Funding you earn now, next payment 08:00 UTC+0.0829%/8h= +90.7% APRpaid last 24h +0.145%
Price spread now: Bybit against Kraken Futures+0.110%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 +$25 a day on $10k at the current rate, and Bybit is 0.110% dearer against Kraken Futures than usual: you sell high and buy low: +$11 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 | Kraken Futures PF_CGPTUSD | 0.02141 | −0.0729 | get 0.0091% / 1h | 23m 33s | $3K | $3K | 10x |
| Short | Bybit CGPTUSDT | 0.02143 | 0.0100 | get 0.0050% / 4h | 23m 33s | $361K | $210K | 25x |
Kraken Futures PF_CGPTUSD
Bybit CGPTUSDTFunding 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
- $174.01
- Price spread: +0.110% → 0.000%
- $11.03
- 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
- $164.04
- Costs to cover
- 0.210%
- Break-even
- 0.4 days
Slippage unknown: Kraken Futures: no order-book sample; Bybit: live order book, 6 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, 6 min ago | 13.99 bp | 69.5 bp −$70 | 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.
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_CGPTUSDlong | −0.0729% | 1h | 0.02141 | long leg | $3K | $3K | 10x | |
| Binance CGPTUSDT | +0.0100% | 4h | 0.02139 | −0.081% | $1.5M | $1.7M | 50x | as long as short |
| Bybit CGPTUSDTshort | +0.0100% | 4h | 0.02143 | +0.110% | $361K | $210K | 25x | |
| Gate CGPT_USDT | +0.0100% | 4h | 0.02144 | +0.152% | $184K | $53K | 50x | as long as short |
| MEXC CGPT_USDT | +0.0100% | 4h | 0.02137 | −0.175% | $417K | $130K | 100x | as long as short |
| KuCoin CGPTUSDTM | +0.0100% | 4h | 0.02145 | +0.199% | $247K | $21K | 30x | as long as short |
| Bitget CGPTUSDT | +0.0100% | 4h | 0.02142 | +0.059% | $597K | $113K | 50x | as long as short |
| BingX CGPT-USDT | +0.0100% | 4h | 0.02139 | −0.081% | — | $1.3M | — | as long as short |
| Variational Omni CGPT | +0.0100% | 4h | 0.02143 | +0.087% | $15K | $2K | — | as long as short |
| Extended CGPT-USD | +0.0104% | 1h | 0.02136 | −0.228% | $15K | $291K | 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