Funding you earn now, next payment 01:00 UTC−0.2542%/8h= −278.4% APRpaid last 24h −0.554%
Price spread now: Kraken Futures against Bybit−0.020%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
Both sides work against this trade now: funding costs −$76 a day on $10k at the current rate, and Kraken Futures is 0.020% cheaper against Bybit than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CFGUSDT | 0.1375 | 0.0100 | pay 0.0050% / 4h | 3h 36m | $2.0M | $2.5M | 25x |
| Short | Kraken Futures PF_CFGUSD | 0.1375 | −0.2442 | pay 0.0305% / 1h | 36m 45s | $11K | $5K | 10x |
Bybit CFGUSDT
Kraken Futures PF_CFGUSDFunding 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
- −$533.92
- Price spread: −0.020% → 0.000%
- −$2.02
- 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
- −$556.94
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 5 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, 5 min ago | 3.63 bp | 58.5 bp −$59 | 242.0 bp −$2,420 | 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.
CFG on 12 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_CFGUSDshort | −0.2442% | 1h | 0.1375 | −0.020% | $11K | $5K | 10x | |
| Aster CFGUSDT | +0.0100% | 4h | 0.1377 | +0.145% | $11K | $64K | 10x | as long as short |
| Binance CFGUSDT | +0.0100% | 4h | 0.1377 | +0.109% | $3.1M | $10.9M | 50x | as long as short |
| Bybit CFGUSDTlong | +0.0100% | 4h | 0.1375 | long leg | $2.0M | $2.5M | 25x | |
| Gate CFG_USDT | +0.0100% | 4h | 0.1376 | +0.109% | $539K | $366K | 20x | as long as short |
| MEXC CFG_USDT | +0.0100% | 4h | 0.1377 | +0.145% | $326K | $151K | 20x | as long as short |
| KuCoin CFGUSDTM | +0.0100% | 4h | 0.1377 | +0.145% | $426K | $184K | 20x | as long as short |
| Bitget CFGUSDT | +0.0100% | 4h | 0.1377 | +0.138% | $1.0M | $1.2M | 20x | as long as short |
| BingX CFG-USDT | +0.0100% | 4h | 0.1376 | +0.073% | — | $1.8M | — | as long as short |
| SunX CFG-USDT | +0.0100% | 4h | 0.1375 | 0.000% | $1K | $1.7M | 20x | as long as short |
Aster CFGUSDT
Binance CFGUSDT
Gate CFG_USDT
MEXC CFG_USDT
KuCoin CFGUSDTM
Bitget CFGUSDT
BingX CFG-USDT
SunX CFG-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended CFG-USD | +0.0104% | 1h | 0.1377 | +0.125% | $29K | $312K | 5x | as long as short |
| BloFin CFG-USDT | +0.0143% | 4h | 0.1375 | 0.000% | $203K | $37K | 50x | as long as short |
Extended CFG-USD
BloFin CFG-USDT