Funding you earn now, next payment 06:00 UTC−0.1833%/8h= −200.8% APRpaid last 24h −0.054%
Price spread now: MEXC against Kraken Futures+0.165%7-day average −0.168% · you sell dearer than you buy
Net, funding: paid 7d − costs−$184as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1331.331% of the position
Funding, last 7 days−0.510%−$51 on $10k
+Price spread, last 4 days (all we have)−0.371%−$37 · spread now +0.165%, 7d avg −0.168%
=The price spread pays, funding is against you. MEXC is 0.332% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.165% now, against its 7-day average of −0.168%): +$33 on $10k if it goes back. Holding the pair costs −$55 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 7 days (−0.510% in total) that is about 4.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.510% in total (about -26.6% 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 | 0.00002892 | 0.1933 | pay 0.0242% / 1h | 48m 54s | $98K | $121K | 50x |
| Short | MEXC FLOKI_USDT | 0.00002897 | 0.0100 | get 0.0100% / 8h | 2h 48m | $6.9M | $6.3M | 200x |
Kraken Futures PF_FLOKIUSD
MEXC FLOKI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$385.02
- Price spread: +0.165% → −0.168%
- $33.24
- Slippage, 4 orders
- −$123.09
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$484.87
- Costs to cover
- 1.331%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 63 min ago; MEXC: live order book, 4 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, 63 min ago | 48.20 bp | 56.5 bp −$57 | 155.0 bp −$1,550 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.72 bp | 4.1 bp −$4 | 16.0 bp −$160 | 113.5 bp −$11.4K | 172.0 bp −$86.0K |
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 | 0.00002898 | +0.191% | — | — | 150x | as long as short |
| Injective FLOKI/USDC PERP | +0.0033% | 1h | 0.00002777 | −3.998% | $22 | $565 | 5.5x | as long as short |
| Lighter 1000FLOKI | +0.0096% | 1h | 0.00002899 | +0.248% | $43K | $17K | 5x | as long as short |
| Hyperliquid kFLOKI | +0.0100% | 1h | 0.00002898 | +0.206% | $563K | $390K | 5x | as long as short |
| Aster 1000FLOKIUSDT | +0.0100% | 8h | 0.00002900 | +0.274% | $11K | $55K | 10x | as long as short |
| Binance 1000FLOKIUSDT | +0.0100% | 8h | 0.00002896 | +0.130% | $4.8M | $26.7M | 75x | as long as short |
| Bybit 1000FLOKIUSDT | +0.0100% | 8h | 0.00002895 | +0.096% | $2.7M | $4.7M | 50x | as long as short |
| OKX FLOKI-USDT-SWAP | +0.0100% | 8h | 0.00002895 | +0.096% | $1.2M | $5.9M | 20x | as long as short |
| Gate FLOKI_USDT | +0.0100% | 8h | 0.00002894 | +0.061% | $528K | $1.9M | 50x | as long as short |
| MEXC FLOKI_USDTshort | +0.0100% | 8h | 0.00002897 | +0.165% | $6.9M | $6.3M | 200x |
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_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin FLOKIUSDTM | +0.0100% | 8h | 0.00002901 | +0.293% | $1.7M | $1.2M | 75x | as long as short |
| Bitget FLOKIUSDT | +0.0100% | 8h | 0.00002899 | +0.234% | $1.9M | $2.9M | 75x | as long as short |
| BingX FLOKI-USDT | +0.0100% | 8h | 0.00002897 | +0.165% | — | $11.0M | — | as long as short |
| Variational Omni 1000FLOKI | +0.0100% | 8h | 0.00002903 | +0.389% | $65K | $61K | — | as long as short |
| HTX FLOKI-USDT | +0.0100% | 8h | 0.00002894 | +0.061% | $106K | $95K | 75x | as long as short |
| Extended kFLOKI-USD | +0.0104% | 1h | 0.00002895 | +0.104% | $5K | — | 10x | as long as short |
| GMX FLOKI/USD [WBTC.b-USDC] | L +0.0153% / S −0.0040% | 1h | 0.00002800 | −3.189% | $2K | — | 100x | as long as short |
| BloFin 1000FLOKI-USDT | +0.0220% | 8h | 0.00002896 | +0.130% | $451K | $831K | 75x | as long as short |
| Kraken Futures PF_FLOKIUSDlong | +0.1933% | 1h | 0.00002892 | long leg | $98K | $121K | 50x |
KuCoin FLOKIUSDTM
Bitget FLOKIUSDT
BingX FLOKI-USDT
Variational Omni 1000FLOKI
HTX FLOKI-USDT
Extended kFLOKI-USD
GMX FLOKI/USD [WBTC.b-USDC]
BloFin 1000FLOKI-USDT