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 − costs—prices read too far apart to compare
costs, in and out, $10k−$1611.615% of the position
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_FLOKIUSD | 0.00002890 | −0.1574 | get 0.0197% / 1h | 45m 18s | $103K | $103K | 50x |
| Short | OKX FLOKI-USDT-SWAP | 0.00002895 | 0.0023 | get 0.0023% / 8h | 1h 45m | $1.1M | $5.0M | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures live order book, 37 min ago | 37.97 bp | 75.6 bp −$76 | 215.5 bp −$2,155 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 3.47 bp | 19.7 bp −$20 | 77.1 bp −$771 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_FLOKIUSDlong | −0.1574% | 1h | 0.00002890 | long leg | $103K | $103K | 50x | |
| gTrade (Gains Network) FLOKI/USD | L +0.0005% / S −0.0004% | 1h | 0.00002897 | +0.221% | — | — | 150x | as long as short |
| OKX FLOKI-USDT-SWAPshort | +0.0023% | 8h | 0.00002895 | +0.167% | $1.1M | $5.0M | 20x | |
| Injective FLOKI/USDC PERP | +0.0033% | 1h | 0.00002777 | −3.929% | $22 | $565 | 5.5x | as long as short |
| Extended kFLOKI-USD | +0.0072% | 1h | 0.00002894 | +0.122% | $5K | — | 10x | as long as short |
| Binance 1000FLOKIUSDT | +0.0073% | 8h | 0.00002895 | +0.159% | $4.6M | $21.0M | 75x | as long as short |
| MEXC FLOKI_USDT | +0.0073% | 8h | 0.00002895 | +0.167% | $6.0M | $5.3M | 200x | as long as short |
| Lighter 1000FLOKI | +0.0096% | 1h | 0.00002903 | +0.434% | $36K | $9K | 5x | as long as short |
| Hyperliquid kFLOKI | +0.0100% | 1h | 0.00002897 | +0.254% | $431K | $234K | 5x | as long as short |
| Aster 1000FLOKIUSDT | +0.0100% | 8h | 0.00002895 | +0.151% | $13K | $48K | 10x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit 1000FLOKIUSDT | +0.0100% | 8h | 0.00002897 | +0.237% | $2.6M | $4.1M | 50x | as long as short |
| Gate FLOKI_USDT | +0.0100% | 8h | 0.00002894 | +0.133% | $466K | $1.6M | 50x | as long as short |
| KuCoin FLOKIUSDTM | +0.0100% | 8h | 0.00002896 | +0.212% | $1.6M | $1.0M | 75x | as long as short |
| Bitget FLOKIUSDT | +0.0100% | 8h | 0.00002895 | +0.167% | $1.9M | $2.5M | 75x | as long as short |
| BingX FLOKI-USDT | +0.0100% | 8h | 0.00002895 | +0.167% | — | $14.1M | — | as long as short |
| Variational Omni 1000FLOKI | +0.0100% | 8h | 0.00002885 | −0.171% | $36K | $31K | — | as long as short |
| HTX FLOKI-USDT | +0.0100% | 8h | 0.00002879 | −0.386% | $106K | $97K | 75x | as long as short |
| BloFin 1000FLOKI-USDT | +0.0194% | 8h | 0.00002889 | −0.040% | $428K | $777K | 75x | as long as short |
| GMX FLOKI/USD [WBTC.b-USDC] | L +0.0213% / S −0.0445% | 1h | 0.00002800 | −3.120% | $817 | — | 100x | as long as short |
Kraken Futures PF_FLOKIUSD
OKX FLOKI-USDT-SWAP
gTrade (Gains Network) FLOKI/USD
Injective FLOKI/USDC PERP
Extended kFLOKI-USD
Binance 1000FLOKIUSDT
MEXC FLOKI_USDT
Lighter 1000FLOKI
Hyperliquid kFLOKI
Aster 1000FLOKIUSDT
Bybit 1000FLOKIUSDT
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]