Funding you earn now, next payment 20:00 UTC+0.1323%/8hpaid last 24h +0.008%
Price spread now: OKX against Kraken Futures+0.281%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1871.875% of the position
Funding, last 7 days+1.551%+$155 on $10k
+Price spread, last 3 days (all we have)−0.133%−$13 · spread now +0.281%, 7d avg +0.037%
=Both sides work for this trade now. Funding pays +$40 a day on $10k at the current rate, and OKX is 0.244% dearer against Kraken Futures than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of +0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_MUBARAKUSD | 0.04406 | −0.1223 | get 0.0153% / 1h | 23m 20s | $65K | $386K | 10x |
| Short | OKX MUBARAK-USDT-SWAP | 0.04418 | 0.0100 | get 0.0050% / 4h | 23m 20s | $2.7M | $51.0M | 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
- $277.85
- Price spread: +0.281% → +0.037%
- $24.44
- Slippage, 4 orders
- −$167.5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $114.79
- Costs to cover
- 1.875%
- Break-even
- 4.1 days
Slippage from Kraken Futures: live order book, 8 min ago; OKX: live order book, 5 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, 8 min ago | 14.28 bp | 61.0 bp −$61 | 7714.4 bp −$77.1K | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 3.05 bp | 21.5 bp −$22 | 103.7 bp −$1,037 | doesn't fit | doesn't fit |
MUBARAK on 11 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_MUBARAKUSDlong | −0.1223% | 1h | 0.04406 | long leg | $65K | $386K | 10x | |
| OKX MUBARAK-USDT-SWAPshort | +0.0100% | 4h | 0.04418 | +0.281% | $2.7M | $51.0M | 20x | |
| Bitget MUBARAKUSDT | +0.0100% | 4h | 0.04415 | +0.213% | $2.7M | $6.7M | 25x | as long as short |
| Variational Omni MUBARAK | +0.0100% | 4h | 0.04420 | +0.331% | $15K | $42K | — | as long as short |
| Binance MUBARAKUSDT | +0.0227% | 4h | 0.04413 | +0.158% | $16.2M | $80.9M | 25x | as long as short |
| MEXC MUBARAK_USDT | +0.0228% | 4h | 0.04419 | +0.304% | $883K | $1.4M | 50x | as long as short |
| Bybit MUBARAKUSDT | +0.0391% | 4h | 0.04416 | +0.238% | $3.5M | $10.0M | 25x | as long as short |
| BingX MUBARAK-USDT | +0.0420% | 4h | 0.04415 | +0.213% | — | $3.1M | — | as long as short |
| Aster MUBARAKUSDT | +0.0422% | 4h | 0.04416 | +0.237% | $17K | $369K | 5x | as long as short |
| Gate MUBARAK_USDT | +0.0790% | 4h | 0.04421 | +0.349% | $7.0M | $5.2M | 50x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MUBARAKUSDTM | +0.1614% | 4h | 0.04432 | +0.599% | $1.7M | $881K | 30x | as long as short |
Kraken Futures PF_MUBARAKUSD
OKX MUBARAK-USDT-SWAP
Bitget MUBARAKUSDT
Variational Omni MUBARAK
Binance MUBARAKUSDT
MEXC MUBARAK_USDT
Bybit MUBARAKUSDT
BingX MUBARAK-USDT
Aster MUBARAKUSDT
Gate MUBARAK_USDT
KuCoin MUBARAKUSDTM