Funding you earn now, next payment 02:00 UTC+0.0292%/8h= +32.0% APRpaid last 24h −0.025%
Price spread now: Kraken Futures against OKX−0.504%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
Funding pays, the price is against you. Kraken Futures is 0.504% cheaper against OKX than usual: you would sell low and buy high (spread −0.504% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$50 on $10k: about 5.8 days of funding at the current rate (+$9 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SOON-USDT-SWAP | 0.1952 | 0.0417 | pay 0.0209% / 4h | 2h 39m | $2.0M | $455K | 20x |
| Short | Kraken Futures PF_SOONUSD | 0.1942 | 0.0710 | get 0.0089% / 1h | 39m 22s | $11K | $1K | 10x |
OKX SOON-USDT-SWAP
Kraken Futures PF_SOONUSDFunding 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
- $61.39
- Price spread: −0.504% → 0.000%
- −$50.44
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$9.06
- Costs to cover
- 0.200%
- Break-even
- 8.0 days
Slippage unknown: OKX: live order book, 3 min ago; Kraken Futures: no order-book sample. 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 OKX live order book, 3 min ago | 5.13 bp | 35.3 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
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 | 0.1952 | −0.005% | $1.8M | $3.2M | 50x | as long as short |
| Binance SOONUSDT | +0.0325% | 4h | 0.1952 | +0.010% | $8.0M | $1.9M | 50x | as long as short |
| Extended SOON-USD | +0.0328% | 1h | 0.1952 | −0.013% | $6K | $195K | 5x | as long as short |
| OKX SOON-USDT-SWAPlong | +0.0417% | 4h | 0.1952 | long leg | $2.0M | $455K | 20x | |
| Kraken Futures PF_SOONUSDshort | +0.0710% | 1h | 0.1942 | −0.504% | $11K | $1K | 10x | |
| Aster SOONUSDT | +0.0941% | 4h | 0.1950 | −0.120% | $190K | $3K | 5x | as long as short |
| Gate SOON_USDT | +0.1028% | 4h | 0.1946 | −0.307% | $3.2M | $113K | 50x | as long as short |
| Bitget SOONUSDT | +0.1080% | 4h | 0.1946 | −0.307% | $9.1M | $246K | 25x | as long as short |
| Bybit SOONUSDT | +0.1299% | 4h | 0.1936 | −0.820% | $2.5M | $1.2M | 25x | as long as short |
| BingX SOON-USDT | +0.1442% | 4h | 0.1945 | −0.359% | — | $6.7M | — | as long as short |
KuCoin SOONUSDTM
Binance SOONUSDT
Extended SOON-USD
Aster SOONUSDT
Gate SOON_USDT
Bitget SOONUSDT
Bybit SOONUSDT
BingX SOON-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SOON | +0.2297% | 4h | 0.1937 | −0.784% | $239K | $20K | — | as long as short |
Variational Omni SOON