Funding you earn now, next payment 05:00 UTC+0.2248%/8h= +246.2% APRpaid last 24h −0.541%
Price spread now: Kraken Futures against Bybit−0.083%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
Funding pays, the price is against you. Kraken Futures is 0.083% cheaper against Bybit than usual: you would sell low and buy high (spread −0.083% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 3 hours of funding at the current rate (+$67 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BANDUSDT | 0.2150 | 0.0100 | pay 0.0100% / 8h | 3h 30m | $305K | $185K | 20x |
| Short | Kraken Futures PF_BANDUSD | 0.2148 | 0.2348 | get 0.0294% / 1h | 30m 20s | $20K | $1K | 10x |
Bybit BANDUSDT
Kraken Futures PF_BANDUSDFunding 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
- $472.14
- Price spread: −0.083% → 0.000%
- −$8.31
- 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
- $442.84
- Costs to cover
- 0.210%
- Break-even
- 0.4 days
Slippage unknown: Bybit: live order book, 14 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, 14 min ago | 9.29 bp | 104.5 bp −$104 | doesn't fit | 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.
BAND 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance BANDUSDT | +0.0100% | 8h | 0.2150 | 0.000% | $1.3M | $1.7M | 50x | as long as short |
| Bybit BANDUSDTlong | +0.0100% | 8h | 0.2150 | long leg | $305K | $185K | 20x | |
| OKX BAND-USDT-SWAP | +0.0100% | 8h | 0.2152 | +0.093% | $233K | $408K | 10x | as long as short |
| Gate BAND_USDT | +0.0100% | 8h | 0.2157 | +0.326% | $200K | $62K | 20x | as long as short |
| MEXC BAND_USDT | +0.0100% | 8h | 0.2149 | −0.047% | $368K | $147K | 100x | as long as short |
| KuCoin BANDUSDTM | +0.0100% | 8h | 0.2152 | +0.093% | $751K | $59K | 30x | as long as short |
| Bitget BANDUSDT | +0.0100% | 8h | 0.2150 | 0.000% | $804K | $105K | 50x | as long as short |
| Variational Omni BAND | +0.0100% | 8h | 0.2152 | +0.076% | $7K | $963 | — | as long as short |
| BloFin BAND-USDT | +0.0112% | 8h | 0.2148 | −0.093% | $74K | $8K | 50x | as long as short |
| Kraken Futures PF_BANDUSDshort | +0.2348% | 1h | 0.2148 | −0.083% | $20K | $1K | 10x |
Binance BANDUSDT
OKX BAND-USDT-SWAP
Gate BAND_USDT
MEXC BAND_USDT
KuCoin BANDUSDTM
Bitget BANDUSDT
Variational Omni BAND
BloFin BAND-USDT