Funding you earn now, next payment 03:00 UTC−0.1248%/8h= −136.7% APRpaid last 24h −0.272%
Price spread now: Kraken Futures against Bybit−0.066%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$37 a day on $10k at the current rate, and Kraken Futures is 0.066% cheaper against Bybit than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AIXBTUSDT | 0.02294 | 0.0100 | pay 0.0050% / 4h | 1h 32m | $1.2M | $1.0M | 25x |
| Short | Kraken Futures PF_AIXBTUSD | 0.02293 | −0.1148 | pay 0.0144% / 1h | 32m 30s | $19K | $7K | 10x |
Bybit AIXBTUSDT
Kraken Futures PF_AIXBTUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bybit. 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
- −$262.08
- Price spread: −0.066% → 0.000%
- −$6.58
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$289.67
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 3 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 Bybit live order book, 3 min ago | 4.37 bp | 33.6 bp −$34 | 289.8 bp −$2,898 | 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.
AIXBT on 14 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_AIXBTUSDshort | −0.1148% | 1h | 0.02293 | −0.066% | $19K | $7K | 10x | |
| BloFin AIXBT-USDT | +0.0065% | 4h | 0.02293 | −0.048% | $118K | $73K | 50x | as long as short |
| Hyperliquid AIXBT | +0.0100% | 1h | 0.02298 | +0.166% | $394K | $199K | 3x | as long as short |
| Binance AIXBTUSDT | +0.0100% | 4h | 0.02296 | +0.098% | $2.4M | $3.2M | 50x | as long as short |
| Bybit AIXBTUSDTlong | +0.0100% | 4h | 0.02294 | long leg | $1.2M | $1.0M | 25x | |
| OKX AIXBT-USDT-SWAP | +0.0100% | 4h | 0.02295 | +0.039% | $453K | $1.6M | 20x | as long as short |
| Gate AIXBT_USDT | +0.0100% | 4h | 0.02297 | +0.126% | $203K | $100K | 25x | as long as short |
| MEXC AIXBT_USDT | +0.0100% | 4h | 0.02296 | +0.083% | $566K | $206K | 100x | as long as short |
| KuCoin AIXBTUSDTM | +0.0100% | 4h | 0.02295 | +0.039% | $1.2M | $1.4M | 30x | as long as short |
| Bitget AIXBTUSDT | +0.0100% | 4h | 0.02297 | +0.126% | $655K | $509K | 20x | as long as short |
BloFin AIXBT-USDT
Hyperliquid AIXBT
Binance AIXBTUSDT
OKX AIXBT-USDT-SWAP
Gate AIXBT_USDT
MEXC AIXBT_USDT
KuCoin AIXBTUSDTM
Bitget AIXBTUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX AIXBT-USDT | +0.0100% | 4h | 0.02297 | +0.126% | — | $6.6M | — | as long as short |
| Variational Omni AIXBT | +0.0100% | 4h | 0.02284 | −0.460% | $100K | $10K | — | as long as short |
| GMX AIXBT/USD [ETH-USDC] | L +0.0271% / S −0.0486% | 1h | 0.02296 | +0.100% | $5K | — | 100x | as long as short |
| Reya AIXBTRUSDPERP | +0.0372% | 1h | 0.02295 | +0.033% | — | — | — | as long as short |
BingX AIXBT-USDT
Variational Omni AIXBT
GMX AIXBT/USD [ETH-USDC]
Reya AIXBTRUSDPERP