Funding you earn now, next payment 04:00 UTC+3.9204%/8h= +4292.9% APRpaid last 24h +3.735%
Price spread now: Kraken Futures against Bybit+1.024%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
Both sides work for this trade now. Funding pays +$1,176 a day on $10k at the current rate, and Kraken Futures is 1.024% dearer against Bybit than usual: you sell high and buy low: +$102 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BELUSDT | 0.1260 | 0.0260 | pay 0.0260% / 8h | 4h 25m | $237K | $148K | 10x |
| Short | Kraken Futures PF_BELUSD | 0.1273 | 3.9464 | get 0.4933% / 1h | 25m 02s | $9K | $10K | 10x |
Bybit BELUSDT
Kraken Futures PF_BELUSDFunding 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
- $8,232.93
- Price spread: +1.024% → 0.000%
- $102.43
- 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
- $8,314.35
- Costs to cover
- 0.210%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 15 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, 15 min ago | 4.38 bp | 106.0 bp −$106 | 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.
BEL on 8 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 BELUSDT | +0.0100% | 8h | 0.1259 | −0.072% | $11K | $1K | 5x | as long as short |
| Binance BELUSDT | +0.0100% | 8h | 0.1260 | −0.031% | $2.0M | $1.4M | 10x | as long as short |
| MEXC BEL_USDT | +0.0100% | 8h | 0.1260 | −0.040% | $153K | $91K | 50x | as long as short |
| KuCoin BELUSDTM | +0.0100% | 8h | 0.1261 | +0.048% | $61K | $17K | 10x | as long as short |
| Variational Omni BEL | +0.0100% | 8h | 0.1261 | +0.009% | $3K | $11 | — | as long as short |
| Bybit BELUSDTlong | +0.0260% | 8h | 0.1260 | long leg | $237K | $148K | 10x | |
| Gate BEL_USDT | +0.0547% | 8h | 0.1262 | +0.087% | $111K | $42K | 10x | as long as short |
| Kraken Futures PF_BELUSDshort | +3.9464% | 1h | 0.1273 | +1.024% | $9K | $10K | 10x |
Aster BELUSDT
Binance BELUSDT
MEXC BEL_USDT
KuCoin BELUSDTM
Variational Omni BEL
Gate BEL_USDT