Funding you earn now, next payment 10:00 UTC+0.1394%/8h= +152.7% APRpaid last 24h +0.100%
Price spread now: Kraken Futures against Bybit+0.365%7-day average +0.175% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,024as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,981as in the Price arb table
costs, in and out, $10k−$2,00019.998% of the position
Funding, last 7 days−0.241%−$24 on $10k
+Price spread, last 4 days (all we have)−0.127%−$13 · spread now +0.365%, 7d avg +0.175%
=Both sides work for this trade now. Funding pays +$42 a day on $10k at the current rate, and Kraken Futures is 0.190% dearer against Bybit than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.175%. Mind the row above: over the last 7 days funding on this pair cost −0.241%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.241% in total (about -12.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit JASMYUSDT | 0.004405 | 0.0100 | pay 0.0100% / 8h | 6h 19m | $3.6M | $2.6M | 75x |
| Short | Kraken Futures PF_JASMYUSD | 0.004421 | 0.1494 | get 0.0187% / 1h | 19m 09s | $263K | $265K | 20x |
Bybit JASMYUSDT
Kraken Futures PF_JASMYUSDFunding 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
- $292.82
- Price spread: +0.365% → +0.175%
- $19.03
- Slippage, 4 orders
- −$1,978.77
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$1,687.92
- Costs to cover
- 19.998%
- Break-even
- 47.4 days
Slippage from Bybit: live order book, 1 min ago; Kraken Futures: live order book, 31 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, 1 min ago | 3.40 bp | 23.8 bp −$24 | 53.0 bp −$530 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 31 min ago | 54.46 bp | 124.4 bp −$124 | doesn't fit | doesn't fit | doesn't fit |
JASMY on 14 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni JASMY | −0.0210% | 8h | 0.004403 | −0.055% | $125K | $32K | — | as long as short |
| Coinbase International JASMY-PERP-INTX | +0.0040% | 1h | 0.004399 | −0.136% | $16K | $22K | 25x | as long as short |
| Bybit JASMYUSDTlong | +0.0100% | 8h | 0.004405 | long leg | $3.6M | $2.6M | 75x | |
| Aster JASMYUSDT | +0.0100% | 8h | 0.004415 | +0.236% | $6K | $23K | 5x | as long as short |
| Binance JASMYUSDT | +0.0100% | 8h | 0.004412 | +0.159% | $3.4M | $5.4M | 75x | as long as short |
| Gate JASMY_USDT | +0.0100% | 8h | 0.004411 | +0.136% | $476K | $293K | 75x | as long as short |
| MEXC JASMY_USDT | +0.0100% | 8h | 0.004411 | +0.136% | $10.9M | $2.6M | 200x | as long as short |
| KuCoin JASMYUSDTM | +0.0100% | 8h | 0.004412 | +0.159% | $3.3M | $2.5M | 50x | as long as short |
| Bitget JASMYUSDT | +0.0100% | 8h | 0.004410 | +0.114% | $1.7M | $619K | 50x | as long as short |
| BingX JASMY-USDT | +0.0100% | 8h | 0.004411 | +0.136% | — | $10.4M | — | as long as short |
Variational Omni JASMY
Coinbase International JASMY-PERP-INTX
Aster JASMYUSDT
Binance JASMYUSDT
Gate JASMY_USDT
MEXC JASMY_USDT
KuCoin JASMYUSDTM
Bitget JASMYUSDT
BingX JASMY-USDTShow all 14 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended JASMY-USD | +0.0104% | 1h | 0.004410 | +0.107% | $3K | $266K | 10x | as long as short |
| Deribit JASMY_USDC-PERPETUAL | +0.0203% | 1h | 0.004416 | +0.250% | — | — | 10x | as long as short |
| BloFin JASMY-USDT | +0.0220% | 8h | 0.004409 | +0.091% | $221K | $274K | 75x | as long as short |
| Kraken Futures PF_JASMYUSDshort | +0.1494% | 1h | 0.004421 | +0.365% | $263K | $265K | 20x |
Extended JASMY-USD
Deribit JASMY_USDC-PERPETUAL
BloFin JASMY-USDT