Funding you earn now, next payment 06:00 UTC−0.1850%/8h= −202.5% APRpaid last 24h −0.053%
Price spread now: BingX against Kraken Futures+0.230%7-day average −0.145% · you sell dearer than you buy
Net, funding: paid 7d − costs−$185as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1421.422% of the position
Funding, last 7 days−0.433%−$43 on $10k
+Price spread, last 4 days (all we have)−0.475%−$47 · spread now +0.230%, 7d avg −0.145%
=The price spread pays, funding is against you. BingX is 0.375% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.230% now, against its 7-day average of −0.145%): +$37 on $10k if it goes back. Holding the pair costs −$55 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 7 days (−0.433% in total) that is about 6.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.433% in total (about -22.6% 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 | 0.00002868 | 0.1950 | pay 0.0244% / 1h | 31m 42s | $97K | $121K | 50x |
| Short | BingX FLOKI-USDT | 0.00002875 | 0.0100 | get 0.0100% / 8h | 2h 31m | — | $11.0M | — |
Kraken Futures PF_FLOKIUSD
BingX FLOKI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$388.4
- Price spread: +0.230% → −0.145%
- $37.46
- Slippage, 4 orders
- −$122.18
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$493.12
- Costs to cover
- 1.422%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 15 min ago; BingX: live order book, 7 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, 15 min ago | 43.17 bp | 66.7 bp −$67 | 210.9 bp −$2,109 | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 3.47 bp | 12.2 bp −$12 | 21.3 bp −$213 | 136.8 bp −$13.7K | 447.5 bp −$223.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) FLOKI/USD | L +0.0005% / S −0.0004% | 1h | 0.00002876 | +0.274% | — | — | 150x | as long as short |
| Injective FLOKI/USDC PERP | +0.0033% | 1h | 0.00002777 | −3.201% | $22 | $565 | 5.5x | as long as short |
| Lighter 1000FLOKI | +0.0096% | 1h | 0.00002880 | +0.397% | $43K | $17K | 5x | as long as short |
| Hyperliquid kFLOKI | +0.0100% | 1h | 0.00002876 | +0.275% | $559K | $392K | 5x | as long as short |
| Aster 1000FLOKIUSDT | +0.0100% | 8h | 0.00002875 | +0.218% | $11K | $56K | 10x | as long as short |
| Binance 1000FLOKIUSDT | +0.0100% | 8h | 0.00002875 | +0.228% | $4.8M | $26.9M | 75x | as long as short |
| Bybit 1000FLOKIUSDT | +0.0100% | 8h | 0.00002875 | +0.230% | $2.7M | $4.8M | 50x | as long as short |
| OKX FLOKI-USDT-SWAP | +0.0100% | 8h | 0.00002876 | +0.264% | $1.1M | $5.9M | 20x | as long as short |
| Gate FLOKI_USDT | +0.0100% | 8h | 0.00002874 | +0.195% | $526K | $1.9M | 50x | as long as short |
| MEXC FLOKI_USDT | +0.0100% | 8h | 0.00002874 | +0.195% | $6.7M | $6.3M | 200x | as long as short |
gTrade (Gains Network) FLOKI/USD
Injective FLOKI/USDC PERP
Lighter 1000FLOKI
Hyperliquid kFLOKI
Aster 1000FLOKIUSDT
Binance 1000FLOKIUSDT
Bybit 1000FLOKIUSDT
OKX FLOKI-USDT-SWAP
Gate FLOKI_USDT
MEXC FLOKI_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin FLOKIUSDTM | +0.0100% | 8h | 0.00002876 | +0.271% | $1.7M | $1.2M | 75x | as long as short |
| Bitget FLOKIUSDT | +0.0100% | 8h | 0.00002874 | +0.195% | $1.9M | $2.9M | 75x | as long as short |
| BingX FLOKI-USDTshort | +0.0100% | 8h | 0.00002875 | +0.230% | — | $11.0M | — | |
| Variational Omni 1000FLOKI | +0.0100% | 8h | 0.00002878 | +0.336% | $64K | $61K | — | as long as short |
| HTX FLOKI-USDT | +0.0100% | 8h | 0.00002877 | +0.299% | $106K | $86K | 75x | as long as short |
| Extended kFLOKI-USD | +0.0104% | 1h | 0.00002874 | +0.202% | $5K | — | 10x | as long as short |
| GMX FLOKI/USD [WBTC.b-USDC] | L +0.0146% / S −0.0036% | 1h | 0.00002800 | −2.385% | $2K | — | 100x | as long as short |
| BloFin 1000FLOKI-USDT | +0.0220% | 8h | 0.00002869 | +0.020% | $456K | $824K | 75x | as long as short |
| Kraken Futures PF_FLOKIUSDlong | +0.1950% | 1h | 0.00002868 | long leg | $97K | $121K | 50x |
KuCoin FLOKIUSDTM
Bitget FLOKIUSDT
Variational Omni 1000FLOKI
HTX FLOKI-USDT
Extended kFLOKI-USD
GMX FLOKI/USD [WBTC.b-USDC]
BloFin 1000FLOKI-USDT