
Aster 1000FLOKIUSDT+0.0100%8h0.00002895+0.151%$13K$48K10xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit 1000FLOKIUSDT+0.0100%8h0.00002897+0.237%$2.6M$4.1M50xas long as short
Gate FLOKI_USDT+0.0100%8h0.00002894+0.133%$466K$1.6M50xas long as short
KuCoin FLOKIUSDTM+0.0100%8h0.00002896+0.212%$1.6M$1.0M75xas long as short
Bitget FLOKIUSDT+0.0100%8h0.00002895+0.167%$1.9M$2.5M75xas long as short
BingX FLOKI-USDT+0.0100%8h0.00002895+0.167%$14.1Mas long as short
Variational Omni 1000FLOKI+0.0100%8h0.00002885−0.171%$36K$31Kas long as short
HTX FLOKI-USDT+0.0100%8h0.00002879−0.386%$106K$97K75xas long as short
BloFin 1000FLOKI-USDT+0.0194%8h0.00002889−0.040%$428K$777K75xas long as short
GMX FLOKI/USD [WBTC.b-USDC]L +0.0213% / S −0.0445%1h0.00002800−3.120%$817100xas long as short