Funding you earn now, next payment 01:00 UTC+0.0876%/8h= +95.9% APRpaid last 24h −2.908%
Price spread now: Bybit against Kraken Futures−1.101%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. Bybit is 1.101% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −1.101% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$110 on $10k: about 4.2 days of funding at the current rate (+$26 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_BELUSD | 0.1277 | −0.0776 | get 0.0097% / 1h | 38m 37s | $9K | $10K | 10x |
| Short | Bybit BELUSDT | 0.1263 | 0.0100 | get 0.0100% / 8h | 7h 38m | $236K | $129K | 10x |
Kraken Futures PF_BELUSD
Bybit BELUSDTFunding 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
- $183.97
- Price spread: −1.101% → 0.000%
- −$110.05
- 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
- $52.92
- Costs to cover
- 0.210%
- Break-even
- 5.0 days
Slippage unknown: Kraken Futures: no order-book sample; Bybit: live order book, 17 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, 17 min ago | 4.35 bp | 97.6 bp −$98 | 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.
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BELUSDlong | −0.0776% | 1h | 0.1277 | long leg | $9K | $10K | 10x | |
| Aster BELUSDT | +0.0100% | 8h | 0.1264 | −1.021% | $11K | $3K | 5x | as long as short |
| Binance BELUSDT | +0.0100% | 8h | 0.1264 | −1.057% | $2.0M | $1.4M | 10x | as long as short |
| Bybit BELUSDTshort | +0.0100% | 8h | 0.1263 | −1.101% | $236K | $129K | 10x | |
| MEXC BEL_USDT | +0.0100% | 8h | 0.1264 | −1.054% | $158K | $90K | 50x | as long as short |
| KuCoin BELUSDTM | +0.0100% | 8h | 0.1263 | −1.101% | $59K | $17K | 10x | as long as short |
| Variational Omni BEL | +0.0100% | 8h | 0.1265 | −0.979% | $3K | $11 | — | as long as short |
| Gate BEL_USDT | +0.0922% | 8h | 0.1264 | −0.991% | $112K | $44K | 10x | as long as short |
Aster BELUSDT
Binance BELUSDT
MEXC BEL_USDT
KuCoin BELUSDTM
Variational Omni BEL
Gate BEL_USDT