Funding you earn now, next payment 06:00 UTC−0.0192%/8h= −21.0% APRpaid last 24h −0.160%
Price spread now: Kraken Futures against Bybit−0.021%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 −$6 a day on $10k at the current rate, and Kraken Futures is 0.021% 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 CGPTUSDT | 0.02138 | 0.0100 | pay 0.0050% / 4h | 2h 38m | $361K | $212K | 25x |
| Short | Kraken Futures PF_CGPTUSD | 0.02138 | −0.0092 | pay 0.0011% / 1h | 38m 44s | $2K | $2K | 10x |
Bybit CGPTUSDT
Kraken Futures PF_CGPTUSDFunding 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
- −$40.24
- Price spread: −0.021% → 0.000%
- −$2.07
- 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
- −$63.31
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 1 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, 1 min ago | 9.35 bp | 108.0 bp −$108 | 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.
CGPT on 10 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_CGPTUSDshort | −0.0092% | 1h | 0.02138 | −0.021% | $2K | $2K | 10x | |
| Binance CGPTUSDT | +0.0100% | 4h | 0.02135 | −0.135% | $1.5M | $1.7M | 50x | as long as short |
| Bybit CGPTUSDTlong | +0.0100% | 4h | 0.02138 | long leg | $361K | $212K | 25x | |
| Gate CGPT_USDT | +0.0100% | 4h | 0.02141 | +0.140% | $183K | $54K | 50x | as long as short |
| MEXC CGPT_USDT | +0.0100% | 4h | 0.02135 | −0.140% | $417K | $130K | 100x | as long as short |
| KuCoin CGPTUSDTM | +0.0100% | 4h | 0.02130 | −0.374% | $241K | $23K | 30x | as long as short |
| Bitget CGPTUSDT | +0.0100% | 4h | 0.02141 | +0.140% | $595K | $98K | 50x | as long as short |
| BingX CGPT-USDT | +0.0100% | 4h | 0.02137 | −0.047% | — | $1.3M | — | as long as short |
| Variational Omni CGPT | +0.0100% | 4h | 0.02146 | +0.382% | $15K | $2K | — | as long as short |
| Extended CGPT-USD | +0.0104% | 1h | 0.02134 | −0.166% | $15K | $243K | 5x | as long as short |
Binance CGPTUSDT
Gate CGPT_USDT
MEXC CGPT_USDT
KuCoin CGPTUSDTM
Bitget CGPTUSDT
BingX CGPT-USDT
Variational Omni CGPT
Extended CGPT-USD