Funding you earn now, next payment 02:00 UTC+0.0943%/8h= +103.2% APRpaid last 24h +0.344%
Price spread now: Kraken Futures against Bybit+0.157%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 +$28 a day on $10k at the current rate, and Kraken Futures is 0.157% dearer against Bybit than usual: you sell high and buy low: +$16 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 | Bybit KAVAUSDT | 0.07006 | 0.0100 | pay 0.0100% / 8h | 6h 23m | $1.3M | $829K | 25x |
| Short | Kraken Futures PF_KAVAUSD | 0.07017 | 0.1043 | get 0.0130% / 1h | 23m 28s | $42K | $32K | 10x |
Bybit KAVAUSDT
Kraken Futures PF_KAVAUSDFunding 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
- $197.94
- Price spread: +0.157% → 0.000%
- $15.72
- 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
- $192.66
- Costs to cover
- 0.210%
- Break-even
- 0.2 days
Slippage unknown: Bybit: live order book, 2 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 2 min ago | 4.99 bp | 178.5 bp −$178 | doesn't fit | doesn't fit | doesn'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.
KAVA on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance KAVAUSDT | +0.0100% | 4h | 0.07007 | +0.015% | $7.7M | $8.8M | 50x | as long as short |
| Bybit KAVAUSDTlong | +0.0100% | 8h | 0.07006 | long leg | $1.3M | $829K | 25x | |
| Gate KAVA_USDT | +0.0100% | 4h | 0.07013 | +0.100% | $484K | $112K | 25x | as long as short |
| MEXC KAVA_USDT | +0.0100% | 4h | 0.07006 | 0.000% | $425K | $168K | 20x | as long as short |
| KuCoin KAVAUSDTM | +0.0100% | 4h | 0.06999 | −0.100% | $364K | $55K | 12x | as long as short |
| Bitget KAVAUSDT | +0.0100% | 4h | 0.07003 | −0.043% | $760K | $367K | 25x | as long as short |
| BingX KAVA-USDT | +0.0100% | 4h | 0.07009 | +0.043% | — | $2.3M | — | as long as short |
| Variational Omni KAVA | +0.0100% | 8h | 0.07008 | +0.033% | $642 | $1K | — | as long as short |
| Kraken Futures PF_KAVAUSDshort | +0.1043% | 1h | 0.07017 | +0.157% | $42K | $32K | 10x |
Binance KAVAUSDT
Gate KAVA_USDT
MEXC KAVA_USDT
KuCoin KAVAUSDTM
Bitget KAVAUSDT
BingX KAVA-USDT
Variational Omni KAVA