Settings8H · net · $10k
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Funding arb · Price arb /

BAT

all BAT markets
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Alert: funding
Measured
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 02:00 UTC+0.0254%/8h= +27.8% APRpaid last 24h +0.289%
Price spread now: Bybit against Kraken Futures−0.021%7-day average −0.070% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Long on Kraken FuturesShort on Bybit
What this pair did over the last
the charts below follow
Funding, last 7 days−1.388%−$139 on $10k
Price spread, last 3 days (all we have)+0.033%+$3 · spread now −0.021%, 7d avg −0.070%
Together, before fees−1.355%−$136 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Bybit is 0.050% dearer against Kraken Futures than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.070%. Mind the row above: over the last 7 days funding on this pair cost −1.388%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_BATUSD0.08407−0.0154get 0.0019% / 1h5m 22s$115K$16K10x
ShortBybit BATUSDT0.084050.0100get 0.0100% / 8h6h 05m$1.1M$466K25x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$53.31
Price spread: −0.021% → −0.070%
$4.95
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
$37.27
Costs to cover
0.210%
Break-even
2.1 days
Slippage unknown: Kraken Futures: live order book, 62 min ago; Bybit: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 62 min ago14.87 bp515.2 bp −$515doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago3.58 bp48.0 bp −$48352.7 bp −$3,527doesn't fitdoesn't fit

BAT on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BATUSDlong−0.0154%1h0.08407long leg$115K$16K10x
Binance BATUSDT+0.0100%8h0.08403−0.040%$1.9M$2.0M50xas long as short
Bybit BATUSDTshort+0.0100%8h0.08405−0.021%$1.1M$466K25x
OKX BAT-USDT-SWAP+0.0100%8h0.08404−0.033%$532K$433K20xas long as short
Gate BAT_USDT+0.0100%8h0.08396−0.128%$82K$45K25xas long as short
MEXC BAT_USDT+0.0100%8h0.08401−0.068%$822K$630K125xas long as short
KuCoin BATUSDTM+0.0100%8h0.08400−0.080%$264K$60K20xas long as short
Bitget BATUSDT+0.0100%8h0.08403−0.045%$671K$183K50xas long as short
BingX BAT-USDT+0.0100%8h0.08400−0.080%—$1.3M—as long as short
Variational Omni BAT+0.0100%8h0.08396−0.133%$114K$78—as long as short