Funding you earn now, next payment 05:00 UTC+0.0665%/8h= +72.9% APRpaid last 24h +0.055%
Price spread now: Kraken Futures against OKX+0.316%7-day average +0.227% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1601.603% of the position
Funding, last 7 days+0.426%+$43 on $10k
+Price spread, last 4 days (all we have)+0.050%+$5 · spread now +0.316%, 7d avg +0.227%
=Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Kraken Futures is 0.090% dearer against OKX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.227%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.426% in total (about 22.2% 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 | OKX FLOKI-USDT-SWAP | 0.00002990 | 0.0100 | pay 0.0100% / 8h | 3h 48m | $1.1M | $5.7M | 20x |
| Short | Kraken Futures PF_FLOKIUSD | 0.00002999 | 0.0765 | get 0.0096% / 1h | 48m 01s | $102K | $120K | 50x |
Funding 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
- $139.74
- Price spread: +0.316% → +0.227%
- $8.96
- Slippage, 4 orders
- −$140.31
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$11.62
- Costs to cover
- 1.603%
- Break-even
- 7.6 days
Slippage from OKX: live order book, 5 min ago; Kraken Futures: live order book, 4 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, 5 min ago | 4.99 bp | 16.6 bp −$17 | 69.1 bp −$691 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 4 min ago | 48.20 bp | 66.2 bp −$66 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) FLOKI/USD | L +0.0005% / S −0.0004% | 1h | 0.00002991 | +0.025% | — | — | 150x | as long as short |
| Injective FLOKI/USDC PERP | +0.0033% | 1h | 0.00002777 | −7.137% | $22 | $565 | 5.5x | as long as short |
| BingX FLOKI-USDT | +0.0070% | 8h | 0.00002990 | 0.000% | — | $10.6M | — | as long as short |
| Lighter 1000FLOKI | +0.0096% | 1h | 0.00002994 | +0.147% | $43K | $14K | 5x | as long as short |
| Hyperliquid kFLOKI | +0.0100% | 1h | 0.00002991 | +0.043% | $523K | $326K | 5x | as long as short |
| Aster 1000FLOKIUSDT | +0.0100% | 8h | 0.00002991 | +0.047% | $11K | $50K | 10x | as long as short |
| Binance 1000FLOKIUSDT | +0.0100% | 8h | 0.00002990 | +0.006% | $5.1M | $25.2M | 75x | as long as short |
| Bybit 1000FLOKIUSDT | +0.0100% | 8h | 0.00002990 | 0.000% | $2.8M | $4.6M | 50x | as long as short |
| OKX FLOKI-USDT-SWAPlong | +0.0100% | 8h | 0.00002990 | long leg | $1.1M | $5.7M | 20x | |
| Gate FLOKI_USDT | +0.0100% | 8h | 0.00002990 | 0.000% | $548K | $1.7M | 50x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FLOKI_USDT | +0.0100% | 8h | 0.00002991 | +0.033% | $7.8M | $6.1M | 200x | as long as short |
| KuCoin FLOKIUSDTM | +0.0100% | 8h | 0.00002993 | +0.104% | $1.8M | $1.2M | 75x | as long as short |
| Bitget FLOKIUSDT | +0.0100% | 8h | 0.00002990 | 0.000% | $2.0M | $2.7M | 75x | as long as short |
| Variational Omni 1000FLOKI | +0.0100% | 8h | 0.00002992 | +0.083% | $66K | $59K | — | as long as short |
| HTX FLOKI-USDT | +0.0100% | 8h | 0.00002988 | −0.067% | $110K | $123K | 75x | as long as short |
| Extended kFLOKI-USD | +0.0104% | 1h | 0.00002991 | +0.049% | $5K | — | 10x | as long as short |
| GMX FLOKI/USD [WBTC.b-USDC] | L +0.0175% / S −0.0054% | 1h | 0.00002900 | −3.010% | $2K | — | 100x | as long as short |
| BloFin 1000FLOKI-USDT | +0.0220% | 8h | 0.00002986 | −0.134% | $469K | $857K | 75x | as long as short |
| Kraken Futures PF_FLOKIUSDshort | +0.0765% | 1h | 0.00002999 | +0.316% | $102K | $120K | 50x |
OKX FLOKI-USDT-SWAP
Kraken Futures PF_FLOKIUSD
gTrade (Gains Network) FLOKI/USD
Injective FLOKI/USDC PERP
BingX FLOKI-USDT
Lighter 1000FLOKI
Hyperliquid kFLOKI
Aster 1000FLOKIUSDT
Binance 1000FLOKIUSDT
Bybit 1000FLOKIUSDT
Gate FLOKI_USDT
MEXC FLOKI_USDT
KuCoin FLOKIUSDTM
Bitget FLOKIUSDT
Variational Omni 1000FLOKI
HTX FLOKI-USDT
Extended kFLOKI-USD
GMX FLOKI/USD [WBTC.b-USDC]
BloFin 1000FLOKI-USDT