Funding you earn now, next payment 00:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.013%
Price spread now: OKX against Kraken Futures+0.372%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and OKX is 0.372% dearer against Kraken Futures than usual: you sell high and buy low: +$37 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SOONUSD | 0.1944 | 0.0108 | pay 0.0013% / 1h | 39m 56s | $11K | $1K | 10x |
| Short | OKX SOON-USDT-SWAP | 0.1951 | 0.0211 | get 0.0106% / 4h | 39m 56s | $1.9M | $429K | 20x |
Kraken Futures PF_SOONUSD
OKX SOON-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $21.81
- Price spread: +0.372% → 0.000%
- $37.19
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $39
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; OKX: live order book, 2 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 2 min ago | 2.56 bp | 38.9 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
SOON on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SOONUSDTM | +0.0100% | 4h | 0.1950 | +0.310% | $1.8M | $3.1M | 50x | as long as short |
| Kraken Futures PF_SOONUSDlong | +0.0108% | 1h | 0.1944 | long leg | $11K | $1K | 10x | |
| BingX SOON-USDT | +0.0138% | 4h | 0.1946 | +0.115% | — | $6.7M | — | as long as short |
| Gate SOON_USDT | +0.0146% | 4h | 0.1947 | +0.166% | $3.2M | $92K | 50x | as long as short |
| Binance SOONUSDT | +0.0197% | 4h | 0.1950 | +0.341% | $8.0M | $1.9M | 50x | as long as short |
| Extended SOON-USD | +0.0200% | 1h | 0.1950 | +0.321% | $7K | $207K | 5x | as long as short |
| OKX SOON-USDT-SWAPshort | +0.0211% | 4h | 0.1951 | +0.372% | $1.9M | $429K | 20x | |
| Bitget SOONUSDT | +0.0900% | 4h | 0.1950 | +0.320% | $9.1M | $219K | 25x | as long as short |
| Aster SOONUSDT | +0.0928% | 4h | 0.1948 | +0.226% | $190K | $2K | 5x | as long as short |
| Variational Omni SOON | +0.3302% | 4h | 0.1938 | −0.309% | $223K | $4K | — | as long as short |
KuCoin SOONUSDTM
BingX SOON-USDT
Gate SOON_USDT
Binance SOONUSDT
Extended SOON-USD
Bitget SOONUSDT
Aster SOONUSDT
Variational Omni SOONShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDT | +0.3634% | 4h | 0.1936 | −0.400% | $2.5M | $1.1M | 25x | as long as short |
Bybit SOONUSDT