Funding you earn now, next payment 03:00 UTC−0.0213%/8h= −23.3% APRpaid last 24h +0.016%
Price spread now: OKX against Kraken Futures+0.383%7-day average — · you sell dearer than you buy
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 pays, funding is against you. OKX is 0.383% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.383% now, against zero (this spread has no 7-day history yet)): +$38 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 6.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SOONUSD | 0.1943 | 0.0769 | pay 0.0096% / 1h | 3m 07s | $11K | $2K | 10x |
| Short | OKX SOON-USDT-SWAP | 0.1950 | 0.0556 | get 0.0278% / 4h | 1h 03m | $1.9M | $459K | 20x |
Kraken Futures PF_SOONUSD
OKX SOON-USDT-SWAPFunding 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
- −$44.71
- Price spread: +0.383% → 0.000%
- $38.3
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$26.41
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; OKX: live order book, 4 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, 4 min ago | 5.13 bp | 29.3 bp −$29 | 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.
SOON 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SOONUSDTM | +0.0100% | 4h | 0.1950 | +0.373% | $1.8M | $3.3M | 50x | as long as short |
| OKX SOON-USDT-SWAPshort | +0.0556% | 4h | 0.1950 | +0.383% | $1.9M | $459K | 20x | |
| Binance SOONUSDT | +0.0648% | 4h | 0.1950 | +0.383% | $8.0M | $1.9M | 50x | as long as short |
| Extended SOON-USD | +0.0648% | 1h | 0.1949 | +0.354% | $6K | $193K | 5x | as long as short |
| Gate SOON_USDT | +0.0756% | 4h | 0.1947 | +0.229% | $3.2M | $120K | 50x | as long as short |
| Kraken Futures PF_SOONUSDlong | +0.0769% | 1h | 0.1943 | long leg | $11K | $2K | 10x | |
| Aster SOONUSDT | +0.0946% | 4h | 0.1950 | +0.405% | $190K | $3K | 5x | as long as short |
| Bitget SOONUSDT | +0.0998% | 4h | 0.1950 | +0.383% | $9.1M | $256K | 25x | as long as short |
| Variational Omni SOON | +0.1913% | 4h | 0.1939 | −0.203% | $239K | $20K | — | as long as short |
| Bybit SOONUSDT | +0.2221% | 4h | 0.1938 | −0.235% | $2.5M | $1.2M | 25x | as long as short |
KuCoin SOONUSDTM
Binance SOONUSDT
Extended SOON-USD
Gate SOON_USDT
Aster SOONUSDT
Bitget SOONUSDT
Variational Omni SOON
Bybit SOONUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SOON-USDT | +0.2230% | 4h | 0.1946 | +0.177% | — | $6.7M | — | as long as short |
BingX SOON-USDT