Funding you earn now, next payment 04:00 UTC−0.0776%/8h= −84.9% APRpaid last 24h −0.054%
Price spread now: KuCoin against Kraken Futures+0.094%7-day average −0.142% · you sell dearer than you buy
Net, funding: paid 7d − costs−$256as in the Funding arb table
Net, price: spread back to 7d avg − costs−$192as in the Price arb table
costs, in and out, $10k−$2162.158% of the position
Funding, last 7 days−0.400%−$40 on $10k
+Price spread, last 4 days (all we have)−0.224%−$22 · spread now +0.094%, 7d avg −0.142%
=The price spread pays, funding is against you. KuCoin is 0.237% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.094% now, against its 7-day average of −0.142%): +$24 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 24 hours. At the pace of the last 7 days (−0.400% in total) that is about 4.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.400% in total (about -20.9% 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 | 0.00002931 | 0.0876 | pay 0.0109% / 1h | 13m 52s | $100K | $120K | 50x |
| Short | KuCoin FLOKIUSDTM | 0.00002934 | 0.0100 | get 0.0100% / 8h | 4h 13m | $1.7M | $1.2M | 75x |
Kraken Futures PF_FLOKIUSD
KuCoin FLOKIUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$162.87
- Price spread: +0.094% → −0.142%
- $23.66
- Slippage, 4 orders
- −$193.77
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$354.98
- Costs to cover
- 2.158%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 43 min ago; KuCoin: live order book, 2 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, 43 min ago | 19.19 bp | 74.2 bp −$74 | 163.7 bp −$1,637 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 4.26 bp | 58.9 bp −$59 | 130.2 bp −$1,302 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) FLOKI/USD | L +0.0005% / S −0.0004% | 1h | 0.00002931 | −0.007% | — | — | 150x | as long as short |
| Injective FLOKI/USDC PERP | +0.0033% | 1h | 0.00002777 | −5.278% | $22 | $565 | 5.5x | as long as short |
| Lighter 1000FLOKI | +0.0096% | 1h | 0.00002941 | +0.313% | $42K | $14K | 5x | as long as short |
| Hyperliquid kFLOKI | +0.0100% | 1h | 0.00002937 | +0.180% | $489K | $307K | 5x | as long as short |
| Aster 1000FLOKIUSDT | +0.0100% | 8h | 0.00002932 | +0.012% | $11K | $50K | 10x | as long as short |
| Binance 1000FLOKIUSDT | +0.0100% | 8h | 0.00002935 | +0.125% | $4.8M | $24.2M | 75x | as long as short |
| Bybit 1000FLOKIUSDT | +0.0100% | 8h | 0.00002935 | +0.125% | $2.7M | $4.4M | 50x | as long as short |
| OKX FLOKI-USDT-SWAP | +0.0100% | 8h | 0.00002933 | +0.057% | $1.1M | $5.5M | 20x | as long as short |
| Gate FLOKI_USDT | +0.0100% | 8h | 0.00002930 | −0.045% | $485K | $1.6M | 50x | as long as short |
| MEXC FLOKI_USDT | +0.0100% | 8h | 0.00002930 | −0.045% | $7.4M | $5.9M | 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 FLOKIUSDTMshort | +0.0100% | 8h | 0.00002934 | +0.094% | $1.7M | $1.2M | 75x | |
| Bitget FLOKIUSDT | +0.0100% | 8h | 0.00002934 | +0.091% | $1.9M | $2.7M | 75x | as long as short |
| BingX FLOKI-USDT | +0.0100% | 8h | 0.00002935 | +0.125% | — | $10.9M | — | as long as short |
| Variational Omni 1000FLOKI | +0.0100% | 8h | 0.00002930 | −0.029% | $63K | $58K | — | as long as short |
| HTX FLOKI-USDT | +0.0100% | 8h | 0.00002927 | −0.148% | $110K | $114K | 75x | as long as short |
| Extended kFLOKI-USD | +0.0104% | 1h | 0.00002929 | −0.073% | $5K | — | 10x | as long as short |
| GMX FLOKI/USD [WBTC.b-USDC] | L +0.0184% / S −0.0059% | 1h | 0.00002900 | −1.069% | $2K | — | 100x | as long as short |
| BloFin 1000FLOKI-USDT | +0.0220% | 8h | 0.00002928 | −0.114% | $448K | $840K | 75x | as long as short |
| Kraken Futures PF_FLOKIUSDlong | +0.0876% | 1h | 0.00002931 | long leg | $100K | $120K | 50x |
Bitget FLOKIUSDT
BingX FLOKI-USDT
Variational Omni 1000FLOKI
HTX FLOKI-USDT
Extended kFLOKI-USD
GMX FLOKI/USD [WBTC.b-USDC]
BloFin 1000FLOKI-USDT