Funding you earn now, next payment 08:00 UTC+0.1235%/8h= +135.3% APRpaid last 24h +0.296%
Price spread now: OKX against Kraken Futures−0.016%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$37 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_GMTUSD | 0.008491 | −0.1280 | get 0.0160% / 1h | 56m 25s | $43K | $13K | 20x |
| Short | OKX GMT-USDT-SWAP | 0.008490 | −0.0045 | pay 0.0022% / 4h | 56m 25s | $387K | $1.2M | 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
- $259.39
- Price spread: −0.016% → 0.000%
- −$1.61
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $237.78
- Costs to cover
- 0.200%
- Break-even
- 0.6 days
Slippage unknown: Kraken Futures: no order-book sample; OKX: live order book, 5 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 5 min ago | 4.12 bp | 38.2 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
GMT on 12 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_GMTUSDlong | −0.1280% | 1h | 0.008491 | long leg | $43K | $13K | 20x | |
| Variational Omni GMT | −0.0251% | 8h | 0.008495 | +0.037% | $4K | $6K | — | as long as short |
| Bybit GMTUSDT | −0.0227% | 8h | 0.008502 | +0.125% | $1.1M | $2.1M | 50x | as long as short |
| KuCoin GMTUSDTM | −0.0158% | 4h | 0.008490 | −0.016% | $257K | $186K | 50x | as long as short |
| OKX GMT-USDT-SWAPshort | −0.0045% | 4h | 0.008490 | −0.016% | $387K | $1.2M | 20x | |
| Hyperliquid GMT | +0.0100% | 1h | 0.008493 | +0.019% | $113K | $144K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008510 | +0.221% | $7K | $23K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008491 | −0.004% | $2.9M | $5.4M | 50x | as long as short |
| Gate GMT_USDT | +0.0100% | 8h | 0.008500 | +0.102% | $146K | $177K | 50x | as long as short |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008492 | +0.007% | $446K | $211K | 20x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GMTUSDT | +0.0100% | 4h | 0.008495 | +0.043% | $676K | $629K | 50x | as long as short |
| BingX GMT-USDT | +0.0100% | 4h | 0.008501 | +0.113% | — | $1.3M | — | as long as short |
Kraken Futures PF_GMTUSD
OKX GMT-USDT-SWAP
Variational Omni GMT
Bybit GMTUSDT
KuCoin GMTUSDTM
Hyperliquid GMT
Aster GMTUSDT
Binance GMTUSDT
Gate GMT_USDT
MEXC GMT_USDT
Bitget GMTUSDT
BingX GMT-USDT