Funding you earn now, next payment 00:00 UTC+0.1843%/8h= +201.8% APRpaid last 24h −0.115%
Price spread now: Binance against Kraken Futures−0.101%54s7-day average −0.164% · you buy dearer than you sell
Net, funding: paid 7d − costs−$197as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1511.515% of the position
Funding, last 7 days−0.460%−$46 on $10k
+Price spread, last 3 days (all we have)−0.109%−$11 · spread now −0.101%, 7d avg −0.164%
=Both sides work for this trade now. Funding pays +$55 a day on $10k at the current rate, and Binance is 0.064% dearer against Kraken Futures than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.164%. Mind the row above: over the last 7 days funding on this pair cost −0.460%, so the current rate has only just turned in your favour. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.460% in total (about -24.0% 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 | Kraken Futures PF_FLOKIUSD | 0.00002888 | −0.1770 | get 0.0221% / 1h | 25m 24s | $103K | $103K | 50x |
| Short | Binance 1000FLOKIUSDT | 0.00002885 | 0.0072 | get 0.0072% / 8h | 25m 24s | $4.7M | $22.3M | 75x |
Kraken Futures PF_FLOKIUSD
Binance 1000FLOKIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $386.93
- Price spread: −0.101% → −0.164%
- $6.37
- Slippage, 4 orders
- −$131.45
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $241.85
- Costs to cover
- 1.515%
- Break-even
- 2.6 days
Slippage from Kraken Futures: live order book, 52 min ago; Binance: live order book, 1 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, 52 min ago | 43.31 bp | 64.8 bp −$65 | 179.4 bp −$1,794 | doesn't fit | doesn't fit |
| Sell Binance live order book, 1 min ago | 1.73 bp | 16.0 bp −$16 | 38.8 bp −$388 | 318.4 bp −$31.8K | doesn't fit |
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_FLOKIUSDlong | −0.1770% | 1h | 0.00002888 | long leg | $103K | $103K | 50x | |
| gTrade (Gains Network) FLOKI/USD | L +0.0005% / S −0.0004% | 1h | 0.00002886 | −0.083% | — | — | 150x | as long as short |
| Injective FLOKI/USDC PERP | +0.0033% | 1h | 0.00002777 | −3.854% | $22 | $565 | 5.5x | as long as short |
| Extended kFLOKI-USD | +0.0072% | 1h | 0.00002888 | +0.006% | $5K | — | 10x | as long as short |
| MEXC FLOKI_USDT | +0.0072% | 8h | 0.00002883 | −0.170% | $7.4M | $5.7M | 200x | as long as short |
| Binance 1000FLOKIUSDTshort | +0.0072% | 8h | 0.00002885 | −0.101% | $4.7M | $22.3M | 75x | |
| OKX FLOKI-USDT-SWAP | +0.0092% | 8h | 0.00002883 | −0.170% | $1.1M | $5.1M | 20x | as long as short |
| Lighter 1000FLOKI | +0.0096% | 1h | 0.00002893 | +0.166% | $36K | $9K | 5x | as long as short |
| Hyperliquid kFLOKI | +0.0100% | 1h | 0.00002884 | −0.118% | $466K | $277K | 5x | as long as short |
| Aster 1000FLOKIUSDT | +0.0100% | 8h | 0.00002886 | −0.072% | $12K | $51K | 10x | as long as short |
gTrade (Gains Network) FLOKI/USD
Injective FLOKI/USDC PERP
Extended kFLOKI-USD
MEXC FLOKI_USDT
OKX FLOKI-USDT-SWAP
Lighter 1000FLOKI
Hyperliquid kFLOKI
Aster 1000FLOKIUSDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit 1000FLOKIUSDT | +0.0100% | 8h | 0.00002883 | −0.170% | $2.7M | $4.3M | 50x | as long as short |
| Gate FLOKI_USDT | +0.0100% | 8h | 0.00002884 | −0.135% | $469K | $1.6M | 50x | as long as short |
| KuCoin FLOKIUSDTM | +0.0100% | 8h | 0.00002885 | −0.101% | $1.6M | $1.1M | 75x | as long as short |
| Bitget FLOKIUSDT | +0.0100% | 8h | 0.00002882 | −0.205% | $1.9M | $2.6M | 75x | as long as short |
| BingX FLOKI-USDT | +0.0100% | 8h | 0.00002886 | −0.066% | — | $14.5M | — | as long as short |
| Variational Omni 1000FLOKI | +0.0100% | 8h | 0.00002892 | +0.148% | $58K | $53K | — | as long as short |
| HTX FLOKI-USDT | +0.0100% | 8h | 0.00002890 | +0.072% | $109K | $109K | 75x | as long as short |
| BloFin 1000FLOKI-USDT | +0.0192% | 8h | 0.00002895 | +0.246% | $446K | $779K | 75x | as long as short |
| GMX FLOKI/USD [WBTC.b-USDC] | L +0.0213% / S −0.0445% | 1h | 0.00002800 | −3.044% | $814 | — | 100x | as long as short |
Bybit 1000FLOKIUSDT
Gate FLOKI_USDT
KuCoin FLOKIUSDTM
Bitget FLOKIUSDT
BingX FLOKI-USDT
Variational Omni 1000FLOKI
HTX FLOKI-USDT
BloFin 1000FLOKI-USDT
GMX FLOKI/USD [WBTC.b-USDC]