Funding you earn now, next payment 02:00 UTC−0.0869%/8h= −95.2% APRpaid last 24h +0.317%
Price spread now: Bybit against Kraken Futures+0.052%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
The price spread pays, funding is against you. Bybit is 0.052% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.052% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 5 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_BBUSD | 0.009081 | 0.1894 | pay 0.0237% / 1h | 8m 17s | $21K | $3K | 10x |
| Short | Bybit BBUSDT | 0.009086 | 0.1025 | get 0.0513% / 4h | 2h 08m | $685K | $804K | 25x |
Kraken Futures PF_BBUSD
Bybit BBUSDTFunding 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
- −$182.5
- Price spread: +0.052% → 0.000%
- $5.17
- 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
- −$198.33
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Bybit: live order book, 56 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, 56 min ago | 3.80 bp | 88.7 bp −$89 | 275.3 bp −$2,753 | 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.
BB on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BBUSDT | +0.0100% | 4h | 0.009069 | −0.138% | $12K | $13K | 5x | as long as short |
| Binance BBUSDT | +0.0100% | 4h | 0.009077 | −0.047% | $3.3M | $6.9M | 50x | as long as short |
| Gate BB_USDT | +0.0100% | 4h | 0.009080 | −0.014% | $131K | $223K | 50x | as long as short |
| MEXC BB_USDT | +0.0100% | 4h | 0.009077 | −0.047% | $1.4M | $593K | 100x | as long as short |
| KuCoin BBUSDTM | +0.0100% | 4h | 0.009070 | −0.124% | $444K | $90K | 50x | as long as short |
| Bitget BBUSDT | +0.0100% | 4h | 0.009080 | −0.014% | $328K | $481K | 50x | as long as short |
| Bybit BBUSDTshort | +0.1025% | 4h | 0.009086 | +0.052% | $685K | $804K | 25x | |
| BingX BB-USDT | +0.1166% | 4h | 0.009083 | +0.019% | — | $1.3M | — | as long as short |
| Kraken Futures PF_BBUSDlong | +0.1894% | 1h | 0.009081 | long leg | $21K | $3K | 10x |
Aster BBUSDT
Binance BBUSDT
Gate BB_USDT
MEXC BB_USDT
KuCoin BBUSDTM
Bitget BBUSDT
BingX BB-USDT