Funding you earn now, next payment 10:00 UTC−0.1006%/8h= −110.1% APRpaid last 24h −0.235%
Price spread now: Bybit against Kraken Futures−0.024%55s7-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 −$30 a day on $10k at the current rate, and Bybit is 0.024% cheaper against Kraken Futures than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_BANANAUSD | 4.1180 | 0.1106 | pay 0.0138% / 1h | 58m 22s | $7K | $1K | 10x |
| Short | Bybit BANANAUSDT | 4.1170 | 0.0100 | get 0.0050% / 4h | 2h 58m | $427K | $423K | 25x |
Kraken Futures PF_BANANAUSD
Bybit BANANAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$211.19
- Price spread: −0.024% → 0.000%
- −$2.4
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$234.59
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Bybit: live order book, 26 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 Bybit live order book, 26 min ago | 7.32 bp | 136.7 bp −$137 | 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.
BANANA on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin BANANA-USDT | +0.0076% | 4h | 4.1150 | −0.073% | $111K | $16K | 25x | as long as short |
| Hyperliquid BANANA | +0.0100% | 1h | 4.1194 | +0.034% | $178K | $61K | 3x | as long as short |
| Binance BANANAUSDT | +0.0100% | 4h | 4.1137 | −0.104% | $1.7M | $1.4M | 25x | as long as short |
| Bybit BANANAUSDTshort | +0.0100% | 4h | 4.1170 | −0.024% | $427K | $423K | 25x | |
| Gate BANANA_USDT | +0.0100% | 8h | 4.1120 | −0.145% | $63K | $46K | 25x | as long as short |
| MEXC BANANA_USDT | +0.0100% | 4h | 4.1160 | −0.048% | $565K | $171K | 20x | as long as short |
| KuCoin BANANAUSDTM | +0.0100% | 4h | 4.1140 | −0.097% | $157K | $34K | 20x | as long as short |
| Bitget BANANAUSDT | +0.0100% | 4h | 4.1170 | −0.024% | $261K | $34K | 20x | as long as short |
| BingX BANANA-USDT | +0.0100% | 4h | 4.1150 | −0.073% | — | $11.8M | — | as long as short |
| Kraken Futures PF_BANANAUSDlong | +0.1106% | 1h | 4.1180 | long leg | $7K | $1K | 10x |
BloFin BANANA-USDT
Hyperliquid BANANA
Binance BANANAUSDT
Gate BANANA_USDT
MEXC BANANA_USDT
KuCoin BANANAUSDTM
Bitget BANANAUSDT
BingX BANANA-USDT