Funding you earn now, next payment 07:00 UTC+0.0269%/8h= +29.5% APRpaid last 24h +0.069%
Price spread now: Bybit against Kraken Futures−0.037%7-day average −0.202% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$940.941% of the position
Funding, last 7 days+0.483%+$48 on $10k
+Price spread, last 4 days (all we have)−0.321%−$32 · spread now −0.037%, 7d avg −0.202%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Bybit is 0.165% dearer against Kraken Futures than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.202%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_EGLDUSD | 4.3296 | −0.0169 | get 0.0021% / 1h | 35m 52s | $437K | $714K | 20x |
| Short | Bybit EGLDUSDT | 4.3280 | 0.0100 | get 0.0100% / 8h | 1h 35m | $2.5M | $7.8M | 75x |
Kraken Futures PF_EGLDUSD
Bybit EGLDUSDTFunding 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
- $56.48
- Price spread: −0.037% → −0.202%
- $16.52
- Slippage, 4 orders
- −$73.11
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$21.1
- Costs to cover
- 0.941%
- Break-even
- 9.6 days
Slippage from Kraken Futures: live order book, 7 min ago; Bybit: live order book, 2 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 Kraken Futures live order book, 7 min ago | 11.56 bp | 32.9 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.16 bp | 18.6 bp −$19 | 73.6 bp −$736 | 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_EGLDUSDlong | −0.0169% | 1h | 4.3296 | long leg | $437K | $714K | 20x | |
| Injective EGLD/USDC PERP | +0.0033% | 1h | 3.6600 | −15.466% | $16 | $46K | 5.5x | as long as short |
| Binance EGLDUSDT | +0.0100% | 8h | 4.3270 | −0.060% | $4.5M | $24.2M | 75x | as long as short |
| Bybit EGLDUSDTshort | +0.0100% | 8h | 4.3280 | −0.037% | $2.5M | $7.8M | 75x | |
| Gate EGLD_USDT | +0.0100% | 8h | 4.3330 | +0.079% | $442K | $612K | 30x | as long as short |
| MEXC EGLD_USDT | +0.0100% | 8h | 4.3270 | −0.060% | $4.0M | $2.9M | 125x | as long as short |
| KuCoin EGLDUSDTM | +0.0100% | 8h | 4.3380 | +0.194% | $2.8M | $1.1M | 50x | as long as short |
| Bitget EGLDUSDT | +0.0100% | 8h | 4.3300 | +0.009% | $2.2M | $3.9M | 75x | as long as short |
| Variational Omni EGLD | +0.0100% | 8h | 4.3292 | −0.008% | $16K | $55K | — | as long as short |
| BloFin EGLD-USDT | +0.0220% | 8h | 4.3210 | −0.199% | $211K | $562K | 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 | +0.0353% | 8h | 4.3260 | −0.083% | — | $2.8M | — | as long as short |
| OKX EGLD-USDT-SWAP | +0.0375% | 8h | 4.3260 | −0.083% | $589K | $4.0M | 20x | as long as short |
BingX EGLD-USDT
OKX EGLD-USDT-SWAP