Settings8H · net · $10k
Funding arb · Price arb /

FLOW

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0793%/8h= −86.8% APRpaid last 24h −0.429%
Price spread now: Kraken Futures against Bybit+0.070%55s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Kraken Futures is 0.070% dearer against Bybit than usual: you sell high and buy low (spread +0.070% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 7 hours. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit FLOWUSDT0.032550.0100pay 0.0100% / 8h6h 06m$1.5M$1.3M20x
ShortKraken Futures PF_FLOWUSD0.03257−0.0693pay 0.0087% / 1h6m 30s$35K$47K10x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$166.56
Price spread: +0.070% → 0.000%
$7.03
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
−$180.53
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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 5 min ago7.69 bp82.6 bp −$83262.6 bp −$2,626doesn't fitdoesn'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.

FLOW on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_FLOWUSDshort−0.0693%1h0.03257+0.070%$35K$47K10x
Injective FLOW/USDC PERP+0.0033%1h0.03046−6.421%$213$14K5.5xas long as short
Aster FLOWUSDT+0.0100%4h0.03256+0.045%$7K$15K5xas long as short
Binance FLOWUSDT+0.0100%4h0.03255−0.012%$2.6M$8.2M10xas long as short
Bybit FLOWUSDTlong+0.0100%8h0.03255long leg$1.5M$1.3M20x
OKX FLOW-USDT-SWAP+0.0100%4h0.03254−0.031%$862K$1.9M10xas long as short
Gate FLOW_USDT+0.0100%8h0.03245−0.307%$288K$306K10xas long as short
MEXC FLOW_USDT+0.0100%4h0.03254−0.031%$1.7M$1.1M50xas long as short
KuCoin FLOWUSDTM+0.0100%4h0.03258+0.092%$292K$139K10xas long as short
BingX FLOW-USDT+0.0100%4h0.03254−0.031%$1.8Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni FLOW+0.0100%8h0.03246−0.263%$34K$1Kas long as short