Funding you earn now, next payment 06:00 UTC−0.0284%/8h= −31.1% APRpaid last 24h −0.087%
Price spread now: Kraken Futures against Bybit−0.024%7-day average +0.204% · you buy dearer than you sell
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1011.005% of the position
Funding, last 7 days−0.483%−$48 on $10k
+Price spread, last 4 days (all we have)+0.371%+$37 · spread now −0.024%, 7d avg +0.204%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Kraken Futures is 0.228% cheaper against Bybit than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of +0.204%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit EGLDUSDT | 4.3100 | 0.0100 | pay 0.0100% / 8h | 2h 36m | $2.6M | $8.2M | 75x |
| Short | Kraken Futures PF_EGLDUSD | 4.3090 | −0.0184 | pay 0.0023% / 1h | 36m 24s | $445K | $721K | 20x |
Bybit EGLDUSDT
Kraken Futures PF_EGLDUSDFunding 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
- −$59.6
- Price spread: −0.024% → +0.204%
- −$22.8
- Slippage, 4 orders
- −$79.55
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$182.95
- Costs to cover
- 1.005%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 7 min ago; Kraken Futures: live order book, 12 min ago.
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, 7 min ago | 1.16 bp | 18.4 bp −$18 | 75.9 bp −$759 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 12 min ago | 14.95 bp | 26.2 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
EGLD 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_EGLDUSDshort | −0.0184% | 1h | 4.3090 | −0.024% | $445K | $721K | 20x | |
| Injective EGLD/USDC PERP | +0.0033% | 1h | 3.6600 | −15.081% | $16 | $46K | 5.5x | as long as short |
| Binance EGLDUSDT | +0.0100% | 8h | 4.3070 | −0.070% | $4.5M | $25.2M | 75x | as long as short |
| Bybit EGLDUSDTlong | +0.0100% | 8h | 4.3100 | long leg | $2.6M | $8.2M | 75x | |
| Gate EGLD_USDT | +0.0100% | 8h | 4.3130 | +0.070% | $445K | $656K | 30x | as long as short |
| MEXC EGLD_USDT | +0.0100% | 8h | 4.3090 | −0.023% | $4.0M | $3.0M | 125x | as long as short |
| KuCoin EGLDUSDTM | +0.0100% | 8h | 4.3150 | +0.116% | $2.8M | $1.2M | 50x | as long as short |
| Bitget EGLDUSDT | +0.0100% | 8h | 4.3080 | −0.046% | $2.2M | $3.9M | 75x | as long as short |
| Variational Omni EGLD | +0.0100% | 8h | 4.3043 | −0.132% | $16K | $55K | — | as long as short |
| BloFin EGLD-USDT | +0.0220% | 8h | 4.2990 | −0.255% | $219K | $571K | 75x | as long as short |
Injective EGLD/USDC PERP
Binance EGLDUSDT
Gate EGLD_USDT
MEXC EGLD_USDT
KuCoin EGLDUSDTM
Bitget EGLDUSDT
Variational Omni EGLD
BloFin EGLD-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX EGLD-USDT | +0.0305% | 8h | 4.3080 | −0.046% | — | $2.8M | — | as long as short |
| OKX EGLD-USDT-SWAP | +0.0333% | 8h | 4.3090 | −0.023% | $598K | $4.4M | 20x | as long as short |
BingX EGLD-USDT
OKX EGLD-USDT-SWAP