Funding you earn now, next payment 06:00 UTC+0.0885%/8h= +96.9% APRpaid last 24h +0.147%
Price spread now: Kraken Futures against OKX+0.214%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 +$27 a day on $10k at the current rate, and Kraken Futures is 0.214% dearer against OKX than usual: you sell high and buy low: +$21 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 | OKX ZRX-USDT-SWAP | 0.1192 | 0.0100 | pay 0.0050% / 4h | 2h 46m | $522K | $350K | 20x |
| Short | Kraken Futures PF_ZRXUSD | 0.1194 | 0.0985 | get 0.0123% / 1h | 46m 19s | $38K | $5K | 10x |
OKX ZRX-USDT-SWAP
Kraken Futures PF_ZRXUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against OKX. 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
- $185.75
- Price spread: +0.214% → 0.000%
- $21.42
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $187.17
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: OKX: live order book, 65 min ago; Kraken Futures: no order-book sample. 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 OKX live order book, 65 min ago | 2.89 bp | 54.1 bp −$54 | 6244.0 bp −$62.4K | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
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.
ZRX 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ZRXUSDT | +0.0100% | 4h | 0.1193 | +0.117% | $1.8M | $1.4M | 50x | as long as short |
| Bybit ZRXUSDT | +0.0100% | 8h | 0.1192 | +0.034% | $1.4M | $331K | 25x | as long as short |
| OKX ZRX-USDT-SWAPlong | +0.0100% | 4h | 0.1192 | long leg | $522K | $350K | 20x | |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1192 | +0.050% | $143K | $40K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1192 | +0.034% | $894K | $164K | 50x | as long as short |
| KuCoin ZRXUSDTM | +0.0100% | 4h | 0.1192 | +0.034% | $302K | $55K | 30x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1190 | −0.134% | $599K | $131K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1193 | +0.117% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1193 | +0.142% | $23K | $13K | — | as long as short |
| BloFin ZRX-USDT | +0.0119% | 4h | 0.1196 | +0.369% | $93K | $23K | 50x | as long as short |
Binance ZRXUSDT
Bybit ZRXUSDT
Gate ZRX_USDT
MEXC ZRX_USDT
KuCoin ZRXUSDTM
Bitget ZRXUSDT
BingX ZRX-USDT
Variational Omni ZRX
BloFin ZRX-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZRXUSDshort | +0.0985% | 1h | 0.1194 | +0.214% | $38K | $5K | 10x |