Funding you earn now, next payment 01:00 UTC+0.1686%/8h= +184.6% APRnext payment +$2.11 per $10,000 · paid last 24h −0.115%
Price spread now: Hyperliquid against Kraken Futures+0.136%7-day average −0.159% · you sell dearer than you buy
Net, funding: paid 7d − costs−$190as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1531.531% of the position
Funding, last 7 days−0.372%−$37 on $10k
+Price spread, last 3 days (all we have)−0.393%−$39 · spread now +0.136%, 7d avg −0.159%
=Together, before fees−0.765%+ Points / potential airdropHyperliquid: Season 2 · farm board−$76 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$51 a day on $10k at the current rate, and Hyperliquid is 0.295% dearer against Kraken Futures than usual: you sell high and buy low: +$30 more if the spread goes back to its 7-day average of −0.159%. Mind the row above: over the last 7 days funding on this pair cost −0.372%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.372% in total (about -19.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.11 per $10,000. 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 | 0.00002905 | −0.1586 | get 0.0198% / 1h | 58m 03s | $103K | $104K | 50x |
| Short | Hyperliquid kFLOKI | 0.00002909 | 0.0100 | get 0.0013% / 1h | 58m 03s | $471K | $278K | 5x |
Kraken Futures PF_FLOKIUSD
Hyperliquid kFLOKIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $354.11
- Price spread: +0.136% → −0.159%
- $29.55
- Slippage, 4 orders
- −$134.12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $230.53
- Costs to cover
- 1.531%
- Break-even
- 2.4 days
Slippage from Kraken Futures: live order book, 14 min ago; Hyperliquid: live order book, 62 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, 14 min ago | 43.46 bp | 67.9 bp −$68 | 198.5 bp −$1,985 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 62 min ago | 1.04 bp | 14.3 bp −$14 | doesn't fit | doesn't fit | 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 | −0.1586% | 1h | 0.00002905 | long leg | $103K | $104K | 50x | |
| gTrade (Gains Network) FLOKI/USD | L +0.0005% / S −0.0004% | 1h | 0.00002909 | +0.126% | — | — | 150x | as long as short |
| Injective FLOKI/USDC PERP | +0.0033% | 1h | 0.00002777 | −4.415% | $22 | $565 | 5.5x | as long as short |
| Binance 1000FLOKIUSDT | +0.0085% | 8h | 0.00002908 | +0.125% | $4.7M | $22.5M | 75x | as long as short |
| MEXC FLOKI_USDT | +0.0085% | 8h | 0.00002909 | +0.143% | $7.4M | $5.7M | 200x | as long as short |
| Extended kFLOKI-USD | +0.0088% | 1h | 0.00002907 | +0.061% | $5K | — | 10x | as long as short |
| Lighter 1000FLOKI | +0.0096% | 1h | 0.00002912 | +0.239% | $37K | $9K | 5x | as long as short |
| Hyperliquid kFLOKIshort | +0.0100% | 1h | 0.00002909 | +0.136% | $471K | $278K | 5x | |
| Aster 1000FLOKIUSDT | +0.0100% | 8h | 0.00002906 | +0.036% | $12K | $51K | 10x | as long as short |
| Bybit 1000FLOKIUSDT | +0.0100% | 8h | 0.00002909 | +0.143% | $2.7M | $4.3M | 50x | as long as short |
gTrade (Gains Network) FLOKI/USD
Injective FLOKI/USDC PERP
Binance 1000FLOKIUSDT
MEXC FLOKI_USDT
Extended kFLOKI-USD
Lighter 1000FLOKI
Aster 1000FLOKIUSDT
Bybit 1000FLOKIUSDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX FLOKI-USDT-SWAP | +0.0100% | 8h | 0.00002908 | +0.109% | $1.1M | $5.2M | 20x | as long as short |
| Gate FLOKI_USDT | +0.0100% | 8h | 0.00002906 | +0.040% | $468K | $1.6M | 50x | as long as short |
| KuCoin FLOKIUSDTM | +0.0100% | 8h | 0.00002909 | +0.153% | $1.6M | $1.1M | 75x | as long as short |
| Bitget FLOKIUSDT | +0.0100% | 8h | 0.00002907 | +0.074% | $1.9M | $2.6M | 75x | as long as short |
| BingX FLOKI-USDT | +0.0100% | 8h | 0.00002907 | +0.074% | — | $14.3M | — | as long as short |
| Variational Omni 1000FLOKI | +0.0100% | 8h | 0.00002898 | −0.232% | $58K | $53K | — | as long as short |
| HTX FLOKI-USDT | +0.0100% | 8h | 0.00002901 | −0.132% | $109K | $109K | 75x | as long as short |
| BloFin 1000FLOKI-USDT | +0.0205% | 8h | 0.00002902 | −0.098% | $437K | $823K | 75x | as long as short |
| GMX FLOKI/USD [WBTC.b-USDC] | L +0.0213% / S −0.0445% | 1h | 0.00002900 | −0.167% | $819 | — | 100x | as long as short |
OKX FLOKI-USDT-SWAP
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]