Funding you earn now, next payment 05:00 UTC−0.0721%/8h= −79.0% APRpaid last 24h −0.344%
Price spread now: Bybit against Kraken Futures−0.475%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$22 a day on $10k at the current rate, and Bybit is 0.475% cheaper against Kraken Futures than usual: you would sell low and buy high (−$47 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_KAVAUSD | 0.07009 | 0.0821 | pay 0.0103% / 1h | 58m 08s | $41K | $31K | 10x |
| Short | Bybit KAVAUSDT | 0.06976 | 0.0100 | get 0.0100% / 8h | 3h 58m | $1.3M | $800K | 25x |
Kraken Futures PF_KAVAUSD
Bybit KAVAUSDTFunding 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
- −$151.46
- Price spread: −0.475% → 0.000%
- −$47.47
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$219.93
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Bybit: live order book, 3 min ago. 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 3 min ago | 5.00 bp | 182.7 bp −$183 | 1009.7 bp −$10.1K | doesn't fit | doesn't fit |
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 | 0.06980 | −0.418% | $7.8M | $8.6M | 50x | as long as short |
| Bybit KAVAUSDTshort | +0.0100% | 8h | 0.06976 | −0.475% | $1.3M | $800K | 25x | |
| MEXC KAVA_USDT | +0.0100% | 4h | 0.07003 | −0.089% | $422K | $154K | 20x | as long as short |
| KuCoin KAVAUSDTM | +0.0100% | 4h | 0.07006 | −0.047% | $364K | $49K | 12x | as long as short |
| Bitget KAVAUSDT | +0.0100% | 4h | 0.06985 | −0.346% | $759K | $385K | 25x | as long as short |
| BingX KAVA-USDT | +0.0100% | 4h | 0.06975 | −0.489% | — | $2.3M | — | as long as short |
| Variational Omni KAVA | +0.0100% | 8h | 0.07005 | −0.064% | $643 | $1K | — | as long as short |
| Gate KAVA_USDT | +0.0204% | 4h | 0.07000 | −0.132% | $528K | $135K | 25x | as long as short |
| Kraken Futures PF_KAVAUSDlong | +0.0821% | 1h | 0.07009 | long leg | $41K | $31K | 10x |
Binance KAVAUSDT
MEXC KAVA_USDT
KuCoin KAVAUSDTM
Bitget KAVAUSDT
BingX KAVA-USDT
Variational Omni KAVA
Gate KAVA_USDT