Funding spread now, next payment 17:00 UTC+0.0490%/8h
paid, last 24h−0.051%paid, last 7 days+0.142%to open and close $10k−$208
The current rate is far above what this pair has been paying: over the last 7 days it paid 0.142% in total (about 7.4% 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 W-USDT-SWAP | 0.01184 | 0.0100 | pay 0.0050% / 4h | 3h 39m | $1.3M | $2.3M | 20x |
| Short | Kraken Futures PF_WUSD | 0.01187 | 0.0590 | get 0.0074% / 1h | 39m 50s | $149K | $193K | 20x |
OKX W-USDT-SWAP
Kraken Futures PF_WUSDFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- $102.94
- Slippage, 4 orders
- −$187.69
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$104.75
- Break-even
- 14.1 days
Slippage from OKX: live order book, 4 min ago; Kraken Futures: live order book, 4 min ago.
Price risk
price view- Price gap now
- +0.308%
- Avg gap 7d
- +0.166%
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost 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, 4 min ago | 3.37 bp | 24.6 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 4 min ago | 13.47 bp | 54.3 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
W on 16 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Backpack W_USDC_PERP | −0.0384% | 1h | $37K | $50K | 15x | as long as short |
| Deribit W_USDC-PERPETUAL | 0.0000% | 1h | $18K | $351 | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | $1K | $23K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | $2.0M | $666K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | $3.0M | $8.4M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | $4.1M | $2.3M | 50x | as long as short |
| OKX W-USDT-SWAPlong | +0.0100% | 4h | $1.3M | $2.3M | 20x | |
| Gate W_USDT | +0.0100% | 4h | $441K | $333K | 75x | as long as short |
| MEXC W_USDT | +0.0100% | 4h | $11.8M | $1.3M | 50x | as long as short |
| KuCoin WUSDTM | +0.0100% | 4h | $417K | $250K | 50x | as long as short |
Backpack W_USDC_PERP
Deribit W_USDC-PERPETUAL
Injective W/USDC PERP
Hyperliquid W
Binance WUSDT
Bybit WUSDT
Gate W_USDT
MEXC W_USDT
KuCoin WUSDTMShow all 16 venues
| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Bitget WUSDT | +0.0100% | 4h | $1.2M | $594K | 50x | as long as short |
| BingX W-USDT | +0.0100% | 4h | — | $7.1M | — | as long as short |
| Variational Omni W | +0.0100% | 4h | $83K | $30K | — | as long as short |
| Extended W-USD | +0.0104% | 1h | $60K | $276K | 5x | as long as short |
| Coinbase International W-PERP-INTX | +0.0120% | 1h | $14K | $22K | 50x | as long as short |
| Kraken Futures PF_WUSDshort | +0.0590% | 1h | $149K | $193K | 20x |
Bitget WUSDT
BingX W-USDT
Variational Omni W
Extended W-USD
Coinbase International W-PERP-INTX