Funding arb · Price arb /

FLOKI

all FLOKI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0113%/8h= −12.4% APRpaid last 24h +0.016%

Price spread now: Binance against GMX+1.845%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 3 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. Binance is 1.845% dearer against GMX than usual: you sell high and buy low (spread +1.845% now, against zero (this spread has no 7-day history yet)): +$184 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 54 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX FLOKI/USD [WBTC.b-USDC]	0.00002900	L +0.0213% / S −0.0445%	pay 0.0027% / 1h	6m 07s	$827	—	100x
Short	Binance 1000FLOKIUSDT	0.00002953	0.0100	get 0.0100% / 8h	7h 06m	$4.8M	$22.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against GMX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GMXbpFee BinancebpOrdersPrice spread, now +1.845%Rate

Funding earned: −$23.76
Price spread: +1.845% → 0.000%: $184.48
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: $138.71
Costs to cover: 0.220%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; Binance: 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 GMX no order-book sample	—	—	—	—	—
Sell Binance live order book, 5 min ago	1.70 bp	14.2 bp −$14	32.6 bp −$326	289.2 bp −$28.9K	doesn't fit

GMX: 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.

FLOKI on 19 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_FLOKIUSD	−0.1563%	1h	0.00002949	+1.675%	$103K	$118K	50x	as long as short
gTrade (Gains Network) FLOKI/USD	L +0.0005% / S −0.0004%	1h	0.00002934	+1.184%	—	—	150x	as long as short
Injective FLOKI/USDC PERP	+0.0033%	1h	0.00002777	−4.255%	$22	$565	5.5x	as long as short
Lighter 1000FLOKI	+0.0096%	1h	0.00002944	+1.507%	$37K	$9K	5x	as long as short
Hyperliquid kFLOKI	+0.0100%	1h	0.00002947	+1.607%	$479K	$280K	5x	as long as short
Aster 1000FLOKIUSDT	+0.0100%	8h	0.00002938	+1.309%	$11K	$52K	10x	as long as short
Binance 1000FLOKIUSDTshort	+0.0100%	8h	0.00002953	+1.845%	$4.8M	$22.7M	75x
Bybit 1000FLOKIUSDT	+0.0100%	8h	0.00002953	+1.828%	$2.7M	$4.3M	50x	as long as short
OKX FLOKI-USDT-SWAP	+0.0100%	8h	0.00002949	+1.690%	$1.1M	$5.3M	20x	as long as short
Gate FLOKI_USDT	+0.0100%	8h	0.00002941	+1.414%	$487K	$1.7M	50x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC FLOKI_USDT	+0.0100%	8h	0.00002940	+1.379%	$7.6M	$5.8M	200x	as long as short
KuCoin FLOKIUSDTM	+0.0100%	8h	0.00002941	+1.417%	$1.6M	$1.1M	75x	as long as short
Bitget FLOKIUSDT	+0.0100%	8h	0.00002949	+1.690%	$1.9M	$2.6M	75x	as long as short
BingX FLOKI-USDT	+0.0100%	8h	0.00002946	+1.586%	—	$10.6M	—	as long as short
Variational Omni 1000FLOKI	+0.0100%	8h	0.00002933	+1.136%	$64K	$58K	—	as long as short
HTX FLOKI-USDT	+0.0100%	8h	0.00002928	+0.966%	$111K	$110K	75x	as long as short
Extended kFLOKI-USD	+0.0104%	1h	0.00002931	+1.081%	$5K	—	10x	as long as short
GMX FLOKI/USD [WBTC.b-USDC]long	L +0.0213% / S −0.0445%	1h	0.00002900	long leg	$827	—	100x
BloFin 1000FLOKI-USDT	+0.0220%	8h	0.00002937	+1.276%	$445K	$833K	75x	as long as short